King & Co. v. Cantrell

In June, 1905, Cantrell obtained .from King & Co. $45; and in September, 1905, obtained a like sum. In each case he executed his note, due 90 days after date, for $60; also an order on Lester Book & Stationery Company, directing it to pay King & Co. $5 on each Saturday night, out of his wages to be earned, until twelve such payments were made. The notes were paid in full, and Cantrell brought this suit to recover back, as usury, the difference between the lawful interest on the $90 and the amount received by King & Co. King & Co. practically admitted these facts,' but set up that they did not…