Central Insurance v. Ehr

Leo L. Ehr, January 15, 1940, purchased a motor truck from Ross Lynch, Inc., a domestic corporation. The truck was purchased by contract of conditional sale, at the price of $1,686,77, payable at. the rate of one hundred dollars per month. Among other provisions, the contract contains the following:

“2. . . . No waiver or extension of any payment, term, provision, covenant or condition should be considered as a payment or waiver of any default- hereunder, nor be construed as a permanent waiver thereof. The failure of the seller to insist on prompt payment of any installment when due hereunder…