HI FASHION WIGS PROFIT SHARING TRUST v. HAMILTON INV. TRUST

No. 5254.

579 S.W.2d 300 (1979)

HI FASHION WIGS PROFIT SHARING TRUST and Hi Fashion Wigs Retirement Plan, Appellant, v. HAMILTON INVESTMENT TRUST, Appellee.

Court of Civil Appeals of Texas, Eastland.

March 1, 1979.


Attorney(s) appearing for the Case

Lawrence Fischman and J. Kathryn Lindauer, Weil, Craig & Fischman, Dallas, for appellant.

Louis B. Paine, Jr., and C. Andrew Wooley, Butler, Binion, Rice, Cook & Knapp, Houston, Wynne & Jaffe, Dallas, for appellee.


RALEIGH BROWN, Justice.

This is a usury suit. Hi Fashion Wigs Profit Sharing Trust, an Oklahoma employee benefit trust, and Hi Fashion Wigs Pension Retirement Plan, another Oklahoma employee benefit trust, seek to recover allegedly usurious interest paid to Hamilton Investment Trust, a Massachusetts real estate investment trust, and`to recover the statutory penalties imposed for contracting for, charging and receiving usurious...

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