Vann v. Accounts Supervision Co.

ROBERTS, Justice.

The plaintiff-appellee, a small loan company, was successful in its suit to foreclose a chattel mortgage on household goods securing a loan of $280 made by it to the defendants, Mr. and Mrs. Vann, and the Vanns have appealed from the final decree of foreclosure.

The note and mortgage were the last in a series of eighteen transactions between the plaintiff and the Vanns, starting in 1946 with a loan of $60. The plaintiff’s records were incomplete, so it could not be said with certainty that the Vanns ever “paid out” any one loan completely, although the plaintiff’s manager,…