Show SUBTERFUGES TO TO I EXACT USURY ARE VOID SAYS COURT COURTMan Man Using Loan SharK Methods Is Minus and Security Too I I IA A bill of sale and an option when given Iven In such a way ay as to indicate an attempt to violate the thc usury law Jaw are arc worthless this Is Js the thc substance or of an opinion lon handed hand hand- ed down b by Judge John F. F Bowman In Inthe th the civil division of ot the elt city court In the case of the thc Employees Employees' Credit company compan against George V. V Ballard and Mrs MIS George V. V Ballard aid ald he lie saw an advertisement ad of the thc credit comp company n in n a local paper announcing that it IL would lend money on pianos Ballard applied f for r a loan of ot on a piano said to be worth Tie lie claimed that the thc credit company compan officials would bu buy tho the piano from him for giving him the privilege of ot b buying it back In sixty days das for lie He gave a abill abill bill of sale salce and at the same time re received re- re dyed the option A At t the he same time he hO gave c a a bill 1111 of sale for household furniture furni furn I ture valued at from which he re received re- re 50 30 and was to buy the furniture bade bad for 55 5 Ballard failed to exercise either option option option op op- op- op tion at the expiration of the sixty days das and the credit company undertook to take possession of tho the property Judge Bowman decided that tharl the bills of sale and the options were evidently an attempt to defeat the usury law and decided decided decided de de- de- de against the company The fhe decision means that thc the credit company Is out HiO and Ballard retains posse slon O of his furniture I |