General Motors Acceptance Corp. v. Barnett

Lewis, David C., J.

On the 4th day of March, 1931, Rupp Bros. Motor Sales Corporation, as vendor, and Edward J. Barnett, as vendee, executed a certain contract for the conditional sale of an automobile truck (motor number T 2182485). This contract called for a down payment of $243, with the balance of the purchase price to be liquidated in eleven successive monthly install*193ments of $45 each, followed by one monthly installment in the sum of $29, payable on the fourth day of each and every month commencing on the month next succeeding the date of the contract.

This contract is signed by Edward J.…