HEEBE, District Judge:
This diversity suit, while appearing to be a run-of-the-mine suit on a promissory note, is steeped with intriguing and unique questions of vast importance to the lending institutions of this state. The real problem is usury, an ancient one, and the solution is unexpectedly difficult under Louisiana law. The tale, though, is a remarkably familiar one.
On April 6, 1966, Sam J. Recile and Wilson P. Abraham endorsed a negotiable promissory...
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