Truck Tractor & Forwarding Co. v. Baker

Opinion by

Mr. Justice Walling,

The Truck, Tractor & Forwarding Company, herein called the tractor company, a corporation, was engaged, inter alia, in the sale of Armleader trucks at Scranton, and, on December 26,1919, delivered one of those trucks to H. C. Baker, upon a so-called lease, providing for payment by monthly installments and for a return of the truck in case of default. On the same day the tractor company assigned the lease to the Commercial Investment Trust, herein called the plaintiff, a financing corporation of New York. After making a hand payment and two or three monthly…