MERIDIAN BOWLING LANES, INC. v. BROWN

No. 9604.

412 P.2d 586 (1966)

MERIDIAN BOWLING LANES, INC., a corporation, Plaintiff-Appellant, v. T. C. BROWN and Evelyn Luis, Administratrix of the Estate of James Luis, Deceased, Defendants-Respondents.

Supreme Court of Idaho.

March 28, 1966.


Attorney(s) appearing for the Case

Clemons, Skiles & Green, Boise, for appellant.

Hawley, Troxell, Ennis & Hawley, Boise, for respondents.


SPEAR, Justice.

This action was instituted by appellant for a determination that a land sale contract (a contract of sale and purchase of improved real estate) was in fact a security transaction, and for the recovery of alleged usurious interest plus the statutory penalty. The matter was tried before the lower tribunal, sitting without a jury, and judgment was entered for the respondents, and the complaint dismissed with prejudice. Such judgment is here appealed....

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