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SPIRES v. NORTH AMERICAN ACCEPTANCE CORPORATION

No. 24710.

383 F.2d 745 (1967)

Bessie A. SPIRES, Appellant, v. NORTH AMERICAN ACCEPTANCE CORPORATION, Appellee.

United States Court of Appeals Fifth Circuit.

October 10, 1967.

Attorney(s) appearing for the Case

Emmet J. Bondurant, Atlanta, Ga., Douglas McKay, Jr., Columbia, S. C., for appellant.

H. Fred Gober, Atlanta, Ga., for appellee. Arnall, Golden & Gregory, Atlanta, Ga., of counsel.

Before TUTTLE, BELL and SIMPSON, Circuit Judges.

BELL, Circuit Judge:

Mrs. Spires brought suit to recover $8,557.21 alleged to be due under certain dealer reserve certificates and $50,000 in punitive damages based on the claimed conversion of the sums due under the certificates. Mrs. Spires was engaged in the business of selling house trailers. During the course of her business she discounted conditional sales contracts and similar commercial paper secured by the trailers...

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