Personal Finance Co. v. Baker

This action was instituted by plaintiff in error, licensee under the so-called small loan act (Session Laws 1935, chapter 157), seeking to enforce payment of one of its notes given by defendant in error. Defense was that the note, upon which the complaint was based, called for more than was collectible under the law,, and hence was unenforceable, The trial court sustained the defense and dismissed the action. A review of its findings and judgment is sought by writ of error.

A member of the attorney general’s staff, because of the interest of the state bank commissioner, administrator of the…