Klein v. Mathewson

Opinion by

Mb. Chief Justice Hobace Stebn,

This is an appeal from the refusal of the court below to open judgments entered by confession on two certain notes, which, defendant claims, were rendered illegal because of usury.

Defendant, Ealph C. Mathewson, was in financial difficulties of various Mnds, one of his troubles being a pending foreclosure of a $40,000 mortgage on certain of his properties and which he tried to avert by instituting proceedings in the federal court under a section of the Bankruptcy Act. In order to obtain a loan to liquidate this mortgage and other indebtedness, and his…