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BROKERS LEASING CORP. v. STANDARD PIPELINE COATING

No. 20150.

602 S.W.2d 278 (1980)

BROKERS LEASING CORPORATION, Appellant, v. STANDARD PIPELINE COATING COMPANY, Appellee.

Court of Civil Appeals of Texas, Dallas.

Rehearing Denied June 27, 1980.

Attorney(s) appearing for the Case

Eben D. Warner, III, Odessa, for appellant.

Daniel J. Sheehan, Jr., Dallas, for appellee.

Before AKIN, ROBERTSON and HUMPHREYS, JJ.

HUMPHREYS, Justice.

Brokers Leasing Corporation appeals from a judgment awarding Standard Pipeline Coating Company, appellee, $5,000 attorney's fees and $19,059.04 as a penalty for charging usurious interest. Brokers argues that the court erred in finding that $9,529.52 was charged as interest and that there was an intent to charge interest. The primary issue is whether the contract between the parties was a conditional sales contract or a lease. We hold that the...

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