[DOWNLOAD] "John L. Wall v. East Texas Teachers Credit Union" by Court of Criminal Appeals of Texas * Book PDF Kindle ePub Free
eBook details
- Title: John L. Wall v. East Texas Teachers Credit Union
- Author : Court of Criminal Appeals of Texas
- Release Date : January 11, 1976
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 66 KB
Description
This is a suit on a promissory note instituted by East Texas Teachers Credit Union against John L. Wall. The note called for usurious interest on its face and there have been no payments of principal or interest. The judgment of the trial court for the Credit Union was modified by the Court of Civil Appeals "to provide that" the Credit Union "do have and recover of and from the appellant John L. Wall the sum of $20,803.48, less a forfeit of $1,814.94 being twice the amount of interest contracted for, leaving a balance of $18,988.54, together with interest on $18,988.54 from September 15, 1971 to October 17, 1974, at the rate of one percent per month on the unpaid balance, being $7,015.56, and together with attorneys fees in the sum of $2,722.00..." 526 S.W.2d 148. We granted writ of error upon application of John L. Wall, the obligor, and also upon application of the Credit Union. We disagree in several respects with the courts below.