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PARKER v. BRYCE

84 So.2d 323 (1955)

H.T. PARKER, Appellant, v. A.E. BRYCE, Appellee.

Supreme Court of Florida. Special Division A.

Rehearing Denied January 20, 1956.

Attorney(s) appearing for the Case

Ragland, Kurz, Layton & Maness, Jacksonville, for appellant.

Coffee & Coffee, Jacksonville, for appellee.

TERRELL, Justice.

Appellant instituted this suit against appellee to recover principal and interest on seven promissory notes aggregating $37,500. Each note was payable 90 days from date; three of them bore interest after maturity at the rate of 10% per annum and four of them bore interest after maturity at 8% per annum. Defendant answered the complaint interposing the defense of usury in that the interest exacted exceeded 25% per annum. Defendant also proffered a...

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