Wood's Garage & Implement Co. v. McAllen State Bank

NORVELL, Justice.

This case is before us on findings of fact and conclusions of law. The findings of fact are not challenged except in the one particular hereinafter mentioned, ■ so our statement of the case is taken therefrom.

In January, 1947, A. J. Lacey, one of the defendants below who has not appealed, borrowed $300 from appellee, McAllen State Bank, which he used to pay part of the purchase price of a Caterpillar tractor. Lacey purchased the tractor from appel: lant, Wood’s Garage and Implement Company, and gave appellant a note and chattel mortgage to secure $406.15, payable in two…