Eubanks v. Simpson

MARTIN, Justice.

The parties will carry here their trial court designation.

Plaintiffs sued defendants, alleging the hereafter described loan contract was usurious, sought to have all interest payments made thereon credited on the principal, and to cancel the trust deed given as security therefor, and to remove cloud from title.

Trial was to the court. Judgment for defendants.

On August 26, 1926, plaintiffs executed their note, secured by a trust deed, for the sum of $1,500, payable in 120 monthly installments of $18.75 each, to Braniff Investment Company. This note, except as to date, amount,…