Commercial Credit Corp. v. S & E ENTERPRISES, INC.

DONALDSON, Justice.

S & E Enterprises, Inc. and Mr. Earl McGill are appealing from a determination by the district court that they were contractually obligated to pay respondent, Commercial Credit Corporation, the balance owing on a mobile home which had been partially destroyed by fire on July 14, 1972. We affirm.

In October, 1964, the appellant, S & E Enterprises, and the respondent, Commercial Credit Corporation, entered into a Mobile Home Dealer Agreement which contemplated the assignment of security instruments by the appellant to the respondent. At the same time respondent accepted a…