AMERICAN PHYSICIANS INSURANCE CO. v. HRUSKA

No. 5-4583.

428 S.W.2d 622 (1968)

The AMERICAN PHYSICIANS INSURANCE CO., Appellant, v. Robert HRUSKA and Theodore Menas, Appellees.

Supreme Court of Arkansas.

June 3, 1968.


Attorney(s) appearing for the Case

Thomas B. Tinnon, Mt. Home, and Donald Joe Adams, Yellville, for appellant.

Roy E. Danuser, Mt. Home, and Bruce G. Heavner & Clifford N. Jarrett, Kansas City, Mo., for appellees.


FOGLEMAN, Justice.

Appellant seeks reversal of a judgment in favor of appellees for an alleged excessive amount exacted of appellees by it in connection with a transaction which appellees had contended was a usurious loan. Appellees contend that they borrowed $65,000 from appellant to enable them to purchase certain stock of Management Investment Corporation, a Missouri corporation of which they were the president and secretary respectively, and that this corporation...

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