Colovas v. Allen Motor Company

Opinion op the Court by

Judge Rees —

Reversing in

part and affirming in part.

On May 10,1930, appellee, F. E. Allen, wiio operates an automobile sales agency under tbe name of the Allen Motor Company, sold and delivered to appellant a 'Chrysler automobile, known as model 77, for $1,895. He took in trade a used automobile at a valuation of $625, and for the balance of the purchase price, amounting to $1,270, appellant executed a note payable in 12 equal monthly installments, with interest at the rate of 6 per cent from maturity, and to secure the payment of the note he executed and delivered to…