BISHOP v. ALLIED FINANCE COMPANY

No. 17828.

483 S.W.2d 46 (1972)

Lowell BISHOP, Appellant, v. ALLIED FINANCE COMPANY et al., Appellees.

Court of Civil Appeals of Texas, Dallas.

Rehearing Denied June 15, 1972.


Attorney(s) appearing for the Case

Paul Brauchle, Vinson & Massingill, Dallas, for appellant.

John D. Crawford, Locke, Purnell, Boren, Laney & Neely, Dallas, for appellees.


GUITTARD, Justice.

Plaintiff Lowell Bishop sued Allied Finance Company, Industrial Life Insurance Company and Allied Finance Company of Fairmount for double the amount of alleged usurious interest paid on a promissory note. Plaintiff claims that the note was usurious because he was required by defendant's alleged agent, L. B. Sikes, as a condition of the loan, to pay a credit life insurance premium of $322.14 to Industrial Life Insurance Company, and that this amount...

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