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SOSEBEE v. BOSWELL

No. 5-4142.

414 S.W.2d 380 (1967)

242 Ark. 396

A. L. SOSEBEE et al., Appellants, v. Raymond T. BOSWELL, Trustee for Blaylock Investment Corporation, Appellees.

Supreme Court of Arkansas.

Rehearing Denied May 29, 1967.

Attorney(s) appearing for the Case

Young & Rosteck, by O. M. Young, and Smith, Williams, Friday & Bowen, by George Pike Jr., Little Rock, for appellants.

Griffin Smith, Little Rock, for appellees.

GEORGE ROSE SMITH, Justice.

This is a foreclosure suit brought by the appellee Blaylock Investment Company to enforce a deed of trust securing a loan made by Blaylock to the three appellants, Dr. and Mrs. Sosebee and Valley View Developers, Inc. The chancellor rejected the borrowers' plea of usury and entered a decree of foreclosure. Inasmuch as we find that the testimony of Blaylock's own witnesses establishes a clear-cut case of usury we need discuss only that issue...

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