Nance v. Welborne, 142 S.E. 477 (N.C. 1928). · Go Syfert
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Nance v. Welborne, 142 S.E. 477 (N.C. 1928). Cases Citing This Book View Copy Cite
4 citation events across 1 distinct court.
Strongest positive: Rutherford Coll., Inc. v. Payne, 184 S.E. 827 (N.C. 1936)
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Retrieving the full opinion text from the archive…
D. R. Nance
v.
Olden Welborne.
Supreme Court of North Carolina.
Apr 11, 1928.
Published opinion
142 S.E. 477
1928 N.C. LEXIS 121
W. T. Wilson for plaintiff. , Mangurn Turner for defendant.
Stacy.
Cited by 1 opinion  |  Published
Stacy, C. J.

A borrower employs an attorney and pays Mm $5.00 for preparing note and chattel mortgage and securing extension or renewal of a loan of $40.00 for 60 days. Does the payment of this fee to the borrower’s attorney amount to exaction of usury on the part of the lender who knew nothing of the arrangement between the borrower and his attorney? The question answers itself in the negative. Speas v. Bank, 188 N. C., 524, 125 S. E., 398; Miller v. Dunn and Abdallah v. Dunn, 188 N. C., 397, 124 S. E., 746; Waters v. Garris, 188 N. C., 305, 124 S. E., 334.

Affirmed.