STATE EX REL. CRIST v. NATIONWIDE FIN. CORP.

No. 40900.

588 S.W.2d 8 (1979)

STATE ex rel. Edgar H. CRIST, Commissioner of Finance, Appellant, v. NATIONWIDE FINANCIAL CORPORATION OF MISSOURI, Respondent.

Missouri Court of Appeals, Eastern District, Division Three.

Motion for Rehearing and/or Transfer Denied September 17, 1979.

Application to Transfer Denied November 14, 1979.


Attorney(s) appearing for the Case

John D. Ashcroft, Atty. Gen., Terry C. Allen, Asst. Atty. Gen., Jefferson City, Irven L. Friedhoff, Gen. Counsel, Steven M. Geary, Div. of Finance, Edgar H. Crist, Jefferson City, for appellant.

Richmond C. Coburn, Jeffrey H. Pass, St. Louis, for respondent.


Motion for Rehearing and/or Transfer to Supreme Court Denied September 17, 1979.

GUNN, Judge.

Does the phrase "real estate loan" as used in § 408.0351 of the Missouri Usury Statutes denote a loan for any purpose secured by real estate? Such is the core issue into which we must delve to reach a denouement in this quo warranto action instituted by relator Commissioner of Finance against respondent Nationwide Financial Corporation...

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