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SKELTON MOTOR COMPANY v. BROWN

No. 5-2043.

332 S.W.2d 607 (1960)

SKELTON MOTOR COMPANY, Inc., Appellant, v. H.E. BROWN et ux., Appellees.

Supreme Court of Arkansas.

Concurring Opinion March 14, 1960.

Attorney(s) appearing for the Case

John H. Joyce, E. J. Ball, Charles Bass Trumbo, Fayetteville, for appellant.

Dickson, Putman & Millwee, Fayetteville, for appellee.

GEORGE ROSE SMITH, Justice.

This is an action by the appellant upon an installment note executed by the appellees in payment for motor vehicle equipment. The defendants demurred to the complaint on the ground that the note appears on its face to be usurious. The trial court sustained the demurrer and dismissed the complaint.

It is conceded that the appellees' original principal debt was $3,000. To evidence this obligation the seller prepared a note for $3...

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