Standard Motors Finance Co. v. Mitchell Auto Co.

Appellant is a’ corporation residing in and operating ont of New Orleans, and is engaged in the business of buying notes given in partial payment of used automobiles. It deals with authorized sales agents of automobiles who take used cars as part payment of new ones, and its plan of operation is as follows: It furnishes to the dealer a blank sales contract, which contains questions to be answered by the dealer and certain other questions to be answered by the purchaser of a used car from the dealer. This contract requires the dealer to add a certain per cent, of the cash price to the sales…