NOBLE GILL PONTIAC v. BASSETT

No. 5-1111.

297 S.W.2d 658 (1957)

NOBLE GILL PONTIAC, Inc., Appellant, v. J. L. BASSETT, Appellee.

Supreme Court of Arkansas.

January 14, 1957.


Attorney(s) appearing for the Case

Roy & Roy, Blytheville, for appellant.

James M. Gardner, Blytheville, for appellee.


ROBINSON, Justice.

The issue here is whether the seller of an automobile who has repossessed the car under a title retaining contract can sell the vehicle for less than the amount owed thereon at the time of repossession, and then collect the deficiency from the first purchaser. Appellee, J. L. Bassett, purchased an automobile from appellant, Noble Gill Pontiac, Inc.; $1255.76 was paid in cash, leaving a balance of $1491.60 to be paid in monthly instalments. Among...

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