GANGADEAN v. FLORI INVESTMENT COMPANY

No. 1 CA-CIV 1072.

11 Ariz. App. 512 (1970)

466 P.2d 63

Deonarine W. GANGADEAN and Vishnudevi Gangadean, his wife, Appellants, v. FLORI INVESTMENT COMPANY, an Arizona corporation, Appellee.

Court of Appeals of Arizona, Division 1, Department B.

Rehearing Denied April 14, 1970.

Review Granted May 19, 1970.


Attorney(s) appearing for the Case

Hash, Cantor & Tomanek, by John M. Tomanek, Phoenix, for appellants.

Laney, Warner & Angle, by Jerry L. Angle, Charles R. Hallam, Phoenix, for appellee.


JACOBSON, Judge.

In this appeal from the Superior Court of Maricopa County, defendants in a foreclosure action seek to establish that a loan made to a corporation was in fact made to them as individuals and is therefore usurious.

Plaintiff-appellee, Flori Investment Company brought suit against defendants-appellants, Deonarine W. Gangadean and Vishnudevi Gangadean, his wife, and Dewan's Beauty Products Co., Inc., an Arizona corporation, to collect sums due...

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