Wilson v. Pearce

F. E. Wilson, president and principal shareholder of the Solotone Corporation, a California corpo ration, which manufactures and distributes coin-operated music machines (“juke boxes”), commenced this action to recover the balance allegedly due on a negotiable promissory note, and to foreclose a chattel mortgage given as security for the note. Three defendants were named: F. Vernon Pearce and his wife, Billy A. Pearce, who by their answer admitted that they executed the note and mortgage; and Bruce N. Smith, who admitted having control and possession of the goods which were subject to the…