Norristown-Penn Trust Co. v. Cole
Court of Appeals for the Fifth Circuit
1Opinion of the Court
HUTCHESON, Circuit Judge.
One of that multitude of suits, claiming usury in acceleration provisions, which have been filed in Texas courts since Shropshire’s and Giddens’ Cases, Shropshire v. Commerce Farm Credit Co., 120 Tex. 400, 30 S.W.(2d) 282, 39 S.W.(2d) 11, 84 A.L.R. 1269, and Deming Inv. Co. v. Giddens, 120 Tex. 9, 30 S.W.(2d) 287, were decided, this suit was to cancel notes and deeds of trust appellees had given in 1929 in renewal of loan papers'given in 1919 on a $34,000 loan.
The claim of appellees was that all of the second lien notes were for additional interest, that the…
2Cases cited37 opinions
- Atlantic Coast Line Railroad v. FloridaSupreme Court of the United States · 1935
- Shropshire v. Commerce Farm Credit Co.Texas Supreme Court · 1930
- Shropshire v. Commerce Farm Credit Co.Texas Supreme Court · 1931
- Dugan v. LewisTexas Supreme Court · 1891
- Concordia Ins. Co. of Milwaukee v. School Dist. No. 98 of Payne Cty.Supreme Court of the United States · 1931
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3Cited by2 opinions
- Cole v. Franklin Life Ins.Court of Appeals for the Fifth Circuit · 1939
- Smith v. Western & Southern Life Ins. Co.Court of Appeals for the Fifth Circuit · 1937