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JONES v. BARCO, INC.

18754

250 S.C. 522 (1968)

159 S.E.2d 279

Leroy JONES and Vivian Jones, Appellants, v. BARCO, INC. and North American Acceptance Corporation, Respondents.

Supreme Court of South Carolina.

February 5, 1968.

Attorney(s) appearing for the Case

Messrs. McLain, Sherrill & Wilkins, of Columbia, for Appellants.

Isadore S. Bernstein, Esq., of Columbia, for Respondent, North American Acceptance Corporation.

Messrs. McLain, Sherill & Wilkins, of Columbia, for Appellants, in Reply.

February 5, 1968.

BRAILSFORD, Justice.

This action arises out of an allegedly usurious not executed and delivered by Leroy and Vivian Jones to Barco, Inc. and assigned by Barco to North American Acceptance Corporation. The note is in the face amount of $3,247.28 and is secured by a mortgage of real estate. According to the complaint, Barco, acting as agent for or in conspiracy with North American, exacted usurious charges of $1,397.28 from the plaintiffs when...

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