LYLES v. UNION PLANTERS NATIONAL BANK OF MEMPHIS

No. 5-3630.

393 S.W.2d 867 (1965)

Robert C. LYLES, Appellant, v. UNION PLANTERS NATIONAL BANK OF MEMPHIS, Tennessee, Appellee.

Supreme Court of Arkansas.

September 27, 1965.


Attorney(s) appearing for the Case

Ralph E. Wilson, Osceola, for appellant.

Swift & Alexander, Osceola, for appellee.


McFADDIN, Justice.

This is a usury case. The appellee, Union Planters National Bank, filed action in replevin against appellant Lyles to repossess a motor vehicle purchased by Lyles on time payments. Lyles pleaded usury. The Trial Court held there was no usury because the law of Tennessee governed the transaction; and from that holding Lyles brings this appeal.

The cause was submitted to the Trial Court on the original contract and a stipulation, from which...

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