Dickerson v. Universal Credit Co.

1. Where a vendor sells an automobile to be paid for in installments by the vendee, and enters into a written contract with the vendee retaining the title to the property, with a stipulation in the contract that, if any of the installments are not paid, the vendor shall have the right to take possession of the property and sell the same at public or private sale, with a further stipulation that the proceeds of the sale shall be applied to the amount due the vendor and any surplus shall be paid over to the purchaser, and a further stipulation that the repossession or retaking of the property…