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UNIVERSAL DEALERS CO. v. CROMELIN

No. 7292.

109 F.2d 828 (1939)

UNIVERSAL DEALERS CO. v. CROMELIN.

United States Court of Appeals for the District of Columbia.

Petition for Rehearing Denied January 27, 1940.

Attorney(s) appearing for the Case

William E. Richardson, of Washington, D. C., for appellant.

Francis C. Brooke, of Washington, D. C., for appellee.

Before GRONER, Chief Justice, and STEPHENS and MILLER, Associate Justices.

PER CURIAM.

On June 11, 1936, and again on September 4, 1936, Nolan Motor Company borrowed money from Universal Dealers Company, appellant herein, and gave as security therefor chattel mortgages1 of the same dates, each covering virtually all of its tangible assets. By the terms of the second of these mortgages the borrower assumed the full obligation of the first; consequently, for the purposes of this case, it is the mortgage of September...

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