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MIDSTATES ACCEPTANCE v. VOSS

No. 38504.

202 N.W.2d 822 (1972)

189 Neb. 411

MIDSTATES ACCEPTANCE, a corporation, Appellee, v. Francis D. VOSS d/b/a Emerson Manufacturing Company, Appellant.

Supreme Court of Nebraska.

December 15, 1972.

Attorney(s) appearing for the Case

John V. Addison, Wayne, for appellant.

C. J. Galvin, Leamer & Galvin, South Sioux City, for appellee.

Heard before WHITE, C. J., and SPENCER, BOSLAUGH, SMITH, McCOWN, NEWTON and CLINTON, JJ.

NEWTON, Justice.

This is an action to recover on a conditional sale contract. A plea of usury was disallowed. Judgment was recovered by plaintiff. The judgment is reversed.

LeRoy Jones desired to purchase from the defendant, a manufacturer of air jacks, a quantity of jacks for the sum of $10,000. Jones did not have the purchase price but made arrangements with Great Plains Acceptance for the required money. Great Plains Acceptance prepared a conditional sale...

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