Perry Auto Co. v. Mainland

June 17, 1939, Claire (Clair) Mainland, then 19 years of age, purchased a 1933 automobile from Perry Auto Company for $300, plus $35.15 finance charges. As the down payment Claire- transferred to the Auto Company his equity .in a 1930 car valued at $50. The balance' of $285.15 was represented by a note which was payable at the rate of $10 per month and was secured by a contract of conditional sale. Because Claire was a minor the- Auto Company required and secured the signature of his mother, Garnett Mainland, as surety on said note and contract. September 15, 1939, the car was damaged in a…