Sumner v. Board of Pensions of the Presbyterian Church of the United States

BLAIR, Associate Justice.

Appellees, Board of Pensions of the Presbyterian Church of U. S. A., and H. C. Glenn, receiver of the Temple Trust Company, sued appellants, O. W. Sumner and wife, oh their $8,500 principal note and their $1,714.17 interest note, secured, respectively, by first and second deed of trust liens on 1,140 acres of land, and for interest, attorney’s fees, and foreclosure of the liens. Appellants pleaded that the loan contract was usurious from its inception. The trial court' construed the loan contract not to he usurious, and accordingly rendered judgment for appellees as…