Commercial Banking Corp. v. Philadelphia Transportation Co.

Opinion.by

Hirt, J.,

In the; course, of its. business of financing the purchase of automobiles, plaintiff; on September 10, 1945, leased a Pontiac. Sedan to: Howard Mallard which he had contracted to-purchase. The written bailment con tract required Mm to pay a stated silm in montMy installments, and provided for the purchase of the car by Mallard for the additional sum of $1.00 upon full performance of its terms. Title to the automobile was registered in the name of Howard Mallard under the Pennsylvania Motor Vehicle Law, with a notation of an encumbrance thereon in favor of plaintiff. On…