Massachusetts Bonding & Ins. Co. v. Texas Finance Corp.

JONES, O. J.

Appellee, the Texas Finance Corporation, recovered judgment against appellant, the Massachusetts Bonding & Insurance Company, in the sum of $5,600, with 6 per cent, interest from September 8, 1920. The suit was filed on November 4, 1920, and .the judgment was awarded on April 29, 1922. Appellant has duly perfected its appeal to this court.

Appellee, a corporation, with its place of business in the city of Dallas, was engaged in the business of lending money to retail dealers in automobiles; the money loaned was for the. use of the automobile dealer in paying in part the purchase…