Greever v. Persky

This is a. usury case. There is no dispute in the testimony of most of the material points in the case. The facts, as testified to by the defendant, B. B. Greever, are substantially as follows: In the year 1936 I. B. Persky was in financial difficul*66ties and needed money. He contacted Greever, who was not in the loan business, and offered to pay him a commission of three per cent per month for a period of ninety days if Greever would use his credit and procure for him a loan of $15,000.00. Greever, who did not have the money himself, but did have the collateral with which to borrow the same,…