KAY v. AMENDOLA

No. 1667.

129 So.2d 170 (1961)

William H. KAY and W & E Kay Realty Company, an Ohio Corporation, Appellants, v. Thomas M. AMENDOLA, Appellee.

District Court of Appeal of Florida. Second District.

Rehearing Denied May 12, 1961.


Attorney(s) appearing for the Case

Hall, Hartwell & Douglass, Tallahassee, for appellants.

J.B. Patterson, Fort Lauderdale, for appellee.


GERALD, LYNN, Associate Judge.

Plaintiff-appellee filed a bill in equity in the Circuit Court of Broward County charging defendants-appellants with the exaction of criminally usurious interest in connection with a certain loan cloaked in the guise of a real estate option contract.

The Answer denied the charge, and as a result of a trial, a decree was entered in favor of plaintiff ordering the forfeiture of the entire principal and interest paid. The case is...

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