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UNITED COMPANIES MORTGAGE & ETC. v. LESTER

No. 52356.

394 So.2d 1350 (1981)

UNITED COMPANIES MORTGAGE & INVESTMENT OF SOUTHWEST MISSISSIPPI, INC., and C. Wayne Dowdy v. Homer E. LESTER et ux.

Supreme Court of Mississippi.

Rehearing Denied April 1, 1981.

Attorney(s) appearing for the Case

C. Wayne Dowdy, Guy, Dowdy & Whittington, McComb, for appellant.

T. Patrick Welch, Roach, McMillan & Welch, McComb, for appellees.

Before ROBERTSON, P.J., and BROOM and HAWKINS, JJ.

ROBERTSON, Presiding Justice, for the Court:

United Companies Mortgage & Investment of Southwest Mississippi, Inc., and C. Wayne Dowdy, Trustee, appeal from a decree of the Chancery Court of Amite County ordering that all interest and finance charges due from Homer E. Lester and wife, Norma Lester, under the terms of an installment promissory note and deed of trust executed by them on July 26, 1978, be forfeited because inadvertently United had charged an annual...

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