Concrete Construction Supply, Inc. v. M. F. C., Inc.

FISH, Justice.

In this usury case, suit was brought by Concrete Construction Supply, Inc., a supplier, to recover for materials sold on open account to M.F.C., Inc., a contractor. A short time later, M.F.C. instituted suit against Concrete to obtain usury penalties for interest charges on the same account. The two suits were consolidated for a non-jury trial. Judgment was rendered in favor of M.F.C. for $4,533.96 (three times the amount of usurious interest charged), plus attorney’s fees of $4000 for services in the trial court and additional amounts in the event of an appeal. The judgment…