Automobile Acceptance Corp. v. Universal C. I. T. Credit Corp.

Bruñe, C. J.,

delivered the opinion of the Court.

An automobile dealer, Suburban Nash, Inc., on July 5', 1955, sold a used car to a customer, F. D. Thomas, under a contract of conditional sale which the customer duly executed, and Suburban Nash assigned the contract to the appellee, Universal C.I.T. Credit Corporation (“C.I.T.”). On the next day, in some manner not disclosed by the evidence, Suburban Nash induced the customer to sign another contract of conditional sale, and Suburban Nash assigned the second contract to the appellant, Automobile Acceptance Corporation (“Auto Acceptance”).…