REEVES v. FIRST STATE BANK

No. 42281.

463 P.2d 340 (1969)

Paul W. REEVES, Plaintiff in Error, v. FIRST STATE BANK, Jones, Oklahoma, a Corporation, Defendant in Error.

Court of Appeals of Oklahoma Division No. 20.

December 2, 1969.


Attorney(s) appearing for the Case

Erwin & Erwin, Chandler, for plaintiff in error.

Leslie L. Conner, James M. Little, Leslie L. Conner, Jr., Oklahoma City, for defendant in error.


McINERNEY, Presiding Judge.

This is an appeal challenging the sufficiency of the amount forfeited as usury under a contract for the loan of money.

First State Bank of Jones, Oklahoma sought to recover a balance due on a note after default of a monthly payment, and to foreclose the security interest. The trial court held that the note was usurious. Judgment was entered by direction to the jury in favor of the Bank...

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