Baker v. Mygatt

The complainant filed his bill in equity for the purpose of procuring the cancellation of a promissory note, given by him to the respondent, in 1857 for $2,375, and also a deed of trust, executed by the complain*132ant and his wife, to one Charles Powers, as trustees, to secure said note. The bill charges that the note and deed of trust were given for a loan of $2,055, made by Mygatt to Baker, by his agent, Charles Powers, at a usurious rate of interest. That after said loan was made, Powers continued to act as the agent of respondent, that before the commencement of this proceeding, the…