Mevorah v. Goodman

MORRIS, Chief Justice.

This is an action to recover damages for conversion of personal property. On June 23, 1950, the plaintiffs, as purchasers, and the defendants, as sellers, entered into a conditional sales contract whereby the plaintiffs purchased a business known and operated as Irving’s Tractor Lug Company. Involved in the sale was a stock of new, reconditioned, and used parts for tractors and agricultural implements, as well as catalogs and office supplies. The consideration was $100,000, of which $5,000 was paid in cash. Title to the stock of goods was retained by the defendants until…