Draper v. Castle Home Sales, Inc.

ORDER

ROY, District Judge.

Before the Court is the plaintiff’s “Response to Petition for Removal”. The de fendant C.I.T. has responded and the matter is now ripe for determination.

Plaintiff originally brought suit in state court, alleging that the contract and security agreement which was entered into between plaintiff and defendants for the purchase of a mobile home was usurious, in that the contract annual percentage rate of 16% exceeds the 12.5% limit in effect at the time of making of the contract, pursuant to Amendment 60 of the Arkansas Constitution.

The defendant C.I.T. filed a Petition…