Legal Opinion
State v. J. C. Penney Co.
Wisconsin Supreme Court
Decided October 9, 1970No. 173PublishedCited by 48 opinions
1Opinion of the CourtWilkie, J.
Two issues are presented on this appeal: 1. Does respondent’s one and one-half percent monthly charge on the declining unpaid balance of its revolving charge account constitute forbearance of money, goods or things in action within the meaning of sec. 138.05 (1), Stats. ?
2. If respondent’s revolving charge account does violate sec. 138.05 (1), Stats., should an injunction be issued as requested by the state against the respondent?
I. The applicability of sec. 138.05 (1), Stats.
Sec. 138.05 (1), Stats., provides, in pertinent part, that no person shall:._. directly or indirectly, contract for,…
2Cases cited36 opinions
- In Re DebsSupreme Court of the United States · 1895
- Hare v. General Contract Purchase Corp.Supreme Court of Arkansas · 1952
- Laycock v. ParkerWisconsin Supreme Court · 1899
- National Amusement Co. v. Department of RevenueWisconsin Supreme Court · 1969
- Hogg v. RuffnerSupreme Court of the United States · 1861
31 more not listed; retrieve them via the Exa API.
3Cited by48 opinions
- Mildred Ives v. W. T. Grant CompanyCourt of Appeals for the Second Circuit · 1975
- Rathbun v. WT Grant CompanySupreme Court of Minnesota · 1974
- State Ex Rel. Turner v. Younker Brothers, Inc.Supreme Court of Iowa · 1973
- State Ex Rel. Meierhenry v. Spiegel, Inc.South Dakota Supreme Court · 1979
- Rollinger v. JC Penney CompanySouth Dakota Supreme Court · 1971
43 more not listed; retrieve them via the Exa API.