[DOWNLOAD] "Universal C.I.T. Credit Corp. v. Lackey" by Supreme Court of Arkansas ~ eBook PDF Kindle ePub Free
eBook details
- Title: Universal C.I.T. Credit Corp. v. Lackey
- Author : Supreme Court of Arkansas
- Release Date : January 21, 1957
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 62 KB
Description
This is another case involving the claim of usury 1 in a conditional sales contract. The Chancery Court found that the
contract was usurious, and this appeal ensued. On November 19, 1953 appellee Lackey purchased a new 1954 Chrysler automobile from Bragg Auto Company of West Memphis by
trading in an old car and executing a conditional sales contract for the balance due, plus insurance and interest. Here is
a tabulation of the transaction: