Williams v. Burmeister

The appellants, John A. Williams and wife, complainants below, brought a suit against the defendant, Fred A. Burmeister, and others. The bill was entitled “A bill to impress a trust upon realty, or its pi'oceeds, to purge a transaction of usury and to recover usury paid.”

The property involved is a lot and industrial-type building conveyed by complainants, Williams and wife, to defendant, Fred A. Burmeister, by deed dated May 12, 1955. The defendant, Burmeister, on December 30, 1955, conveyed the same property to the defendant, Bedford, for the sum of $32,000 receiving $5,000 in cash and…