Fishburne v. Hartsfield Loan & Savings Co.

(After stating the foregoing facts.) The act of 1920, supra, provides as follows: “Every person, copartnership, and corporation licensed hereunder may loan any sum of money not exceeding in amount the sum of three hundred dollars ($300) and may charge, contract for, and receive thereon interest at á rate not to exceed three and one-half (3%%) per centum per month. Interest shall not be payable in advance or compounded and shall be computed on unpaid balances. In addition to the interest herein provided for, no further or other charge, or amount whatsoever for any examination, service,…