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ALSTON v. GOODWIN

Docket No. 23484.

174 Cal.App.2d 16 (1959)

343 P.2d 993

ELWOOD ALSTON et al., Plaintiffs; ERNEST R. UTLEY, as Trustee in Bankruptcy, etc., Appellant, v. H.T. GOODWIN, Respondent.

Court of Appeals of California, Second District, Division Three.

September 24, 1959.

Attorney(s) appearing for the Case

Harry M. Irwin for Appellant.

Stephens & Tremaine and Albert Lee Stephens, Jr., for Respondent.

SHINN, P.J.

The present action was commenced in Los Angeles County June 8, 1949, for the recovery of $34,634.70, being treble the amount of interest and a usurious bonus paid by plaintiffs to H.T. Goodwin in repayment of a loan. March 8, 1948, Goodwin loaned plaintiffs $40,000 and took as security a crop mortgage of Alston and wife and an assignment by M.A. Fleming, Josie Bell Fleming and James M. Fleming of a note of the Alstons in the amount of $50,000 secured by...

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