Platt Lincoln-Mercury, Inc. v. Swink

Appellant, Platt Lincoln-Mercury, Inc., plaintiff below, is an automobile dealer, and on September 17, 1957, sold to appellee, Johnie Swink, who was the defendant below, a 1956 model Ford automobile. The price of the car was $2,000. Appellee’s trade-in and down payment was sufficient to take care of the deferred payment charges, insurance, etc., plus $66.00. Appellee executed a conditional sales contract to evidence and secure the deferred payments totaling $1,944.00, payable monthly. This contract authorized the seller, upon default and repossession, to sell the car at public or private…