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  5. 296 S.W.2d 894 (1956)
 

J. I. CASE COMPANY v. BOOTHE

No. 5-1096.

296 S.W.2d 894 (1956)

J. I. CASE COMPANY, Appellant, v. Harry BOOTHE et al. Appellees.

Supreme Court of Arkansas.

Rehearing Denied January 21, 1957.

Attorney(s) appearing for the Case

Rose, Meek, House, Barron & Nash, and Phillip Carroll, Little Rock, J. B. Reed, Lonoke, for appellant.

J. F. Holtzendorff, Hazen, and Frances D. Holtzendorff, Little Rock, for appellees.

HOLT, Justice.

On March 20, 1954, Anderson Brothers, hardware dealers in Carlisle, Arkansas, sold to Boothe a J. I. Case combine for $7,731.49, and Boothe executed a title retaining note and sales contract for said purchase price. Anderson Brothers and Boothe discounted this note and contract to a bank at Hazen, and both endorsed it with recourse. The note was to be paid in installments, and when endorsed to the bank the principal of the note had been reduced to ...

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