Valley Bank & Trust Co. v. Yates

This is an action of contract to recover a balance of $537.40 and interest alleged to be due on a conditional sale contract covering a 1957 Buick.

At the trial there was evidence tending to show:

On or about August 8, 1957 the defendant bought a new 1957 eight cylinder, four door Buick Sedan, Model 43, from Springfield Buick Company under a conditional sale contract for a stated selling price of $4,013.00. As part of this transaction he traded in a 1952 Cadillac, Model 62, for which he re*131ceived a trade-in allowance of $2013.00. There was no cash dotyn payment or other credit to which the…