Commercial Credit Corp. v. General Contract Corp.

This is a replevin proceeding involving the right to possession of a Plymouth automobile. General Contract Corporation, the appellee, (whom we will call General), claims the right of possession by virtue of a financial floor planning arrangement it had with Stewart-Lacy Motor Company, an automobile dealer at Yazoo City, Mississippi, (whom we will call Lacy). Commercial Credit Corporation, the appellant, (whom we will call Commercial) claims title to and right of possession of the automobile as an innocent purchaser for value through Lacy as the original vendor of the automobile.

The case was…