A. R. G. Bus Co. v. White Auto Co.

On the eighteenth day of June, 1917 (defendant’s corporate name at that time being Pioneer Commercial Auto Company), a contract in writing was entered into between plaintiff and defendant whereby the plaintiff agreed to purchase from defendant an automobile truck therein described and to pay therefor the stipulated price of $3,383.90. The terms of the contract, so far as it is necessary to set them forth here, are as follows:

“To be paid on delivery $783.90, balance in 18 monthly notes, interest at 8% per annum. Or said deposit of $- to be forfeited to the Pioneer Commercial Auto Company as…