Bank of Commerce of Charlotte v. Waters

Stukfs, Justice.

The respondent Broome will also be referred to as the defendant. He is in the restaurant business in Columbia. On and before' December 14, 1945 he purchased in Charlotte, North Carolina, from E. I. Sinkoe, trading as Charlotte Salvage Company, certain fixtures and equipment for which he executed a conditional sales contract bearing that date covering the property and securing the payment of $4,430.40 in deferred installments of $193.90, payable on the fifteenth days of each month beginning January 15, 1946, with interest upon the installments after maturity. After recital of…