March 26, 1973.
LEWIS, Justice:
Plaintiff, Stephenson Finance Company, Inc., and defendant, W.D. McIntyre, d/b/a Mac's Used Cars, entered into a security agreement on April 25, 1968, under which plaintiff financed the purchase of automobiles by defendant on a "floor-plan" basis for resale and then purchased the retail contracts when the defendant sold the vehicles. The parties transacted business under the security agreement until August 2, 1971, when plaintiff...
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