Legal Opinion

Dreyfus Co. v. Tim Wargo & Sons, Inc.

Supreme Court of Arkansas

Decided May 21, 1984No. 84-45PublishedCited by 2 opinions

1Opinion of the Court

John I. Purtle, Justice.

The trial court cancelled the appellant’s claim on account against the appellee because it was found the debt had been tainted by usury. For reversal appellant argues: 1) the court erred in holding that the erroneous claim for storage charges was an attempt to collect usurious interest; 2) it was error to hold that a worksheet reflected an intent to collect illegal interest; and 3) it was error to order appellant to redeliver soybeans which it no longer had in its possession. We hold that the debt is not tainted by usury.

The facts of this case reveal that Dreyfus…

2Cases cited5 opinions

  1. Bunn v. Weyerhaeuser Co.Supreme Court of Arkansas · 1980
  2. Redbarn Chemicals, Inc. v. BradshawSupreme Court of Arkansas · 1973
  3. Svestka v. FIRST NAT. BANK IN STUTTGARTSupreme Court of Arkansas · 1980
  4. Moore v. OwensSupreme Court of Arkansas · 1980
  5. First National Mortgage Co. v. Arkmo Lumber & Supply Co.Supreme Court of Arkansas · 1982

3Cited by2 opinions

  1. Burge v. PackSupreme Court of Arkansas · 1990
  2. In re BorumUnited States Bankruptcy Court, E.D. Arkansas · 1986

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