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B & D, INC. OF MIAMI v. E-Z ACCEPTANCE CORPORATION

No. 65-639.

186 So.2d 29 (1966)

B & D, INC. OF MIAMI, Appellant, v. E-Z ACCEPTANCE CORPORATION, Appellee.

District Court of Appeal of Florida. Third District.

Rehearing Denied May 24, 1966.

Attorney(s) appearing for the Case

Sponder & Bloom, North Miami, for appellant.

Charles H. Snowden, Miami, for appellee.

Before HENDRY, C.J., SWANN, J., and GOODING, MARION W., Associate Judge.

HENDRY, Chief Judge.

This is an appeal by the plaintiff B & D, Inc. of Miami, from a final decree in favor of the defendant, E-Z Acceptance Corporation, in a suit for the cancellation of loans alleged to be usurious under § 687.07 Fla. Stat., F.S.A.

The sole issue before the chancellor was whether the relationship between the parties was that of borrower-lender or seller-purchaser. If the former, it is alleged that the transactions would be usurious...

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