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FORD MOTOR CREDIT CO. v. FREELAND

No. 11573.

245 So.2d 446 (1971)

FORD MOTOR CREDIT CO., Plaintiff-Appellee, v. Jerry M. FREELAND, Defendant and Third-Party Plaintiff-Appellee, v. RIVERS FORD, INC., Third-Party Defendant-Appellant.

Court of Appeal of Louisiana, Second Circuit.

March 2, 1971.

Attorney(s) appearing for the Case

Pipes & Pipes by Wm. F. Pipes, Jr., Monroe, for appellant.

Ellis & Ellis by Carey J. Ellis, Jr., Rayville, for appellee.

Before AYRES, BOLIN and PRICE, JJ.

BOLIN, Judge.

On September 18, 1968, Jerry M. Freeland purchased a 1967 model "Shelby American GT 350" automobile from Rivers Ford, Inc., Monroe, Louisiana. Freeland made a down payment of $732.43 and financed the balance of $2794.07 by means of a chattel mortgage and note which was endorsed to Ford Motor Credit Company. Freeland failed to timely pay the first monthly installment on the note and the holder foreclosed and sold the car under executory process. Ford...

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