Bunn v. Weyerhaeuser Co.

John I. Purtle, Justice.

Appellee brought suit for collection on an open account to which it had added a monthly “service charge” in the amount of 1.5%. The purchases were on terms of 2% discount if paid within 5 days or net if paid within 30 days. After 30 days the 1.5% monthly “service charge” was added. Some of the added charges were paid; then, appellant refused further payment. Appellant’s defense was that the account was usurious and therefore illegal.

Upon filing suit appellee dropped the service charges and sought only the principal. Appellee also argued that appellant had agreed to pay…