Elster's Sales v. El Bodrero Hotel, Inc.

Elster’s, the seller of restaurant equipment, sought to recover in rounded figures $13,000 from El Bodrero, the buyer, on a defaulted conditional sales contract. El Bodrero cross-complained for $2,500, contending that on repossession and resale of the equipment Elster’s had realized a surplus above the amount of the debt El Bodrero owed under its contract. Judgment went for El Bodrero for $2,500 plus interest from the date of resale, and Elster’s appeals.

In May 1961 Elster’s had sold restaurant equipment under conditional sales contract to El Bodrero for $72,000. In July 1962 El Bodrero…