C. I. T. Corporation v. Emmons

HAMITER, Judge.

In the purchase of an Electrolux refrigerator from the United Electric Service, Inc., of Monroe, Louisiana, on February 18, 1937, defendant, Homer Emmons, executed his installment promissory note, payable to the order of the vendor. An •act declaring the granting of a chattel mortgage and the existence of a vendor’s lien on the mentioned article was simul'taneously signed.

As appears by the last mentioned in■strument, the purchase price of, the refrigerator under the deferred payment plan was $352.66. Of this amount, $17.50 was paid in cash, and the balance of $335.16, being the…