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WHITE v. SEITZMAN

Docket No. 28285.

230 Cal.App.2d 756 (1964)

41 Cal. Rptr. 359

EARL L. WHITE et al., Plaintiffs, Cross-defendants and Appellants, v. ALBERT I. SEITZMAN et al., Defendants, Cross-complainants and Appellants.

Court of Appeals of California, Second District, Division Four.

November 18, 1964.

Attorney(s) appearing for the Case

Powers, Himrod & Pepys and Walter R. Powers for Plaintiffs, Cross-defendants and Appellants.

Sheldon R. Caplow for Defendants, Cross-complainants and Appellants.

KINGSLEY, J.

This case involves an appeal by plaintiffs to recover treble damages for interest under the Usury Law of California, Statutes 1919, page lxxxiii, Deerings General Laws, 1954, Act 3757. Two promissory notes were involved, each secured by deeds of real property. The court found that the transactions relating to these notes and trust deeds were in fact loans of money from defendants to plaintiffs, and not sales of trust deeds as contended by defendants....

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