Compton v. Collins
Supreme Court of Alabama
Appeal from Marengo Chancery Court. Heard before Hon. Thomas H. Smith. Bill by C. W. Collins and another against J. P. Compton, and the partners composing the firm of Mayer Brothers, to restrain the sale of certain land, and for a discovery and an accounting, to relieve the indebtedness of usury, and to redeem from a mortgage. Decree for complainants and respondents appeal.
1Opinion
*515ON APPLICATION FOR REHEARING.(9) On this application for a rehearing onr attention is called to the fact that no insurious interest was charged by Mayer Bros, to Mr. Collins in their store account for the year 1900. The usury appears in the store accounts for the years subsequent to the year 1900. There was a balance of $3,859.61 carried forward from the above account of 1900 into the store account of 1901. This balance was not tainted with usury, and was due and collectible on January T, 1901. The fact that it was carried forward into the account of 1901 does not subject that item to the…
2Cases cited3 opinions
- Noble v. Moses Bros.Supreme Court of Alabama · 1883
- Eslava v. CramptonSupreme Court of Alabama · 1878
- Smith v. NeeleyCourt Of Appeals Of Indian Territory · 1899