Daniel v. Universal C. I. T. Credit Corp.

HALE, Justice.

Appellee sued appellant for damages on account of the alleged breach of a “Retail Protection Agreement For Automobile Dealers” dated October 21, 1948, hereafter referred to as the protection agreement-On December 21, 1948, R. D. Spann purchased a new Hudson automobile, hereafter referred to as the car, from appellant at the agreed price of $3742.32. Spann paid $1110 in cash or trade-in value and executed a combination note and chattel mortgage-covering the car for the balance of the purchase price, the note being payable in 18 equal monthly installments of $146.24 each. For a…