Auto Purchase Corp. v. Johnston

These two cases, consolidated for, trial and'appeal, were before us on a previous ap-' peal (319 Mich. 634), in which we set aside judgments on the pleadings for plaintiff and remanded the cases for further proceedings. Trial now having been had on the merits, defendant again appeals from judgments entered against him as indorser of 2 promissory notes.

Defendant, a dealer, sold 2 trucks, accepting down payments; the purchasers asked the Auto Purchase Company to finance the balances due; the company agreed, prepared notes and chattel mortgages which named defendant as payee and mortgagee,…