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Motor Credit Corp. v. Ray Guy''s Trailer Court Inc.

Decided: December 23, 1949.

MOTOR CREDIT CORPORATION, A CORPORATION OF THE STATE OF DELAWARE, PLAINTIFF,
v.
RAY GUY'S TRAILER COURT, INC., A NEW JERSEY CORPORATION, DEFENDANT



Waesche, J.s.c.

Waesche

Plaintiff sues to recover the possession of a palace house trailer, 1937 model, serial number 1704, together with all equipment.

On January 22, 1947, Edna Covey sold to Steven M. Gray the above described trailer. The contract of sale was executed and the sale was consummated in the State of Florida. The contract of sale, in part, provides as follows:

"The undersigned seller hereby sells, and the undersigned purchaser, * * * hereby purchases, subject to the terms and conditions hereinafter set forth, the following property, complete with standard attachments and equipment, delivery and acceptance of which is hereby acknowledged by purchaser, viz:

USED -- PALACE HOUSE TRAILER -- 1937 MODEL -- SERIAL NUMBER 1704 -- ALL EQUIPMENT.

For a total price of $1425.68

Payable in an amount on or before delivery of 550.00

Leaving a deferred balance of 875.68

Payable at the office of Motor Credit Corporation of Michi-

gan to be hereafter designated in installments of 16 at 54.73

1. Title to said property shall not pass to purchaser until said amount is fully paid in cash.

2. * * * assignee shall be entitled to all the rights of seller.

3. In the event purchaser defaults on any payment due on this contract or fails to comply with any condition of this contract * * * the full amount ...


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