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DOLLAR MOTORS v. JEFFERSON CREDIT

11 A.D.2d 354 (1960)

Dollar Motors, Inc., Respondent, v. Jefferson Credit Corporation, Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

October 25, 1960.

Attorney(s) appearing for the Case

Samuel Schwartz of counsel (Melvin C. Cohen with him on the brief, Rood & Schwartz, attorneys), for appellant.

Kenneth M. Stark of counsel (Bendes, Stark & Amron, attorneys), for respondent.

RABIN, J. P., STEVENS and EAGER, JJ., concur.

McNALLY, J.

The action is one for a judgment declaring the rights of the parties under the agreements between them dated, respectively, October 15, 1956 and April 17, 1957. Plaintiff-respondent is engaged in the business of selling automobiles at retail. Defendant-appellant is a finance company.

The agreement of October 15, 1956, provides, in substance, that upon the purchase by defendant of any promissory...

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