Silverthorne v. Chapman

In September, 1927, A. V. Silverthorne, plaintiff herein, advanced funds to one J. S. Bousquet for the purchase of a Cadillac automobile. Bousquet bought the car, delivered the same to Silverthorne, and entered into a so-called conditional sales agreement with Silverthorne, which contained a provision that “title to the car and extra equipment shall not pass by delivery to the buyer, but shall remain vested in and be the property of the seller or assigns, until the purchase price has been fully paid.” One thousand one hundred and twenty-five dollars was the price stipulated in the agreement.…