Universal C. I. T. Credit Corp. v. Phenix-Girard Bank

On Rehearing.

The burden of appellee’s application for rehearing is, in effect, that appellee (plaintiff below) was entitled to recover, all other questions aside, for the reason that at the time the defendant corporation, Reo Truck Sales & Service, Inc., sold the truck to A. E. Blackwell on a c.ontract of conditional sale, and thereupon transferred said contract to the appellant (claimant below), said Reo Truck Sales & Service had ceased to exist as a corporation and could, therefore, convey no title to the property or, more specifically, vest any title in the appellant by way of -such…