Holt Manufacturing Co. v. Jaussaud

(dissenting) — Most of the members of the court are of the opinion that, under a conditional sales contract, the loss must follow the title, and that since we have held that, under a conditional sales contract, the purchaser obtains no title or interest in the thing purchased, the loss must fall upon the vendor because he has both the legal and equitable title. This view has caused us to review our cases holding that the purchaser, before completion of the contract, does not obtain any interest in the property purchased. I have long been of the opinion that these cases are unsound and against…