Christensen v. Plymouth Collateral Co.

The Plymouth Collateral Company, a corporation, sought to foreclose a chattel mortgage by notice and sale through the sheriff’s office of King county. H. C. Christensen and wife, the makers of the mortgage and the note that was secured thereby, filed a complaint in the superior court asking that the cause be transferred to the court and that the sheriff be restrained from further proceeding. This was done.

In the complaint, the makers of the note and mortgage pleaded usury, and soug’ht the cancellation of the mortgage and the return of the property covered thereby. The collateral company asked…