Gersh v. Peacock

78 S.E.2d 543, 89 Ga. App. 57, 1953 Ga. App. LEXIS 900

Opinion

Ficlton, J.

1. An amended petition to collect only the principal of notes which provide for interest at a rate of 6% per month is good as against a geneial demurrer where it does not affirmatively appear that the plaintiff was engaged in the small-loan business. Ellis v. Williams, 56 Ga. App. 181, 182 (192 S. E. 491); Craddock v. Woods, 60 Ga. App. 377, 380 (3 S. E. 2d 924).

2. The fact that the violation of the usury laws is made a misdemeanor (Code, Ann., § 57-9901) does not alter or modify the civil law respecting usurious contracts. Code (Ann.) § 57-112; Croom v. Jordan, 20 Ga. App. 802 (2) (93 S. E. 538); Citizens Bank of Rome v. Hoyt & Co., 25 Ga. App. 222 (102 S. E. 837).

The court did not err in overruling the general demurrer to the amended petition.

Judgment affirmed.

Sutton, C. J., and Quillian, J., concur.