Morehouse v. Keyport Auto Sales Co., Inc.

This proceeding seeks the determination of the rights of the various petitioners to certain funds in the hands of the receiver for the defendant corporation, representing the proceeds of the sale by the receiver of two certain automobiles, one a Plymouth and the other a Chrysler. The facts, which are stipulated, vary as to the two cars and for that reason each set of facts will be discussed separately.

FIRST, AS TO THE PLYMOUTH

On May 10th, 1932, DeCozen Motor Company sold and delivered to Keyport Auto Sales Company, Incorporated, hereinafter referred to as the dealer, the automobile in…