Minnehoma Financial Co. v. Johnson

RENFRO, Justice.

The appellant, Minnehoma Financial Company, appeals from a judgment denying it recovery against appellees, J. W. Smith and S. R. Thrasher, Jr., sureties on a replevy bond.

Appellant bought from Bill Johnson, a trailer coach dealer, five conditional sales contracts executed by Brewer, Eley, Greer, Kennon and Randall, respectively. Each conditional sales contract represented the sale of a Spartan Aircraft Trailer Coach by Bill Johnson to one of the above named persons and was a note for part of the purchase price, secured by a chattel mortgage on the trailer coach. By contract…