Court of Appeals for the Fifth Circuit January 10, 1935, No. 7375 (West v. Ogden)

HUTCHESON, Circuit Judge.

The action was debt and foreclosure on a deed of trust note, dated April 30, 1921, and due January 1, 1931, given by Claude West to the B'idelity Savings Trust Company, and by that company indorsed to appellee. The defense, usury, in the clauses for accelerated maturity, and because $42.50, more than 10 per cent, interest, was charged in the first year, failed.