Hartzo v. Wilson

Defense to suits in replevin was that loans were at usurious interest. From a plaintiff’s verdict, holding that obligation attached in part, the defendant has appealed.

The issue is whether written contracts for storage became parts of original loans; and, if so, were they covers for interest in excess of that permitted by law?

Appellee, a resident of Hot Springs, does business as Porter Wilson Finance Company. In November, 1940, he accepted O. D. Hartzo’s note for $98. A companion note was for $29.75.

February 24, 1941,- appellant borrowed $280, payable $40 per month, with interest at six…