First Nat. Bank of Wellston v. Sensebaugh
Supreme Court of Oklahoma
Error from County Court, Lincoln County; H. M. Jarrett, Judge. Action by J. M. Sensebaugh against the First National Bank of Wellston. Judgment for plaintiff, and defendant brings error.
1Opinion of the CourtSharp, J.
Plaintiff’s action was to recover the statutory penalty for usury alleged to have been collected from him by defendant, on a promissory note in the sum of $233.75, dated December 15, 1911, and due October 15, 1912. J. M. Rhodes, named as the payee in the note, indorsed the note to the defendant subsequent to its execution. It seems, however, that the loan was made to plaintiff by defendant, and that Rhodes was only nominal payee. In consideration of the execution of said note, plaintiff received $198, and the difference between this sum and the face of the note leaves the amount of interest…
2Cases cited7 opinions
- Western Bank & Trust Co. v. OgdenCourt of Appeals of Texas · 1906
- First Nat. Bank of Mill Creek v. LangstonSupreme Court of Oklahoma · 1912
- Anderson v. TatroSupreme Court of Oklahoma · 1914
- Webb v. Galveston & Houston Investment Co.Court of Appeals of Texas · 1903
- Pauls Valley Nat. Bank v. MitchellSupreme Court of Oklahoma · 1916
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3Cited by2 opinions
- Ruby v. WarriorSupreme Court of Oklahoma · 1918
- Liebelt v. CarneyCalifornia Supreme Court · 1931