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COMM. CREDIT CORP. v. SMITH

No. 4276

353 P.2d 905 (1960)

COMMERCIAL CREDIT CORPORATION, a Maryland Corporation, Appellant, v. Clark SMITH, d/b/a Phoenix Auto Auction, and Ted Claremont, Respondents.

Supreme Court of Nevada

July 8, 1960

Attorney(s) appearing for the Case

Calvin C. Magleby, of Las Vegas, for appellant.

James L. Wadsworth, of Las Vegas, for Respondents.

BADT, Justice.

The question presented is whether the owner of an automobile who sells a car to a used-car-lot dealer, with title certificate attached to a 20-day draft on the purchaser sent to a bank with instructions to deliver the certificate on payment of the draft, permitting the purchaser in the meantime to hold the car on his sales lot for sale, has so clothed the purchaser with indicia of title as to estop the owner from asserting his title as against a credit...

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