People's Furniture & Carpet Co. v. Crosby

Irvine, C..

' The People’s Furniture & Carpet Company sold to Mrs. Crosby a bedstead, mattress, and pillows for $92.50. The sale was evidenced by a written contract, under the guise of a lease with an option in the lessee to purchase. In legal effect the contract was plainly one of conditional sale, the vendor reserving title as security for the purchase-money. Payments were made from time to time, not always according to the terms of the so-called lease, and some after the time when by its terms payment should have been complete. In this way there was paid altogether the sum of $87, leaving…