Phillips v. Ideal Securities, Inc.

OPINION

By LEVINE, J.

The trial judge rendered a judgment in favor of the defendant. In the opinion of the trial court the harshness of the law was justly condemned, but nevertheless the court thought it was an inescapable legal conclusion that under the statute the defendant acted within its legal rights. The section relied on is §6341-1 GC. We shall cite it in full:

“Sec 6341-1 GC. — PROCEDURE IN REDEMPTION OF ARTICLES'OR PLEDGES. —If pledgor shall fail to redeem any articles of jewelry, gems, silverware, goldplate, precious stones and kindred articles within six months from the date of the…