Radcliff Finance Corp. v. City Motor Sales, Inc.

TIREY, Justice.

Appellant brought this suit against City Motor Sales, Inc., and E. P. Hermansen, to foreclose its chattel mortgage lien against a 1953 Ford Ranch Wagon. The suit involves the construction and application of the Automobile Certificate of Title Act, Art. 1436-1, Vernon’s Ann.Penal Code, Acts of the 46th Legislature, 1939, p. 602. Appellant predicates its lien on having paid a draft on December 15, 1953, drawn by City Motor Sales, Inc., at the same time knowing that no importer’s certificate had been issued, and knowing that the automobile was brought into Texas for resale.

Hermanse…