HOLLAND v. DOAN

No. 5-1404.

307 S.W.2d 538 (1957)

Ode HOLLAND, Appellant, v. C. T. DOAN, d/b/a C. T. Doan Buick Company, Appellee.

Supreme Court of Arkansas.

December 9, 1957.


Attorney(s) appearing for the Case

Douglas Bradley, Jonesboro, for appellant.

No appearance for appellee.


HARRIS, Chief Justice.

This appeal relates to whether a contract for the sale of an automobile was usurious. On September 11, 1955, Ode Holland, appellant herein, purchased from appellee a used Buick for the sum of $400. As down payment, he traded in a Hudson automobile for which he was allowed $100. Fire, theft, and other car insurance amounted to $46.10; interest on the $346.10 was figured as $19.78. This totaled $365.88, which was to be paid in forty-eight weekly...

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