Gershman Investment Corp. v. Danforth

HOLMAN, Judge.

In this declaratory judgment action plaintiff, for itself and others similarly situated, sought a judgment declaring that certain opinions of the defendant Attorney General which ruled that § 362.195 1 is unconstitutional are erroneous and further declaring that said statute “is constitutional in all respects.” The petition also prayed that defendant be enjoined from instituting quo warranto proceedings against plaintiff and other corporations making FHA loans at interest rates in excess of 8% per annum. The trial court did not grant the injunctive relief but adjudged that the…