Universal C. I. T. Credit Corp. v. Murphy

The action herein was brought to recover a balance of $1,259.36 (including attorney’s fees), plus interest, alleged to be owing the plaintiff financing corporation on a trust receipt issued by the defendant automobile dealer on March 11, 1960, covering two Dauphine automobiles.

The allegations of the complaint are conceded by the defendant, except for those involved in an affirmative defense contained in the answer — substantially to the effect that the two automobiles, after repossession by the plaintiff following default in payment of an amount owing on them, were misrepresented in the…