Legal Opinion
Alamo Lumber Co. v. Gold
Texas Supreme Court
Decided November 2, 1983No. C-883PublishedCited by 40 opinions
1Opinion of the Court
POPE, Chief Justice.
The question presented is whether Alamo Lumber Company charged usury to Mrs. *927Addie Gold when Alamo purchased Gold’s delinquent note for $75,000 plus interest and extended it, upon condition that Gold sign another note to Alamo for the payment of Stetson G. Reed’s open account with Alamo. Gold sued Alamo for usury and Alamo counterclaimed for judgment against Gold on a note for $82,925.34 (Note 1). Note 1 was the total of the original Gold note for $75,000 together with interest that had accrued up to the time Alamo bought it. Alamo also counterclaimed on a separate note…
2Cases cited11 opinions
- Cochran v. American Savings & Loan Ass'n of HoustonTexas Supreme Court · 1979
- Janes v. FeltonWest Virginia Supreme Court · 1925
- Stephens v. First Bank and Trust of RichardsonCourt of Appeals of Texas · 1976
- Canal-Commercial Trust & Savings Bank v. BrewerMississippi Supreme Court · 1926
- Ferdon v. Zarriello Bros. Inc.New Jersey Superior Court Appellate Division · 1965
6 more not listed; retrieve them via the Exa API.
3Cited by40 opinions
- Victoria Bank & Trust Co. v. BradyTexas Supreme Court · 1991
- Bankr. L. Rep. P 71,239 in Re G. Dwayne Casbeer, Debtor. G. Dwayne Casbeer v. State Federal Savings & Loan Association of LubbockCourt of Appeals for the Fifth Circuit · 1986
- Victoria Bank & Trust Co. v. Brady, Texas Court of Appeals, 13th District1989
- Bank of El Paso v. T.O. Stanley Boot Co., Texas Court of Appeals, 8th District (El Paso)1991
- Armando Fong Najarro and Compania Financiera Libano, S.A. v. Sasi International, Ltd., and Suzanne FrameCourt of Appeals for the Fifth Circuit · 1990
35 more not listed; retrieve them via the Exa API.