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MASSEY-FERGUSON, INC. v. EASTERWOOD

No. 7195.

363 S.W.2d 897 (1962)

MASSEY-FERGUSON, INC., Appellant, v. Carl EASTERWOOD, Appellee.

Court of Civil Appeals of Texas, Amarillo.

Rehearing Denied January 7, 1963.

Attorney(s) appearing for the Case

Simpson, Adkins, Fullingim & Hankins, Amarillo, for appellant.

Moran & Miller, Dimmitt, for appellee.

NORTHCUTT, Justice.

In January of 1954, Lesly-Vaughn Motor Co., sold appellee, Carl Easterwood, five new diesel tractors for a total sales price of $25,308.00. Appellee traded in some used tractors for which he received an allowance of $9,841.80. Interest was figured into the balance owed, and on January 26, 1954, appellee gave a chattel mortgage and note for $17,055.14, representing the balance owed on the tractor trade. The note was made payable to Lesly-Vaughn...

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