Tom W. Carpenter Equipment Company, Inc., a Texas Corporation v. General Electric Credit Corporation, a New York Corporation

PICKETT, Circuit Judge.

Tom W. Carpenter Equipment Company, Inc., a Texas corporation, doing business at Amarillo, Texas, alleging ownership of a large construction machine, sued appellant General Electric Credit Corporation for conversion of the equipment. General Electric claimed title to the equipment through a third party in possession thereof. The trial court found for the plaintiff and entered judgment for the amount found to be the reasonable value of the equipment.

On April 24, 1965 Carpenter, who was engaged in the business of renting, selling, servicing and repairing construction…