Federico v. Universal CIT Credit Corporation

Defendant in error, as plaintiff in the trial court, instituted a replevin action alleging its right to the immediate possession of a certain Ford automobile. Trial to the court resulted in judgment in its favor. Plaintiff’s alleged ownership derives from a chattel mortgage given in Ft. Worth, Texas, by one Thomas Parks, the mortgagor of the vehicle here involved, to secure a loan in the amount of $2506.20.

In conformity with the laws of Texas, plaintiff’s mortgage had been duly filed and the lien had been noted on the face of the Texas Certificate of Title. This Certificate had been retained…