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UNIVERSAL C. I. T. CREDIT CORPORATION v. CROSSLEY

No. 5-68.

258 S.W.2d 562 (1953)

UNIVERSAL C. I. T. CREDIT CORPORATION, Appellant, v. C. D. CROSSLEY, Appellee.

Supreme Court of Arkansas.

Rehearing Denied June 22, 1953.

Attorney(s) appearing for the Case

Wright, Harrison, Lindsey & Upton and Cockrill, Limerick & Laser, Little Rock, for appellant.

Josh W. McHughes, Brooks Bradley and Tilghman E. Dixon, all of Little Rock, for appellee.

McFADDIN, Justice.

This is another case1 in which usury is pleaded against a conditional sales contract. The transaction here involved occurred prior to the date the opinion in the Hare case2 became final.

In purchasing an automobile, appellee Crossley, signed a conditional sales contract, which reads in part:

  "Payable in cash or trade-in
   before delivery.................$232.80"
...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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