HOOVER v. MURDOCK ACCEPTANCE CORP.

No. 5-308.

264 S.W.2d 838 (1954)

HOOVER v. MURDOCK ACCEPTANCE CORP.

Supreme Court of Arkansas.

February 22, 1954.


Attorney(s) appearing for the Case

Hendrix Rowell, Pine Bluff, for appellant.

Bridges & Young, Pine Bluff, for appellee.


GRIFFIN SMITH, Chief Justice.

Under a conditional sales contract dated April 1, 1952, Ritchey Motor Company sold to Lawrence D. Hoover a used Plymouth automobile for $1,110. After the account had been credited with $300, the balance was payable in fifteen monthly installments of $54. Ritchey at once sold the contract to Murdock Acceptance Corporation. The purchaser's default prompted replevin. The action was met by a plea of usury, in reliance upon Schuck v. Murdock...

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