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YOUNG v. WILDER

77 So.2d 604 (1955)

Baynum A. YOUNG and Mary C. Young, husband and wife, Appellants, v. S.S. WILDER, Appellee.

Supreme Court of Florida. Division A.

January 25, 1955.

Attorney(s) appearing for the Case

Hendricks & Hendricks, Miami, for appellants.

Street & Greenfield, Miami Beach, for appellee.

TERRELL, Justice.

B.A. and Mary C. Young brought suit in equity against S.S. Wilder to cancel a promissory note and mortgage on the ground that appellee exacted, charged and collected usurious interest on the note contrary to F.S. § 687.03, F.S.A. The complaint alleges that on January 22, 1949 plaintiffs executed said note for $3,000, interest at 6 percent per annum, payable at the rate of $40 per month (principal and interest) beginning one month after date...

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