Legal Opinion

Bridgeman v. Gateway Ford Truck Sales

District Court, E.D. Arkansas

Decided March 18, 1970No. LR-68-C-242PublishedCited by 3 opinions

1Opinion of the Court

*696SUPPLEMENTAL MEMORANDUM OPINION

HENLEY, Chief Judge.

On February 19, 1969, this Court filed a memorandum opinion in subject case holding that the two contracts for the sale of motor trucks on credit involved in the case were usurious under the laws of both Arkansas and Texas. Judgment was entered for the amount of the unpaid principal due on plaintiff’s indebtedness to the defendants, but no interest was allowed. In so holding the Court relied on the general usury provisions of Vernon’s Annotated Statutes of Texas, Art. 5071. Bridgeman v. Gateway Ford Truck Sales, E.D.Ark., 296 F.Supp. 233.

The…

2Cases cited4 opinions

  1. Rattan v. Commercial Credit Co.Court of Appeals of Texas · 1939
  2. Lamb v. Ed Maher, Inc.Court of Appeals of Texas · 1963
  3. Bridgeman v. Gateway Ford Truck SalesDistrict Court, E.D. Arkansas · 1969
  4. Lusk v. General Motors Acceptance CorporationCourt of Appeals of Texas · 1965

3Cited by3 opinions

  1. Meeks v. Red River Entertainment of Shreveport (In Re Armstrong)United States Bankruptcy Court, E.D. Arkansas · 1999
  2. Jones v. First Fidelity Acceptance, Corp. (In Re Jones)United States Bankruptcy Court, E.D. Arkansas · 1999
  3. Brock v. First Fidelity Acceptance Corp. (In Re Brock)United States Bankruptcy Court, E.D. Arkansas · 1997

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