Lincoln National Life Insurance v. Anderson

Mr. Judge GERMAN

delivered the opinion of the Commission of Appeals.

A full and comprehensive statement of the facts in this case will be found in the opinion of the Court of Civil Appeals reported in 71 S. W. (2d) 555. As we have reached the conclusion there was no usury in either of the three loans involved, it will be unnecessary to discuss some of the questions presented.

The charge of usury is based upon acceleration clauses in various deeds of trust, and- there is no contention that in the transaction the interest actually provided for, in the absence of acceleration, would constitute…