Frank v. Equitable Credit & Discount Co.

Gordon, Jr., P. J.,

This is a bill in equity by a borrower against a lender to compel the surrender to plaintiff of the title papers to an automobile and the cancellation of a bailment lease of the car which had been pledged to defendant as collateral for a loan made in violation of the Small Loans Act of June 17, 1915, P. L. 1012, as amended by the Act of May 28,1937, P. L. 989. The case is before us upon bill, answer, and proofs. The bill avers that plaintiff had obtained a loan of $205.45 upon the security of his automobile from one C. M. Dashiell of Wilmington, Del.; that in negotiating…