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TIME FINANCE COMPANY v. JOHNSON

No. 1367.

161 So.2d 392 (1964)

TIME FINANCE COMPANY v. Miss Margie JOHNSON, Joseph Johnson (sometimes known as Joe Johnson), and Joseph Johnson, Jr.

Court of Appeal of Louisiana, Fourth Circuit.

March 2, 1964.

Attorney(s) appearing for the Case

Pitard & Belin, Matthew F. Belin, New Orleans, for plaintiff-appellee.

Nestor F. Mills, New Orleans, for third-party defendant, Financial Adjustment Co., Inc.

Richard J. Garvey, New Orleans, for defendants-appellants.

Before SAMUEL, TURNER, and BARNETTE, JJ.

HENRY F. TURNER, Judge pro tem.

Defendant in this case, Miss Margie Johnson, purchased a used 1956 Chevrolet automobile from the Canal Auto Sales on February 1, 1962. The cash sale price was $722.00. She was allowed $100.00 on a trade-in, leaving the difference of $622.00. To this amount was added $401.60 for insurance fees and finance charges, making a total of $1,023.60. Miss Johnson executed a note secured by a chattel mortgage on the automobile providing for twenty...

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