Globe Cartage Co., Inc. v. Farmer Ochs Co.

This action was brought by Farmer & Ochs Company against the appellant and Lester Helderman to recover the balance due on a conditional sale contract executed by the appellee Helderman to the appellant in the purchase of an automobile truck and trailer. This conditional sale contract was assigned to the appellee, Farmer & Ochs Company, by a written instrument, which assignment guaranteed full performance of said contract and the prompt payment of the notes. The buyer Helderman defaulted in his payments. The motor vehicle was repossessed and sold by the appellee Farmer & Ochs Company and this…