Bernhagen v. Marathon Finance Corp.

Plaintiffs claim that they were entitled to the automobile in suit by reason of their purchase thereof from A. J. Wood for $659.10, which they paid him on June 3, 1930, upon the delivery of the automobile to them by Wood at his sales garage. The defendant Marathon Finance Corporation, on June 6, 1930, demanded and took possession of the automobile under a chattel mortgage, duly recorded May 19, 1930, which had been executed in its favor by Wood, on May 17, 1930, to secure the payment of $530 then advanced by the mortgagee to Wood, and used by him in purchasing the automobile from the…