FRIENDLY FINANCE CORPORATION v. QUINN

No. 98.

61 S.E.2d 192 (1950)

232 N.C. 407

FRIENDLY FINANCE CORPORATION v. QUINN.

Supreme Court of North Carolina.

September 27, 1950.


Attorney(s) appearing for the Case

Talmadge L. Narron, Wilson, for plaintiff-appellee.

Lucas & Rand and Z. Hardy Rose, all of Wilson, for defendant-appellant.


BARNHILL, Justice.

At common law a conditional sale contract is valid and effective even as against creditors and bona fide purchasers for value from the conditional vendee. Under the reservation of title in the vendor, no assignable title vests in the conditional vendee. 47 A.J. 42, 43, 110. Instead, it vests absolute title in the vendor and he is entitled to recover in replevin or trover from any purchaser from the vendee or other person in possession, Dunbar v...

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