Court Opinion

ID: 9768244
Source: CourtListenerOpinion
Date Created: 2023-08-29 05:52:08.60554+00
Date Added: 2024-06-11T07:30:38.253028
License: Public Domain

ORDER ON PETITION FOR REHEARING
HARBISON, Justice,
A thoughtful and careful petition for rehearing has been filed on behalf of appellees. The principal insistence made therein is that the choice-of-law principles stated in the original opinion should not be applied because the lender had domesticated its charter in Tennessee. Although not referred to in the original opinion, this contention was not overlooked but was carefully considered. We are of the opinion that the domestication of appellant’s charter does not lead to or require a different result in view of the undisputed fact that its principal office was at all times in Kentucky, the indebtedness was to be repaid in that state, and the terms and conditions of the loan were originally made, approved and subsequently modified by officials of appellant at its Lexington office.
Accordingly the petition for rehearing is overruled at the cost of appellees.
BROCK, C. J., and FONES, COOPER and HENRY, JJ., concur.