[DOWNLOAD] "Thomas V. Hunt Manufacturing Corp." by Supreme Court Of California * eBook PDF Kindle ePub Free
eBook details
- Title: Thomas V. Hunt Manufacturing Corp.
- Author : Supreme Court Of California
- Release Date : January 27, 1954
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 62 KB
Description
Plaintiff brought suit to recover an alleged unpaid balance ($3,894.51 principal plus interest and attorneys' fees) on a promissory note (original principal $15,000) and a written contract for the payment of money, and to foreclose a mortgage and a chattel mortgage securing the obligations, all documents, together with a $5,000 note hereinafter mentioned, forming parts of the same transaction. Defendants, who had paid approximately four-fifths of the principal sums, together with accruing interest, by way of answer and counterclaim allege in detail the terms of the notes and the contract, set out the amounts paid by them and the dates of the several payments, and aver that of the amounts they had paid, the sum of $1,119.48 was usurious interest.*fn1 The trial court found in favor of defendants and entered judgment crediting them with $3,358.44 (treble the amount of the usurious payments) on the balance unpaid on the principal of the obligations sued on.
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