Seattle Dodge Service Co. v. Royal Insurance

— This litigation arises out of the following facts:

The second-hand Ford Sedan was sold on conditional sale contract, $125 of the purchase price being paid in cash, the balance of $368/75 being payable in monthly installments. The contract, among other things, provides:

“Said vendee hereby acknowledges receipt of said property in good condition and agrees not to sell or dispose of, or offer to sell or dispose of or loan the same, or put out of or allow the same in any manner out of his possession, or in any way or manner to encumber the same or permit liens or charges of any kind to attach or…