FRIENDLY FINANCE CORPORATION v. Quinn

At common law a conditional sale contract is valid and effective even as against creditors and bona fide purchasers for value from the conditional vendee. Under the reservation of title in the vendor, no assignable title vests in the conditional vendee. 47 A.J. 42, 43, 110. Instead, it vests absolute title in the vendor and he is entitled to recover in replevin or trover from any purchaser from the vendee or other person in possession, Dunbar v. Bawles, 28 Ind. 225, and, under the rule of comity recognized by most states, the contract is enforceable in any state in which the property may be…