COMMERCE ACCEPTANCE COMPANY v. CAMPBELL

No. 39355.

368 P.2d 496 (1962)

COMMERCE ACCEPTANCE COMPANY, Inc., a Corporation, Plaintiff in Error, v. Howard CAMPBELL, an individual, doing business under the name of Muskogee Motors, Defendant in Error.

Supreme Court of Oklahoma.

January 23, 1962.


Attorney(s) appearing for the Case

Julian B. Fite, A. Carl Robinson, Muskogee, for plaintiff in error.

Chester Norman, Carl Wheeler, Muskogee, for defendant in error.


WELCH, Justice.

On March 1, 1958, plaintiff, Howard Campbell, an individual doing business under the name of Muskogee Motors, and defendant, Commerce Acceptance Company, Inc., a corporation, entered into a general repurchase agreement, which among other covenants provided: that defendant would from time to time purchase all acceptable notes, chattel mortgages, conditional sales contracts, lease agreements or other security...

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