143 S.E.2d 36 (Ga.App. 1965), 41232, Securities Inv. Co. v. Pearson

Citation: 143 S.E.2d 36, 111 Ga.App. 761

Opinion Judge: RUSSELL, Judge.

Party Name: SECURITIES INVESTMENT COMPANY v. Hardin PEARSON.

Attorney: Under the Georgia Industrial Loan Act (Code Ann. Ch. 25-3) no company may loan to and no debtor may be liable to the lender for a principal amount in excess of $2,500. Where the debtor at any one time owes the creditor more than this sum plus permissible fee and interest increments the contract i...

Judge Panel: FELTON, C. J., and JORDAN, J., concur.

Case Date: Thursday May 27, 1965

Court: Georgia Court of Appeals