Legal Opinion

Goodwin v. Bishop

Appellate Court of Illinois

Decided February 1, 1893Published

Memorandum.—Bill to foreclose a trust deed. Bill filed July 8, 1891. Appeal from the Circuit Court of Cook County; the Hon. Murray F. Tuley, Judge, presiding. Heard in this court at the October term, 1892, and affirmed.

1Opinion of the Court

Opinion by the Court.

A bill having been filed by H. E. Lowe, trustee, and E. F. Bagley, successor, to foreclose a trust deed made by appellants to secure their note for $5,000, with interest thereon at seven per cent per annum, a decree was rendered from which this appeal is prosecuted.

It was urged in. the court below, and is here, that the loan was usurious; the statement of the answer as to this was as follows:

“And these respondents say that they did not, nor did either of them, receive the full sum of $5,000 from said complainants at the time of making said loan, nor at any time, nor did…

2Cases cited9 opinions

  1. Board of Supervisors of Fulton County v. Mississippi & Wabash RailroadIllinois Supreme Court · 1859
  2. Mosier v. NortonIllinois Supreme Court · 1876
  3. Ammondson v. RyanIllinois Supreme Court · 1885
  4. Hoyt v. Pawtucket Institution for SavingsIllinois Supreme Court · 1884
  5. Boylston v. BainIllinois Supreme Court · 1878

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