Central Iowa Motors Co. v. Clancy

On the 2d day of July, 1926, the plaintiff sold to the defendant, on a conditional sale contract, one Buick touring car, for the sum of $217. Under this contract, $60 was paid in cash, and a note given for $20, due in 20 days, and the balance of the purchase price was to 'be paid in monthly installments of $20-each. These deferred payments were represented by a promissory note for $137, payable to' the' plaintiff, and signed by the defendant.' - The contract also provided:

“It is agreed that the title to, ownership in, and the right of possession of said chattel are vested in you [the Central…