GULF COAST INVESTMENT CORPORATION v. PRICHARD

No. 17237.

438 S.W.2d 658 (1969)

GULF COAST INVESTMENT CORPORATION, Appellant, v. Donald M. PRICHARD et ux., Appellees.

Court of Civil Appeals of Texas, Dallas.

Rehearing Denied March 14, 1969.


Attorney(s) appearing for the Case

David C. Musslewhite, of Malouf & Musslewhite, Royal H. Brin, Jr., of Strasburger, Price, Kelton, Martin & Unis, Dallas, for appellant.

W. R. Sessions, of Sessions & Sessions, Dallas, for appellees.


BATEMAN, Justice.

This is a usury case in which the appellant Gulf Coast Investment Corporation complains of a judgment rendered upon a jury verdict, allowing recovery of the statutory penalty for usury.

The appellees, Donald M. Prichard and wife desiring to borrow $3,000, made their promissory note to appellant for $5,145, dated August 31, 1965, payable in monthly installments of $85.75 over a period of five years; appellant issued to appellees

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