Mondie v. General Motors Acceptance Corp.

In July, 1930, Norton-Johnson Buick Company sold a Buick automobile to the plaintiff in error, John C. Mon-die, and the parties entered into a written contract reciting that the price of the car was $2,0S5.90, $665.90 to be paid upon delivery of the car, and the balance, $1,435' to be paid in installments of $80 per month, installments after maturity to draw interest “at the highest lawful contract rate.”

The contract provided that title to the oar should not pass to the purchaser until the amount was paid in full in cash, and provided further that in case of default on any payment due on the…