Askew v. Murdock Acceptance Corporation

279 S.W.2d 557 (1955)

Jess ASKEW, Appellant,

v.

MURDOCK ACCEPTANCE CORPORATION, Appellee.

No. 5-666.

Supreme Court of Arkansas.

May 16, 1955.

Rehearing Denied June 20, 1955.

Tilghman E. Dixon, Little Rock, for appellant.

James M. McHaney and Owens, Ehrman & McHaney, Little Rock, for appellee.

ROBINSON, Justice.

Appellant, Jess Askew, filed a suit in the Pulaski Chancery Court against appellee, Murdock Acceptance Corporation, asking that a certain note and mortgage be canceU ed on the ground that a usurious rate of interest was charged. The property covered by the mortgage is an automobile.

While the…