Buffington v. Ulen

William Douthit sold and delivered a mare to Benjamin Shye, of Cabell County, Virginia, on a credit of nine months. Shye being unable to pay the price, it was advanced to Douthit by the appellant, Peter Buffington, in consideration of an agreement that unless within twelve months the money thus loaned to Shye should be refunded the mare should be the property of Buffington, to be delivered to him on demand. According to these facts, the mare was the absolute property of Shye when he made the conditional sale to Buffington. To the validity of such a sale against the world delivery of…