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RANGE PONTIAC SALES CO. v. DICKINSON

258 S.W.2d 770 (1953)

RANGE PONTIAC SALES Co. et al. v. DICKINSON.

Supreme Court of Tennessee.

On Petition to Rehear June 5, 1953.

Attorney(s) appearing for the Case

Shull & Wall, Elizabethton, E. Ray Hauk, of Kingsport, and White, Gullett, Farrell & Phillips, Nashville, for plaintiff in error.

Henry C. Foutch, Asst. Atty. Gen., for defendant in error.

TOMLINSON, Justice.

Range Pontiac Sales Company sold one Ed Ayers an automobile. In part payment Ayers executed a note of $1,410, and title to this automobile was retained to secure payment of this note. The Sales Company at once sold this note to the Citizens Bank of Elizabethton, endorsing it with recourse. Neither the Sales Company nor the Bank had any information at this time that Ayers had a reputation (if he did have) of being a violator of the Federal or State...

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