Title: HAYDEN v. RANDLES
Citation: 183 Okla. 8, 1938 OK 193, 80 P.2d 235
Docket Number: 
State: Oklahoma
Issuer: Oklahoma Supreme Court
Date: March 22, 1938

HAYDEN v. RANDLES Annotate this Case HAYDEN v. RANDLES 1938 OK 193 80 P.2d 235 183 Okla. 8 Case Number: 27750 Decided: 03/22/1938 Supreme Court of Oklahoma HAYDEN et al. v. RANDLES Syllabus ¶0 1. APPEAL AND ERROR--Conclusiveness of Trial Court's Finding on Question of Usury. Where the finding of the trial court on the question of usury is supported by the evidence, its judgment that usury has been taken and received by the holders of a note will not be disturbed. 2. USURY--Usury in Collection of 10 per Cent. Interest on Full Face of Note Where Partial Payments Made. It is usury to collect 10 per cent. interest on the full face of a Dote from its date to date of payment, where a substantial amount has been paid on the note in its inception, or other payments have been made thereon, since such partial payments, if treated as paid on the principal, necessarily reduce the principal upon which interest may be collected, and if treated as interest are just that much added to the amount of the full 10 per cent. interest collected. 3. EXECUTORS AND ADMINISTRATORS--Right to Sue Executors to Recover Usurious Interest Paid to Them on Transaction Begun in Lifetime of Deceased. The executors of the will of a deceased person may be sued as such to recover usurious interest actually paid to them on a transaction begun in the lifetime of the deceased, for in such case they are the persons taking and receiving such interest, and the cause of action for double the interest paid does not arise until payment is made. 4. BILLS AND