Lee Tire & Rubber Co. v. Gay

On February 7, 1929, Charles F. Gay purchased from the Roesch Motor Car Company a fully equipped motor truck, which was placed in the possession of the vendee. A chattel mortgage, which was assigned to the Transportation Securities Company, to secure the payment of the unpaid portion of the purchase price of the truck, was executed by the vendee and duly placed of record. The mortgage provided that it should cover

“ . . . additional material, supplies and accessories or substituted parts, if any, whether used upon said chattel or any other equipment of said mortgagor.”

On May 13, 1929, the Lee…