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HAMLA CORP. v. COLEMAN
Court of Appeals of Maryland.
Mar 7, 1967
USURY — Sale Of Goods On Credit With Added Charge For Financing Services Not Within Usury Statute, Where Note And Mortgage Securing Obligation Are Assigned To Financing Institution — "Time Sale" Theory Of Rothman v. Silver Applied. p. 697
G.W.L.
Decided March 7, 1967.
Motion for reargument filed on April 3, 1967, denied on April 5, 1967.
PER CURIAM.
The decree appealed from must be reversed under our holding in Rothman v. Silver, 245 Md. 292, 226 A.2d 308 (1967), and cases therein cited.
Decree reversed, with costs.
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