North Pacific Finance Corp. v. Howell-Thompson Motor Co.

On October 18, 1928, tbe defendant, a retail automobile dealer of Seattle, sold an automobile on conditional sale contract to B. T. Taylor. On the same date, that contract, on which was due from the vendee to the vendor $1,008.28 payable in eighteen monthly installments of $56 each, beginning November 18,1928, was sold by the defendant to the plaintiff finance company, the assignment reading as follows:

“For a valuable consideration, the receipt of which is hereby acknowledged, we hereby sell, assign, transfer and set over unto North Pacific Finance Corporation, the within contract and the…