Eastern Mortgage & Securities Co. v. Collins

CODY, Justice.

This is a usury suit. It arose out of a loan contract, consisting of a loan application and two notes secured by separate deeds of trust on the same real property in Groveton, Trinity County, Texas. The application was made by John R. Collins, sincé deceased, to the National Bond & Mortgage Corporation for a loan of $12,-000. The notes were executed by Collins and his wife, and were dated September 19, 1927, and made payable to the order of the National Bond & Mortgage Corporation, and, together with their respective securing deeds of trust, were on that date delivered to the…