Deutsch v. Department of Insurance

The Department of Insurance of the State prosecutes this appeal, conformably to -section 25 of the Small Loans Act, (Ill. Rev. Stat. 1945, chap. 74, par. 43,) from a decree of the circuit court of Rock Island county adverse to it and in favor of Sidney Deutsch and Sam Skafidas. This appeal presents for our consideration the construction of certain provisions of the statute.

Section 2 provides that an applicant seeking a license to engage in the business of making loans in the amount of $300 or less shall file an application in the form prescribed by the Department of Insurance, containing the…