Riebe v. Budget Financial Corp.
California Court of Appeal
Joseph R. Laird for Plaintiffs, Cross-defendants and Appellants.
1Opinion of the CourtMoss, J.
Plaintiffs appeal from judgments on the pleadings rendered in favor of defendant and cross-complainant Budget Financial Corporation (“Budget”). In this opinion we consider whether a loan made by a personal property broker to a home builder is void as usurious because the security upon which the lender relied consists of notes secured by deeds of trust which represent a portion of the purchase price of homes sold by the borrower. The complaints allege: On August 1, 1963, Budget, a licensed personal property broker, made a loan to plaintiffs Moody-McCloud, et al., (“the borrowers”) of…
2Cases cited9 opinions
- Carter v. Seaboard Finance Co.California Supreme Court · 1949
- Ex Parte GoodrichCalifornia Supreme Court · 1911
- People ex rel. Farnum v. San Francisco Savings UnionCalifornia Supreme Court · 1887
- Wolf v. Pacific Southwest Discount Corp.California Supreme Court · 1937
- Eaker v. BryantCalifornia Court of Appeal · 1914
4 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- West Pico Furniture Co. v. Pacific Finance LoansCalifornia Supreme Court · 1970
- In the Matter of Bristol Associates, Inc., Debtor. Appeal of Girard Trust BankCourt of Appeals for the Third Circuit · 1974
- Black v. SullivanCalifornia Court of Appeal · 1975
- TRIPLE a MANAGEMENT CO. v. FrisoneCalifornia Court of Appeal · 1999
- Hutchins v. WatersCalifornia Court of Appeal · 1975
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