Universal Loan Corp. v. Board of Review

— This cause, on the facts and the law, is controlled and determined by the decision in Welfare Loan Soc. v. City of Des Moines, 205 Iowa 1400. The only debatable question is whether or not loans made under the Iowa chattel loan statute, Chapter 419 (Sections 9410 to 9438, inclusive), Code of 1924, are investments coming into competition with the business of national banks: that is to say, whether loans made under 'the uniform small loans statute are “other moneyed capita1,” coming into competition with the business of national banks, as defined by Section 5219, Revised Statutes of the United…