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FOSTER v. UNIVERSAL C.I.T. CREDIT CORP.

No. 5-1947.

330 S.W.2d 288 (1959)

James H. FOSTER, Appellant, v. UNIVERSAL C.I.T. CREDIT CORP., a Corporation, and The Augusta Motor Company, Inc., Appellee.

Supreme Court of Arkansas.

As Amended on Denial of Rehearing January 18, 1960.

Attorney(s) appearing for the Case

John D. Eldridge, Jr., and George P. Eldridge, Augusta, for appellant.

Wright, Harrison, Lindsey & Upton, Little Rock, for appellee.

JOHNSON, Justice.

This is an appeal from a Chancery decree in which a conditional sales contract between appellant, James H. Foster, and appellees, Universal C. I. T. Credit Corporation, and The Augusta Motor Company, Incorporated, was held not to be usurious. The facts, being stipulated, are not in dispute.

Appellant purchased from appellee, Augusta Motor Company, an automobile and agreed to the issuance of certain insurance policies. The conditional sales...

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