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HOCKLEY COUNTY SEED & DELINT. v. SOUTHWESTERN INV. CO.

No. 8188.

476 S.W.2d 38 (1971)

HOCKLEY COUNTY SEED & DELINTING, INC., et al., Appellants, v. SOUTHWESTERN INVESTMENT COMPANY, Appellee.

Court of Civil Appeals of Texas, Amarillo.

Rehearing Denied January 31, 1972.

Attorney(s) appearing for the Case

James A. Walters, Lubbock, for appellants.

Clayton & Clayton, Cleo G. Clayton, Jr., Amarillo, for appellee.

ELLIS, Chief Justice.

This is a usury case arising out of a promissory note executed by Hockley County Seed & Delinting, Inc., and certain named persons, individually, appellants herein, to Southwestern Investment Company (S.I.C.), appellee, on November 1, 1965. Appellee instituted suit against appellants for the alleged unpaid principal and interest due on the note. Appellants alleged defensively that the note sued upon was usurious and by counterclaim, sought...

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