Alamo Lumber Co. v. Gold

661 S.W.2d 926 (1983)

ALAMO LUMBER COMPANY, Petitioner,

v.

Addie B. GOLD, Respondent.

No. C-883.

Supreme Court of Texas.

November 2, 1983.

Rehearing Denied January 11, 1984.

Foster, Lewis, Langley, Gardner & Banack, Ralph Langley and Emerson Banack, Jr., San Antonio, Graves, Dougherty, Hearon & Moody, Robert J. Hearon, Jr. and Thomas I. Davies, Austin, for petitioner.

West & West, Dennis K. Drake, San Antonio, for respondent.

POPE, Chief Justice.

The question presented is whether Alamo Lumber Company charged usury to Mrs. Addie Gold when Alamo purchased Gold's delinquent note for $75,000 plus interest…