Shaver v. Aetna Finance Co.

Banke, Judge.

The appellants brought suit against the appellee alleging that the latter had violated the Industrial Loan Act (Code Ann. Ch. 25-3) in connection with a loan to them. The relief sought is not entirely clear, but it is apparently to have the original loan note declared null and void.

The only illegality alleged on appeal in connection *741with the transaction, is a violation of Rule 120-1-7-.02 of the Rules of the Comptroller General, which govern the operations of Industrial Loan Act lenders. Subsection (6) of that Rule requires that the "original papers” executed in connection with…