KYSER v. T. M. BRAGG & SONS

No. 5-1441.

309 S.W.2d 198 (1958)

Lester KYSER et al., Appellants, v. T. M. BRAGG & SONS et al., Appellees.

Supreme Court of Arkansas.

January 27, 1958.


Attorney(s) appearing for the Case

Thorp Thomas, Little Rock, for appellants.

O. Wendell Hall, Jr., Benton, for appellees.


MILLWEE, Justice.

The question presented is whether the amount of $62 charged appellants in a conditional sales contract for a power unit purchased from appellees represented finance or interest charges, or merely a portion of a credit purchase price.

On March 24, 1954, the appellants, Lester Kyser and Ernest Kyser, his father, purchased a used "U-40" power unit from appellees, T. M. Bragg and Sons, a partnership and retail machinery dealer at Benton, Arkansas...

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