Auburn Dallas Co. v. Stewart

This suit was instituted July 3, 1929, by Federal Acceptance Corporation, a private corporation, one of the appellees, against R. A. Stewart, the other appellee, as defendant in the court below, to recover on a note for $985 executed May 8, 1929, by R. A. Stewart to Auburn Dallas Company, a private corporation, and to foreclose a chattel mortgage lien on a 1928 model Auburn sedan. For convenience, said parties will be designated as follows: Auburn Dallas Company as appellant, Federal Mortgage Company as plaintiff, and R. A. Stewart as defendant.

On May IS, 1929, defendant purchased from'…