Boise Flying Service, Inc. v. General Motors Acceptance Corp.

ON PETITION POR REHEARING.

HOLDEN, J.

It is earnestly contended by respondent that it is a commercial credit corporation; that it engaged wholly in interstate business; that its business is loaning money by discounting notes, mortgages and contracts, covering automobiles, airplanes, refrigerators and radios; that such notes, mortgages and contracts are mailed to the home office, or some branch office, for approval, and that upon default of payment of any such note or contract it may repossess, and cause to be repaired, or reconditioned, and then sell, any automobile, airplane, refrigerator or…