STATE EX REL. TURNER v. YOUNKER BROTHERS, INC.

No. 55622.

210 N.W.2d 550 (1973)

STATE of Iowa ex rel. Richard C. TURNER, Attorney General of Iowa, Appellant, v. YOUNKER BROTHERS, INC., Appellee.

Supreme Court of Iowa.

Rehearing Denied November 9, 1973.


Attorney(s) appearing for the Case

Richard C. Turner, Atty. Gen., and Harry M. Griger, Asst. Atty. Gen., for appellant.

John G. Fletcher and Bennett A. Webster, Des Moines, for appellee.

Heard and considered en banc.


MASON, Justice.

The ultimate question presented by this appeal is whether credit sales between Younker Brothers, Inc. (Younkers), defendant in this action, and its customers result in usury prohibited by Iowa statutes.

Since 1965 Younkers, a retail department store doing business throughout Iowa with its principal place of business in Des Moines, has extended to persons who purchase its merchandise consumer credit...

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