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REBSAMEN MOTORS v. MORRIS

No. 5-1612.

317 S.W.2d 141 (1958)

REBSAMEN MOTORS, Inc., et al., Appellants, v. Tony MORRIS, Appellee.

Supreme Court of Arkansas.

Rehearing Denied November 17, 1958.

Attorney(s) appearing for the Case

Talley & Owen, by William L. Blair and James R. Howard, Little Rock, for appellant.

Martin K. Fulk and Gentry & Gentry, Little Rock, for appellee.

McFADDIN, Justice.

The question in this case is whether usury tainted the sale of the automobile involved.

On July 20, 1951 Tony Morris contracted to purchase a 1949 Ford automobile from Rebsamen Motors, Inc. Here are the figures as reflected in the Conditional Sales Contract:

  Total Cash Price              $ 1345.00
  Total Time Price                1608.25
  Less Trade-in of Old Car         535.00
  Unpaid Balance of Time Price    1073.25...

                    
                    
                    

                        

                            

                                
                            

                            

                                

                                    
    
                                        
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