German Savings, Building & Loan Ass'n v. Leavens
Washington Supreme Court
Appeal from a judgment of the superior court for King county, Albertson, J., entered December 24, 1914, in favor of the plaintiff, in an action to foreclose a mortgage, tried to the court.
1Opinion of the CourtMorris, C. J.
Suit to foreclose a mortgage securing the payment of a note in the sum of $5,572. Two defenses were *79interposed; first, that the respondent falsely represented the interest on the loan to be at the rate of six and one-half per cent per annum; and second, that the note was usurious. The lower court sustained the first defense, awarding respondent judgment for $3,377, the sum loaned, plus interest at six and one-half per cent less payments made, but denied the plea of usury. The appeal is taken from the denial of the second defense.
The only question submitted to us is whether or not the contract…
2Cases cited5 opinions
- Cissna Loan Co. v. GawleyWashington Supreme Court · 1915
- Lay v. BoutonWashington Supreme Court · 1913
- Corker v. WardIdaho Supreme Court · 1906
- Ayars v. O'ConnorWashington Supreme Court · 1906
- Equitable Savings & Loan Ass'n v. BowesWashington Supreme Court · 1912
3Cited by14 opinions
- O'Brien v. Shearson Hayden Stone, Inc.Washington Supreme Court · 1978
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- Foreman v. NeedlesSupreme Court of Oklahoma · 1920
- Aetna Finance Co. v. DarwinCourt of Appeals of Washington · 1984
- Deming Inv. Co. v. GrigsbySupreme Court of Oklahoma · 1917
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