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CREDIT INDUSTRIAL CO. v. RE-MARK CHEMICAL CO.

67 So.2d 540 (1953)

CREDIT INDUSTRIAL CO., Limited, v. RE-MARK CHEMICAL CO., Inc.

Supreme Court of Florida. Special Division B.

October 13, 1953.

Attorney(s) appearing for the Case

Berger & Snetman, Miami, for appellant.

Feibelman & Friedman, Miami, for appellee.

DREW, Justice.

The plaintiff in the lower court (appellant here) prayed for a decree defining its position with reference to the potential effect, if any, of Chapter 28170, Laws of Florida, Acts of 1953, F.S.A. § 608.01 et seq., upon the present inability of a corporation to interpose the defense of usury with particular reference to a written contract for a financing enterprise, which required, among other things, the defendant corporation to pay to plaintiff...

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