SUMNER v. INV. MORTGAGE CO. OF FLA.

No. X-434.

332 So.2d 103 (1976)

R. Ivan SUMNER and Marian Sumner, His Wife, Appellants (Plaintiffs), v. INVESTMENT MORTGAGE COMPANY OF FLORIDA, a Florida Corporation, Appellee (Defendant).

District Court of Appeal of Florida, First District.

Rehearing Denied June 11, 1976.


Attorney(s) appearing for the Case

Jerome M. Novey, of Novey & Blanton, Tallahassee, for appellants.

Lawrence Renfroe, Tallahassee, for appellee.


MILLS, Judge.

Plaintiffs appeal from an adverse final judgment entered by the trial court following a nonjury trial in a usury case.

Although plaintiffs raise several issues, the determinative issue is whether the trial court erred in finding that at the time of a loan to plaintiffs the defendant did not have a corrupt intent to knowingly and willfully charge and receive an unlawful rate of interest.

The defendant, Investment Mortgage Company of Florida...

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