Mack International Motor Truck Corp. v. Jones

On June 25, 1923, Jones & Combs, contractors, purchased from Mack International Motor Truck Corporation a motor truck for use in the building of public highways. The purchase price of the truck was $4,072.25, payable as follows: $100.00 at the time of the signing of the contract of sale, $660.25 at the time of the delivery of the truck, and the balance in six equal instalments, evidenced by negotiable notes due seven, eight, nine, ten, eleven and twelve months from date of delivery. The written contract between the parties purports to be what is known as a conditional sales agreement, and is…