HOLT v. MINOR

No. 5-4539.

426 S.W.2d 163 (1968)

244 Ark. 487

Jimmie HOLT et ux., Appellants, v. P. C. MINOR et ux., Appellees.

Supreme Court of Arkansas.

April 1, 1968.


Attorney(s) appearing for the Case

James E. Evans, Springdale, for appellants.

Charles E. Davis and Joe B. Reed, Springdale, for appellees.


BROWN, Justice.

P. C. and Eva Minor sued Jimmie and Maxine Holt to recover judgment on a note in the principal sum of $1400. The defendants countered with an allegation of usury. The jury awarded Mr. and Mrs. Minor judgment for $1400 and the Holts appeal. Six points are raised for reversal. We shall treat only the issue of usury because that issue resolves the lawsuit.

We summarize the essential facts in the light most favorable to the lenders. P. C. Minor...

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