General Motors Acceptance Corporation v. Capitol Garage, Inc.

The complaint alleged that the defendant converted to its own use a car owned by the plaintiff under an assignment of a conditional bill of sale from Leader Chevrolet Company, a retail automobile dealer located in West Springfield, Massachusetts. By way of special defense the defendant in essence claimed that it was a purchaser in good faith without knowledge of the interest of the plaintiff and that the plaintiff lost whatever security interest it may have had in the automobile by failing to file a financing statement in accordance with the laws of Massachusetts.

The finding, which is…