A. B. Lewis Co. v. National Investment Corp. of Houston

TUNKS, Chief Justice.

This is a usury case. A. B. Lewis Co., Inc., plaintiff in the trial court and appellant here, alleged that certain payments made by it to National Investment Corporation of Houston, appellee, during the period from April, 1958, until May, 1960, were payments of usurious interest under the terms of Article 5073, V.A.T.S. Plaintiff sought recovery of double the amount paid as alleged usurious interest.

A. B. Lewis Co., Inc., is a Texas corporation. Its president is A. B. Lewis. In April, 1958, it was engaged in the used car business in Houston, Texas. At such time it desired…