Vermont Loan & Trust Co. v. Tetzlaff

Citations

• 6 Idaho 105
• 53 P. 104
• 1898 Ida. LEXIS 28

Syllabus

<p>Foreclosure of Hoétgaoe — Usury—Suit Prematurely Brought.— In an action brought to foreclose a mortgage, upon tbe ground that default had been made in the payment of coupon interest notes, which coupon interest notes are declared to be usurious and void (sea decisions of this court in Vermont Loan Trust Co. v. Hoffman, 49 Pac. 314), the principal noté not being due at the time of the commencement of the suit, held, that the action is prematurely brought.</p> <p>(Syllabus by the court.)</p>