Allison Ford Sales v. Farmers State Bank

The sole question raised by this appeal is whether a regular indorsement on a note attached by perforation to a conditional sales contract is qualified by the language of the assignment and warranty on the contract.

Allison Ford Sales,-plaintiff herein, transferred to defendant, Farmers State Bank, a conditional sales contract and attached note covering the sale of an automobile to one Clyde Howrey. Payment being in default, after demand on plaintiff, defendant debited plaintiff’s account in the amount then claimed due of $534.84. Action was commenced October 11, 1953, and upon joint…