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UNIVERSAL C. I. T. CREDIT CORPORATION v. SHOOK

No. 2324.

150 A.2d 635 (1959)

UNIVERSAL C. I. T. CREDIT CORPORATION, a corporation, Appellant, v. Daniel E. SHOOK, Jr., Appellee.

Municipal Court of Appeals for the District of Columbia.

Decided April 21, 1959.

Attorney(s) appearing for the Case

Charles B. Sullivan, Jr., Washington, D. C., for appellant.

No appearance for appellee.

Before ROVER, Chief Judge, and HOOD and QUINN, Associate Judges.

HOOD, Associate Judge.

In August 1957 appellee Shook purchased a new Ford automobile from Lynch Motor Company. The price, had it been a cash deal, would have been $3,324.51, but this was a time purchase. Shook paid $25 in cash and received a trade-in allowance of $1,424.48 on a 1953 Ford, less $543.48 which was owing on it. This left an unpaid balance of $2,418.51, to which was added $735.81 for finance and service charges and insurance, making a total balance of...

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