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POLI v. NATIONAL BANK OF DETROIT

Docket No. 39, Calendar No. 47,928.

355 Mich. 17 (1959)

93 N.W.2d 925

POLI v. NATIONAL BANK OF DETROIT.

Supreme Court of Michigan.

Decided January 12, 1959.

Attorney(s) appearing for the Case

Joseph A. Gillis (Donald J. Prebenda, of counsel), for plaintiff.

Colombo, Colombo & Colombo (Anthony A. Vermeulen, of counsel), for defendant.

KELLY, J.

On June 23, 1955, plaintiff, a minor, 17 years of age, purchased from the Funston Chevrolet Company an automobile for $2,773.37, paying therefor $120 cash, trading a used automobile for the agreed value of $623.37, and executing, to secure the balance of the purchase price, a purchase money chattel mortgage and note for $2,284.80, payable in 30 monthly instalments of $76.16 each. Said purchase money mortgage and note were indorsed and assigned to the defendant...

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