Caribe Motors Corp. v. Petrilli

Antonio Petrilli, who was engaged in the purchase and sale of motor vehicles, purchased two automobiles from Ca-ribe Motors Corporation under a conditional sales contract Two separate transactions were carried out. As respects the first vehicle, he agreed to pay the amount due within a period of 90 days, and as to the other vehicle, within 60 days The first transaction involved the sale of a 1957 Buick car The conditional sales contract was signed on July 3,1958 anc filed in the Motor Vehicles Division of the Department oi Public Works on the following July 31. The contract was recorded in…