Legal Opinion
United-Bilt Homes, Inc. v. Teague
Supreme Court of Arkansas
Decided September 16, 1968No. 5-4318PublishedCited by 13 opinions
1Opinion of the Court
George Rose Smith, Justice.
This is a usury case. On November 9, 1962, United-Bilt Homes, Inc., agreed to build and to finance a house for the plaintiffs, Teague and his wife. The basic cash price, after a $10 down payment, was $2,450, but that figure was not set forth m the building contract or in the note or in the mortgage, all executed on November 9. Instead, all three instruments simply recited the Teagues’ obligation to make 90 monthly payments of $43.07 each, or a total of $3,876.30.
On October 5, 1965, the Teagues, after having made several payments at irregular intervals, brought this…
2Cases cited7 opinions
- Winston v. Personal Finance Co. of Pine Bluff, Inc.Supreme Court of Arkansas · 1952
- Brooks v. BurgessSupreme Court of Arkansas · 1957
- Jones v. JonesSupreme Court of Arkansas · 1957
- Sosebee v. BoswellSupreme Court of Arkansas · 1967
- General Contract Corp. v. DukeSupreme Court of Arkansas · 1954
2 more not listed; retrieve them via the Exa API.
3Cited by13 opinions
- Brown v. Central Arkansas Production Credit Ass'nSupreme Court of Arkansas · 1974
- City of Cameron v. StaffordMissouri Court of Appeals · 1971
- Lockhart v. General Motors Acceptance Corp.Supreme Court of Arkansas · 1972
- Cooprider v. Security BankSupreme Court of Arkansas · 1994
- Commercial Bank & Trust Co. v. Dixie Sound & Communications, Inc.District Court, E.D. Arkansas · 1979
8 more not listed; retrieve them via the Exa API.