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BRADDOCK v. FAMILY FINANCE CORPORATION

No. 10916.

506 P.2d 824 (1973)

95 Idaho 256

Gloria BRADDOCK et al., Plaintiffs-Respondents, v. FAMILY FINANCE CORPORATION, an Idaho corporation, Defendant-Appellant. FAMILY FINANCE CORPORATION, an Idaho corporation, Plaintiff-Appellant, v. Norman MILLER and Marilyn Miller, Husband and Wife, Defendants-Respondents.

Supreme Court of Idaho.

February 16, 1973.

Attorney(s) appearing for the Case

C.J. Hamilton, Herbert Nagel, Coeur d'Alene, for Family Finance Corp.

James W. Ingalls, Coeur d'Alene, for plaintiffs-respondents and defendants-respondents.

BAKES, Justice.

We are called upon today to determine the validity of notes and security instruments executed as a result of a chain referral sales scheme. This appeal consolidates a suit in which Family Finance brought action to enforce a promissory note and security agreement against a defaulting purchaser with another suit in which Gloria Braddock, and others, sought a declaratory judgment that similar instruments were void and unenforceable as part of an illegal...

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