Legal Opinion

State Ex Rel. Turner v. Younker Brothers, Inc.

Supreme Court of Iowa

Decided September 19, 1973No. 55622PublishedCited by 45 opinions

1Opinion of the Court

MASON, Justice.

The ultimate question presented by this appeal is whether credit sales between Younker Brothers, Inc. (Younkers), defendant in this action, and its customers result in usury prohibited by Towa statutes.

Since 1965 Younkers, a retail department store doing business throughout Iowa with its principal place of business in Des Moines, has extended to persons who purchase its merchandise consumer credit through the use of a typical revolving (option) charge plan that operates as follows: the customer and Younkers enter into an agreement which permits the customer to make further…

2Cases cited41 opinions

  1. Hare v. General Contract Purchase Corp.Supreme Court of Arkansas · 1952
  2. Davenport Water Co. v. Iowa State Commerce CommissionSupreme Court of Iowa · 1971
  3. Janson v. FultonSupreme Court of Iowa · 1968
  4. Condit v. . BaldwinNew York Court of Appeals · 1860
  5. Hogg v. RuffnerSupreme Court of the United States · 1861

36 more not listed; retrieve them via the Exa API.

3Cited by45 opinions

  1. Rathbun v. WT Grant CompanySupreme Court of Minnesota · 1974
  2. Turner v. Aldens, Inc.New Jersey Superior Court Appellate Division · 1981
  3. Nichols v. City of EvansdaleSupreme Court of Iowa · 2004
  4. Motor Club of Iowa v. Department of TransportationSupreme Court of Iowa · 1977
  5. Kragnes v. City of Des MoinesSupreme Court of Iowa · 2006

40 more not listed; retrieve them via the Exa API.

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