George Dixon, Inc. v. Central Motors Co.

The plaintiff sold to tbe defendant a truck on a partial cask payment and eighteen deferred monthly payments, under tbe terms of a “Conditional Sale Contract,” wbicb provided, among other things:

“Title to said property is reserved by seller and shall not pass to the purchaser until said amount is fully paid in cash;” that if the purchaser defaulted in his payments “the full amount, shall, at the election of the seller, be immediately due and payable, and purchaser shall be deemed in default;”

“Time is of the essence of this contract, and if the purchaser default in complying with the terms…