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HYNES v. RAVETTI

No. 42061.

80 Wn.2d 690 (1972)

497 P.2d 581

EDWARD M. HYNES et al., Appellants, v. ARMAND J. RAVETTI et al., Respondents and Cross-appellants.

The Supreme Court of Washington, En Banc.

June 1, 1972.

NEILL, J.

Plaintiffs bring this declaratory judgment action under RCW 19.52.032 to ascertain whether a promissory note on which they are makers is usurious. Defendants are holders of the note and securing mortgage, having acquired the documents from Liberty Mortgage, Inc. For convenience we will refer to the parties in the singular.

[1] Liberty Mortgage, Inc., is engaged in second mortgage financing in the Seattle area. In the fall of 1968 it...

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