Cannon v. Seattle Title Trust Co.

This is an appeal from a judgment of the court after verdict by jury in favor of the plaintiff in the sum of $2,772.29, in an action to recover usurious payments.

This case was before us recently. (Cannon v. Seattle Title Trust Co., 142 Wash. 213, 252 Pac. 699.) Reference may be made thereto for the facts of the action which, briefly stated, involved dealings between the parties whereby Cannon delivered a mortgage to the appellant and received $32,000 in cash. Later on, he received the mortgage back upon payment of $34,- 000. Whether the transaction was a loan or a sale with option to…