Cobe v. Guyer

This writ of error is prosecuted to reverse a judgment of the Appellate Court affirming a decree of foreclosure. The mortgagee was the Masonic Mutual Savings and Loan Association, a corporation organized under the Homestead and Loan Association act, and the defendant in error the assignee of the receiver of said association, appointed by the superior court of Cook county under section 25 of that act. Several reasons for reversal are urged, but in the view we take of the defense of usury, which was insisted upon in the circuit court, it will be unnecessary to consider any other question.

The…