Kegans v. W.H. Nabours

MARTIN, Justice.

Appellee, under proper pleadings, obtained a judgment against appellants for his debt and foreclosure of his deed of trust lien upon certain real estate.

The defense was usury. The loan was originally made by the Braniff Investment Company, and the terms of the original contract between the parties are identical with those discussed and construed by this court as nonusurious in Shive et ux. v. Braniff Investment Company (Tex. Civ. App.) 68 S.W.(2d) 564. Later an opposite conclusion was reached in Braniff Investment Co. v. Robertson, 74 S.W.(2d) 425, by the Eastland Court of…