Fisher v. Sears, Roebuck & Company
South Dakota Supreme Court
1Opinion of the Court
WINANS, Justice,
This action was precipitated by our holding in Rollinger v. J. C. Penney Co., 86 S. D. 154, 192 N.W.2d 699, wherein service charges of 1 Vz % per month, on revolving charge accounts, were held to violate our usury law. SDCL 54-3-7 to 12. The appellants are challenging summary judgments granted against them, by the trial court which acted in reliance on Rollinger, which held that retroactive effect would not be given to the Rollinger decision. Not desiring to modify Rollinger in any manner, we hereby affirm.
The substance of the revolving charge account agreements involved in…
2Cases cited32 opinions
- Linkletter v. WalkerSupreme Court of the United States · 1965
- Chevron Oil Co. v. HusonSupreme Court of the United States · 1971
- Hanover Shoe, Inc. v. United Shoe MacHinery Corp.Supreme Court of the United States · 1968
- Allen v. State Board of ElectionsSupreme Court of the United States · 1968
- Great Northern Railway Co. v. Sunburst Oil & Refining Co.Supreme Court of the United States · 1932
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3Cited by21 opinions
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- Hohm v. City of Rapid CitySouth Dakota Supreme Court · 2008
- Larsen v. Sioux Falls School District 49-5South Dakota Supreme Court · 1993
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