Hamilton v. Bill

Ruth S. Bill and husband instituted this suit against W. C. Hamilton and wife, Tina K. Hamilton, May 17, 1932, to recover on a $5,000 note executed by the latter to the Deming Investment Company and by that company assigned and indorsed without recourse to the said Ruth S. Bill. Plaintiffs sought foreclosure of vendor's and deeds of trust liens securing the same. The parties will be referred to as in the trial court.

The defendants answered, presented a cross-action against the plaintiffs, and made the Deming Investment Company a party. They alleged the note sued on was a usurious contract, as…