Burch v. First Guaranty State Bank of Quanah
Court of Appeals of Texas
Appeal from District Court, Hardeman County; J. A. Nabers, Judge. Suit by John C. Burch against the First Guaranty State Bank of Quanah and others. From the decree, plaintiff appeals.
1Opinion of the CourtHall, J.
This is a suit to recover the penalty for charging and collecting usury, as provided by the statutes of this state. Appellant sued J. A. Radford, J. A. Hughes, and the First Guaranty State Bank of Quanah, alleging in substance in the first count of his petition: That he made arrangements with appellee bank for a loan of $3,400, with which to purchase from Mrs. Myers 170 acres of land at $20 per acre. That he was to pay 10 per cent, per annum upon the money loaned, and in addition pay $500 as compensation to the said bank or to defendants Radford and Hughes, who were the president and cashier,…
2Cases cited4 opinions
- Roberts v. CoffinCourt of Appeals of Texas · 1899
- Cassidy v. Scottish-American Mortgage Co.Court of Appeals of Texas · 1901
- Braly v. ConnallyCourt of Appeals of Texas · 1915
- Thom v. First Nat. Bank of New BostonCourt of Appeals of Texas · 1916
3Cited by1 opinion
- Richards v. MoodyCourt of Appeals of Texas · 1967