Legal Opinion
Sparkman & McLean Income Fund v. Wald
Court of Appeals of Washington
Decided March 18, 1974No. 2031-1PublishedCited by 5 opinions
1Opinion of the CourtFarris, J.
Sparkman & McLean Income Fund, assignee of two promissory notes which the Walds executed to Retirement Income Corporation, brought suit on the notes. The Walds counterclaimed alleging usury. Sparkman Fund appeals from judgment for the Walds on their counterclaim.
In July 1965, the Walds approached Sparkman & McLean Company (which the trial court found acted as agent of Retirement Income Corporation, the lender) to obtain a loan for the purpose of purchasing 2,800 acres of land near Christmas Valley, Oregon. On July 23, 1965, the Walds executed a promissory note in the amount of $100,000 to…
2Cases cited14 opinions
- Thorndike v. Hesperian Orchards, Inc.Washington Supreme Court · 1959
- Clausing v. Virginia Lee Homes, Inc.Washington Supreme Court · 1963
- L. J. Dowell, Inc. v. United Pacific Casualty InsuranceWashington Supreme Court · 1937
- Hamilton v. JohnsonWashington Supreme Court · 1925
- State ex rel. Owen v. Superior CourtWashington Supreme Court · 1920
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3Cited by5 opinions
- McGalliard v. Liberty Leasing Co. of Alaska, Inc.Alaska Supreme Court · 1975
- Aetna Finance Co. v. DarwinCourt of Appeals of Washington · 1984
- OneWest Bank, FSB v. EricksonCourt of Appeals of Washington · 2014
- Mohr, Inc. v. Bank of California, N. A.District Court, D. Oregon · 1978
- McGalliard v. Liberty Leasing Co. of Alaska, Inc.Alaska Supreme Court · 1975