Legal Opinion
Cochran v. American Savings & Loan Ass'n of Houston
Court of Appeals of Texas
Decided June 8, 1978No. 5842PublishedCited by 5 opinions
1Opinion of the Court
OPINION
McDONALD, Chief Justice.
This is a usury case. Plaintiff (appellant) Cochran sued defendant (appellee) American Savings and Loan Association seeking to recover statutory penalties provided in Article 5069-1.06 VATS, alleging American contracted for, charged and received interest in excess of the maximum allowed by law (10%) on a $330,000. real estate loan. Defendant (appellee) American denied allegations of usury and counterclaimed for deficiency judgment on the note.
Plaintiff owned 2.49 acres in Harris County at the northwest corner of West Bellfort Avenue and Southwest Freeway, on…
2Cases cited7 opinions
- C. & R. TRANSPORT, INC. v. CampbellTexas Supreme Court · 1966
- Morrow v. ShotwellTexas Supreme Court · 1972
- Scott v. LiebmanTexas Supreme Court · 1966
- Strauss v. LaMarkTexas Supreme Court · 1963
- Windhorst v. Adcock Pipe and SupplyTexas Supreme Court · 1977
2 more not listed; retrieve them via the Exa API.
3Cited by5 opinions
- Cochran v. American Savings & Loan Ass'n of HoustonTexas Supreme Court · 1979
- Prather v. Citizens National Bank of DallasCourt of Appeals of Texas · 1979
- Gold v. Alamo Lumber Co.Court of Appeals of Texas · 1981
- THC Financial Corp. v. Managed Investment Corp.Hawaii Supreme Court · 1982
- Airport Automotive Plaza Company v. Featherlite Precast Corporation, Texas Court of Appeals, 3rd District (Austin)1992