PRICE, Judge.
On March 14, 1950 Aaron Benjamin secured from Nathan Rosen a diamond ring and watch chain, paying no part of the purchase price in cash. He signed and delivered to Rosen a deduction slip, to be turned over to his employer, The Western Railroad Company, authorizing the company to withhold from his wages the amount of each month's installment, and entered into the following contract for the payment of the purchase price of the property:
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