Warner v. Yellow Manufacturing Acceptance Corp.

The parties here appear in inverse order to their appearance in the trial court, and will be referred to as they there appeared or by name.

On December &, 1958, Warner entered into an agreement with the Colorado Builders’ Supply Company under the terms of which he agreed to purchase two second hand La Plante Chate Model TS-300 Scrapers. He paid $5,000.00 down and executed a note and chattel mortgage for the balance of the purchase price of $22,795.00, which sum was to be paid in eleven equal monthly installments of $2,051.18. After making the first payment he was unable to make the second or…