City Loan Co. v. State Credit Ass'n

Defendant, State Credit Association, appeals from a judgment of $737 for the conversion of an automobile. Pursuant to a loan from plaintiff, City Loan Company, to Eldon Howell, a chattel mortgage was secured on Howell’s 1961 Pontiac automobile. The mortgage was properly recorded, and plaintiff’s name was placed on the certificate of title as the “legal owner,” while Howell re mained the “registered owner.” In contemplation of a move to Spokane, Howell agreed to extinguish his remaining indebtedness to plaintiff of $737.89 by allowing Doug Cook, a Seattle used car dealer, to sell the vehicle…