CIT Corporation v. Hetland

STRUTZ, Judge.

The plaintiff is a New York corporation doing business throughout the United States, including the.States of North Dakota and Colorado. It engages in the business of financing.

The defendant lives in Fargo in this State. On August 23, 1962, he purchased an airplane from one Dick Nolan in Greeley, Colorado, where Nolan was engaged in the business of selling and servicing aircraft. The defendant was unable to pay the purchase price of $16,995 in cash, so he made a down-payment of $2,995 and executed a conditional sales contract for the balance of the purchase price of $14,000 plus…