Pierce v. Brand Properties, Inc.

The appeal brings for review a final decree of foreclosure of a mortgage by the assignee of the mortgage and endorse© of the note which it was given to secure. The defense was that the loan for which the note and mortgage were given was a usurious transaction- and that the complainant became assignee and endorsee, after maturity, from an assignee and endorsee who was a party to acts which infected the transaction with the infirmity of usury.

No useful purpose can be served by setting forth the his- , tory of the transaction.

The questions presented resolve themselves into the one question,…