Stewart v. Briggs

Defendant in error sued the plaintiff in error to recover the sum of $220 alleged to be double the amount of usurious interest which had been theretofore paid by him to the plaintiff in error. The evidence shows that in February, 1913, plaintiff in error held two notes for $250 each, executed by the defendant in error, payable on December 1, 1913, and 1914, respectively. These notes were to bear interest at the rate of 11 per cent, per annum. To better secure tbe interest payments, two other notes for $55 each were executed by the defendant in error and delivered to the plaintiff in error.…