Galion Iron Works & Manfg. Co. v. Service Coal Co.

The action is replevin to recover possession of a monoveyor, sold by plaintiff to defendant on instalment payments. The relevant portion of the contract of sale is:

“Payment shall be made according to the terms of this proposal. Upon default of the purchaser in maid rig any payment upon any account or note, or in carrying out any of the provisions of this proposal the entire purchase price shall at once, at the option of the Galion Iron Works & Manfg. Company, become due and payable.

“The title of all material covered by this proposal, until fully paid for in cash, at the time and in manner…