Legal Opinion
Peoples Loan and Investment Company v. Booth
Supreme Court of Arkansas
Decided September 16, 1968No. 5-4526PublishedCited by 22 opinions
1Opinion of the Court
Paul Ward, Justice.
This appeal raises the issue of usury in two separate notes. To aid in an understanding as to how the issues arose we set out below a brief statement of the facts.
On August 21, 1963 the Peoples Loan and Investment Company (appellant here) loaned B. B. Booth and his wife (two of the appellees here) the sum of $5,500 (to pay certain debts) and also the sum of $40,000 for the construction of chicken houses on land belonging to them. These two advancements are represented in one note (hereafter referred to as Note #1) a copy of which is found at page 337 of the record — marked…
2Cases cited8 opinions
- Commercial Credit Plan, Inc. v. ChandlerSupreme Court of Arkansas · 1951
- Cox v. Darragh CompanySupreme Court of Arkansas · 1957
- Brooks v. BurgessSupreme Court of Arkansas · 1957
- Brittian, Administrator v. McKimSupreme Court of Arkansas · 1942
- Baxter v. JacksonSupreme Court of Arkansas · 1937
3 more not listed; retrieve them via the Exa API.
3Cited by22 opinions
- McCoy Farms, Inc. v. J & M McKEESupreme Court of Arkansas · 1978
- Hayes v. First National Bank of MemphisSupreme Court of Arkansas · 1974
- Winkle v. Grand National BankSupreme Court of Arkansas · 1980
- Ragge v. BryanSupreme Court of Arkansas · 1970
- Brown v. Central Arkansas Production Credit Ass'nSupreme Court of Arkansas · 1974
17 more not listed; retrieve them via the Exa API.