Legal Opinion
Williams v. Forman
Supreme Court of Georgia
Decided April 19, 1924No. 3857PublishedCited by 11 opinions
1Opinion of the CourtHill, J.
1. The court did not err in overruling the demurrer to the petition as amended.
2. “Where the lender of money neither takes nor contracts to take anything beyond lawful interest, the loan is not rendered usurious by what the borrower does in procuring the loan and using its proceeds. Thus that the borrower contracts with one engaged in the intermediary business of procuring loans, to pay him out of the loan for his services, and does so pay him, will hot infect the loan, the lender having no interest in such intermediary business or its proceeds. . . By using intermediaries as channels of…
2Cases cited8 opinions
- Merck v. American Freehold Land Mortgage Co. of London, Ltd.Supreme Court of Georgia · 1887
- Bellerby v. GoodwynSupreme Court of Georgia · 1900
- Beall v. BlakeSupreme Court of Georgia · 1854
- McCall v. HerrinSupreme Court of Georgia · 1903
- Stark v. CummingsSupreme Court of Georgia · 1906
3 more not listed; retrieve them via the Exa API.
3Cited by11 opinions
- Wardlaw v. WoodruffSupreme Court of Georgia · 1932
- Marietta Realty & Development Co. v. ReynoldsSupreme Court of Georgia · 1939
- Zugar v. ScarbroughSupreme Court of Georgia · 1938
- Planters Bank v. Georgia Loan & Trust Co.Supreme Court of Georgia · 1925
- Stith v. HudsonSupreme Court of Georgia · 1973
6 more not listed; retrieve them via the Exa API.