Tacoma Commercial Bank v. Elmore

Plaintiff, Tacoma Commercial Bank, appeals from a judgment in its favor and against defendants, Mr. and Mrs. Ernest J. Elmore, in the amount of $19,580.31. On appeal, plaintiff contends the trial court erred (1) by permitting the defendants to raise the defense of usury by a trial amendment, and (2) by concluding that the promissory note upon which plaintiff's action was founded was usurious. We find no error and affirm the judgment.

There is no dispute as to the essential facts. On May 22, 1974, for valuable consideration, defendants executed a renewal promissory note in the principal amount…