IMPERIAL THRIFT & LOAN v. FERGUSON

Docket No. 9400.

155 Cal.App.2d Supp. 866 (1957)

318 P.2d 566

IMPERIAL THRIFT AND LOAN (a Corporation), Appellant, v. RAY FERGUSON et al., Respondents.

Court of Appeals of California, Appellate Department, Superior Court, Los Angeles.

November 19, 1957.


Attorney(s) appearing for the Case

Ronald C. Roeschlaub for Appellant.

J. Gregg Evans for Respondents.

Before Bishop, P.J., and Kauffman, J.


THE COURT.

The plaintiff sought to recover the balance due, under a conditional sale contract for the purchase of an automobile, after it had been repossessed and sold following the purchaser's default. Recovery was denied the plaintiff on the theory that credit for the time price differential should be allowed. We are reversing the judgment because we have reached the conclusion that this theory was unsound....

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