Lynch v. Sable-Oberteuffer-Peterson, Inc.

Parties to a conditional contract of sale may specify the terms of adjusting their differences in case the buyer becomes delinquent. It is not necessary for the seller to resort to court in order to repossess the automobile and sell the same where the contract authorizes the seller so to do: Standring v. Gordon, 118 Or. 339, 345, 346 (246 Pac. 361). The contract in the instant casé provides:

“In case of default in the payment of any amount due as above provided, * * of if the undersigned shall be guilty of any breach of any of the other agreements of the undersigned herein, the second party is…