SILVER v. INTERNATIONAL PAPER CO.

Docket No. 10198.

35 Mich. App. 469 (1971)

192 N.W.2d 535

SILVER v. INTERNATIONAL PAPER CO.

Michigan Court of Appeals.

Decided August 23, 1971.


Attorney(s) appearing for the Case

Reibel & Higgins, for plaintiffs.

Fraser, Trebilcock, Davis & Foster, for defendants.

Before: QUINN, P.J., and R.B. BURNS and McGREGOR, JJ.


Leave to appeal denied, 386 Mich. 764.

R.B. BURNS, J.

This case was submitted to the trial judge on the basis of stipulated facts pursuant to GCR 1963, 111.10.

The plaintiffs purchased real estate from the defendants on land contract. Plaintiffs alleged that the interest charges on the land purchases were usurious and thus uncollectible. Plaintiffs further claimed that defendants attempted to disguise the interest charges by labeling them "time price...

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