Alston v. Goodwin

The present action was commenced in Los Angeles County June 8, 1949, for the recovery of $34,634.70, being treble the amount of interest and a usurious bonus paid by plaintiffs to H. T. Goodwin in repayment of a loan. March 8,1948, Goodwin loaned plaintiffs $40,000 and took as security a crop mortgage of Alston and wife and an assignment by M. A. Fleming, Josie Bell Fleming and James M. Fleming of a note of the Alstons in the amount of $50,000 secured by a trust deed upon real property in Riverside County. Thereafter and prior to September 11, 1948, plaintiffs paid to Goodwin $51,544.90 of…