Graham v. Lynch

Atkinson, Presiding Justice.

(After stating the foregoing facts.) The Code section here in question, as amended by Ga. L. 1937, p. 463 (Code, Ann. Supp., § 57-116), is as follows: “Any person, natural or artificial, in this State, lending money to be paid back in monthly, quarterly, or yearly instalments, may charge interest thereon at six percent per annum or less for the entire period of the loan, aggregating the principal and interest for the entire period of the loan, and dividing the'same into monthly, quarterly or yearly instalments, and may take security therefor by mortgage with waiver…