Commercial Credit Co. v. Cain

On May 9, 1940, appellee purchased from Clarksdale Auto Sales, which was a business conducted by her husband, a Studebaker Champion automobile for which she paid $100 in cash, and for the balance executed a conditional sales contract, by which title was retained in the seller until the balance of the purchase price evidenced by twenty-four monthly notes of $37.05’ each should be fully paid. The contract was immediately assigned and delivered by the seller to appellant for full value received.

The agreement contained the provisions ordinarily found in these conditional sales contracts, among…