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COLONIAL LEASING CO., NEW ENG., INC. v. TRACY

557 P.2d 639 (1976)

276 Or. 1193

COLONIAL LEASING COMPANY OF NEW ENGLAND, Inc., a Massachusetts Corporation, Doing Business As Colonial-Pacific Leasing CO., Respondent, v. Richard E. TRACY, Appellant.

Supreme Court of Oregon, In Banc.

Decided December 30, 1976.

Attorney(s) appearing for the Case

Glenn D. Ramirez, Klamath Falls, submitted briefs for appellant.

H.F. Smith, Klamath Falls, submitted a brief for respondent.

McALLISTER, Justice.

Plaintiff Colonial Leasing Company leased to defendant a machine to bale cardboard and other kinds of paper. Plaintiff brought this action to recover the unpaid balance which it alleged had become due under the lease because of defendant's default. The case was tried before a jury, but the trial court granted plaintiff's motion for a directed verdict and entered judgment for plaintiff.

Plaintiff is in the business of leasing equipment...

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