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UNITED-BILT HOMES, INC. v. KNAPP

No. 5-3589.

396 S.W.2d 40 (1965)

UNITED-BILT HOMES, INC., Appellant, v. O. H. KNAPP, Emma Knapp, Mllburn Knapp, Hugh Younger and H. R. Bauerleln, Appellees.

Supreme Court of Arkansas.

Rehearing Denied December 13, 1965.

Attorney(s) appearing for the Case

Patten & Brown, Smith, Williams, Friday & Bowen, by John T. Williams and Frank Warden, Jr., Little Rock, for appellant.

Murphy & Arnold, Batesville, Ivan Williamson, Mountain View, for appellees.

WARD, Justice.

The principal issue on appeal involves the question of usury, but another issue is also raised. The statement of facts set out below will suffice to show how these issues arose.

Mr. and Mrs. O. H. Knapp (two of the appellees hereafter—sometimes referred to as purchasers) contracted with United-Bilt Homes, Inc. (appellant, sometimes referred to as builder) to erect a home on their land in Stone...

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