Jacquard Knitting MacHine Co. v. Vennell

BUFFINGTON, Circuit Judge.

This ease involves the constantly recurring question of whether the transaction involved was a bailment or a conditional sale of chattels. Under the Pennsylvania decisions, a single contract can make provision for a present bailment of. chattels and provide also for a future sale of such chattels on the arising of certain conditions. Where such a dual contract elearly evidences such intent of the parties, it will be enforced, and while the bailment lasts, the title will remain in the lessor, and no title passes until the bailment ends and until the future conditions…