Richardson v. Cortner

The decisive question in this case is whether the transaction involved is tainted with usury.

Finance and Collection Service, Inc., whose stock, except for a few shares, is owned by George V. Cortner, *888operates under two trade names, one of which, is Southern Loan Service. Southern Loan Service “arranges” small loans. According to the testimony of George Y. Cortner, who, in his capacity as trustee, is the appellee, and the manager of Southern Loan Service, the loan to appellant, Clara Richardson, is fairly typical of the manner in which other loans are made through the facilities of Southern…