Southern Loan & Investment Co. v. State

The defendant company was tried on four separate indictments charging it with the offense of usury. By consent the four cases were tried together and the defendant was found guilty in each case. In each case a motion for new trial was denied and that judgment was assigned as error in each bill of exceptions. One indictment charged that the defendant did unlawfully '“reserve, charge and take from a loan and advance of money and forbearance to enforce the collection of a sum of money, to wit, the sum of twenty-five dollars, a rate of interest greater than five per cent, per month by way of…