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COHN v. RECEIVABLES FINANCE CO.

Gen. No. 53,111.

123 Ill. App.2d 224 (1970)

260 N.E.2d 67

Gussie Cohn and Blanche Sosna, Plaintiffs-Appellants, v. Receivables Finance Co., and Julian J. Luster, Defendants-Appellees.

Appellate Court of Illinois — First District, Fourth Division.

Rehearing denied May 27, 1970.

Attorney(s) appearing for the Case

Neal Mermall, of Chicago, for appellants.

Julian J. Luster, pro se, of Chicago, appellee.

MR. JUSTICE ENGLISH delivered the opinion of the court.

Plaintiffs' suit on a note was terminated by judgment in favor of defendant on his motion for summary judgment. The court found that the loan contract was usurious, and that illegal interest payments, which had exceeded the amount of principal, should be applied thereto. Plaintiffs' motions for rehearing and for leave to file an amended complaint were denied,...

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