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GRIFFIN v. MURDOCK ACCEPTANCE CORPORATION

No. 5-1243.

303 S.W.2d 242 (1957)

D.E. GRIFFIN, Appellant, v. MURDOCK ACCEPTANCE CORPORATION, Appellee.

Supreme Court of Arkansas.

June 17, 1957.

Attorney(s) appearing for the Case

T. O. Abbott, El Dorado, for appellant.

H. D. Dickens, El Dorado, James M. McHaney and Owens, McHaney, Lofton & McHaney, Little Rock, for appellee.

McFADDIN, Justice.

This case began as an effort by the appellant, Griffin, to avoid a note on the ground of usury. On March 19, 1955, Griffin purchased a new Rambler Hudson station wagon from Kelly Motors, Inc. of Little Rock, and executed a title retaining note for $2,396.70, as explained hereinafter. Kelly Motors, Inc. immediately transferred the note to Murdock Acceptance Corporation. The note and title retaining contract were on forms furnished by Murdock Acceptance...

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