Brown v. Rockey

Cox, Judge:

This litigation between co-defendants in the chancery cause of J. F. Brown, trustee, against Mrs. Lena L. Rockey and others, determined by the circuit court of Kanawha county, raises the question whether or not the contract whereby Mrs. Rockey was advanced or loaned the sum of $1100.00 on stock subscribed by her in the National Mutual Building and Loan Association of New York, is usurious.

In April or May, 1893, Mrs. Rockey subscribed for 11 shares of stock in said association, of the ultimate par value of $100.00 each. Afterwards, she obtained from the association an advancement or…