In 1980, James K. Sterritt (hereinafter Sterritt), doing business as Flo's Valley Farm in the Village of Valatie, Columbia County, entered into a retail installment contract with defendant Heins Equipment Company, Inc., to purchase two wagons and forage boxes to be paid for in 36 equal payments. Heins assigned its security interest in the farm equipment to defendant Sperry Rand Corporation, Sperry New Holland Division. When Sterritt defaulted...
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