Schmitt v. Matthews
Court of Appeals of Washington
1Opinion of the CourtSwanson, C.J.
The underlying question presented by this appeal is whether, as a matter of law, the purchase and sale of conditional sale contracts necessarily involves a loan of money such that the transaction is subject to the State usury laws, RCW 19.52.
The undisputed findings of fact by the trial court indicate that appellants John J. Matthews and wife, doing business as Seal-O-Matic Co. (“Matthews”), were engaged in the sale of kitchenware primarily through the use of conditional sale contracts. During the course of his years of operation in this business, Matthews has sold such conditional sale…
2Cases cited16 opinions
- McCutcheon v. BrownfieldCourt of Appeals of Washington · 1970
- Hafer v. SpaethWashington Supreme Court · 1945
- Corinthian Corp. v. White & Bollard, Inc.Washington Supreme Court · 1968
- Commercial Credit Corp. v. WollgastCourt of Appeals of Washington · 1974
- National Bank of Commerce v. ThomsenWashington Supreme Court · 1972
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3Cited by25 opinions
- Nevers v. Fireside, Inc.Washington Supreme Court · 1997
- Nevers v. Fireside, Inc.Washington Supreme Court · 1997
- Levea v. G. A. Gray Corp.Court of Appeals of Washington · 1977
- Lian v. StalickCourt of Appeals of Washington · 2001
- State v. AshbaughWashington Supreme Court · 1978
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