1. Home
  2. Browse Decisions
  3. S.W.2d
  4. 659 S.W.2d
  5. 659 S.W.2d 504 (1983)
 

FIRST STATE BANK OF SPRINGDALE v. SHAVER

No. 82-303.

659 S.W.2d 504 (1983)

280 Ark. 476

FIRST STATE BANK OF SPRINGDALE, Arkansas, Appellant, v. Charles W. SHAVER and Darlena Shaver, Husband and Wife, Appellees.

Supreme Court of Arkansas.

October 31, 1983.

Attorney(s) appearing for the Case

Herdlinger, Jacoway & Stanley, P.A. by Roy E. Stanley, Springdale, for appellant.

No brief filed for appellees.

ADKISSON, Chief Justice.

Appellant, First State Bank, junior mortgagee in a foreclosure action against appellee, Charles and Darlene Shaver, sought summary judgment in foreclosure of a business loan of $46,902.57 made September 5, 1980. The Washington County Chancery Court found the loan agreement to be usurious under the governing federal law, section 511 of the Monetary Control Act of 1980 (12 U.S.C. § 86a) and ordered, as remedy, all payments made by the Shavers...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases