Hartsfield Co. v. Demos

The Court of Appeals certified the following ques*44tion to this court: “Where a person, after having complied with the provisions of the act o£ August 17, 1920, enacted for the purpose of regulating the business of making loans in sums of $300 or less, and for other purposes (Ga. L. 1920, p. 215), and after obtaining a license to carry on the business of making loans according to the terms of such act, including the right to charge interest at a rate not to exceed 3-1/2 per cent, per month, made a loan of $225, payable in installments of $2.25 per week, with interest from the date of the…