Commercial Credit Corp. v. Podhorzer

Plaintiff sues in a replevin action as assignee of a conditional bill of sale agreement dated July 20, 1926, covering one Chevrolet truck, to recover possession thereof and damages for its unlawful detention.

On July 20, 1926, the defendant Jonas Podhorzer purchased an automobile on the deferred payment plan. At the time of such purchase he executed a conditional sales contract by which legal title to the automobile remained in the vendor, or its assigns, until final payment of the twelve equal monthly installments. The purchaser defaulted when the first installment became due *645on August 20,…