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GUSTAFSON v. GENERAL MOTORS ACCEPTANCE CORP.

Civ. No. 71-26C.

337 F.Supp. 406 (1972)

C. M. GUSTAFSON v. GENERAL MOTORS ACCEPTANCE CORP.

United States District Court, D. South Dakota.

January 26, 1972.

Attorney(s) appearing for the Case

Charles Rick Johnson, Gregory, S. D., for plaintiff.

John B. Wehde, Huron, S. D., for defendant.

MEMORANDUM DECISION

BOGUE, District Judge.

Colonel Gustafson had been in the business of selling automobiles since the late 1940's. In 1962 Gustafson bought an automobile dealership, Colonel Motors, Inc., in Pierre, South Dakota. From the early 1950's until 1969 Gustafson had financed his automobile business primarily through the General Motors Acceptance Corporation (hereinafter known as GMAC).

According to Gustafson's agreement with GMAC, the financing...

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