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UNITED FINANCE & THRIFT COMPANY OF DALLAS v. FARR

No. 16019.

359 S.W.2d 219 (1962)

UNITED FINANCE & THRIFT COMPANY OF DALLAS, Inc., et al., Appellants, v. James E. FARR, Appellee.

Court of Civil Appeals of Texas, Dallas.

June 29, 1962.

Attorney(s) appearing for the Case

Irion, Cain, Cocke & Magee, and Burt Berry, Dallas, for appellants.

Fritz & Vinson, Dallas, for appellee.

DIXON, Chief Justice.

Appellee James E. Farr obtained judgment for double damages in the amount of $497.80 for usurious interest charged by United Finance & Thrift Company and State Loan & Finance Corporation. The former company is wholly owned by the latter company. The usurious interest was charged in three uninterrupted loan transactions. Each of the last two transactions was a renewal of its predecessor. The first named of the companies received the usurious...

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