Saginaw Financing Corp. v. Detroit Lubricator Co.

July 18, 1927, G-remel & Liken sold to Vet Brown a Dodge sedan, in payment for which Brown gave a check for $695 and a postdated check for $1,0.00, and received a paper writing, misdated, as follows:

“Sebewaing, Mich., July 21, 1927.

“Sold to: Vet Brown,

North Branch

“Dodge Sedan.....'..........$1695

Motor No. S10957

Serial No. 1S13006

Cash :..................... 1695

“Settled in full

“Gremel &. Liken,

“R. Liken, Sec.”

July 21st, Brown returned it, said he could not pay the $1,000 check, and a chattel mortgage, in the form of title-retaining contract of sale on deferred payments, was executed and the…