Holt v. First National Bank of Minneapolis

214 N.W.2d 698 (1973)

Gail Martinson HOLT, Appellant,

v.

FIRST NATIONAL BANK OF MINNEAPOLIS et al., Defendants,

Drovers State Bank, Respondent.

No. 43708.

Supreme Court of Minnesota.

November 2, 1973.

Rehearing Denied December 6, 1973.

Jardine, Logan & O'Brien, and Michael J. Healey, St. Paul, for appellant.

John F. Kelly, Burnsville, for respondent.

Heard and considered en banc.

This appeal deals with the validity of a provision in an installment sales contract whereby the purchaser of an automobile waived as against the assignee of the contract defenses which could have been asserted against the…