Wilson

Coachella Valley State Bank v. Wilson

Good Law
83 Cal. App. 366·256 P. 844
Court of Appeal of CaliforniaMay 25, 1927Docket No. 4845.California1,197 words

Opinion

Lead Opinion

Houser, J.

This is an appeal from a judgment in favor of the plaintiff in an action of conversion brought against defendant as sheriff.

It appears that one Bellue bought an automobile truck on a conditional sales contract; that he failed to meet several of the installments when they became due, and as a consequence that he was about to lose the truck; that thereupon he induced the plaintiff hank to help him out of his difficulty, which was done by having the assignee of the seller of the truck assign its interest in the truck and the conditional sales contract to the plaintiff. In addition thereto, Bellue gave to plaintiff his promissory note for the balance due on the truck, plus the amount of money paid by the plaintiff for an insurance policy thereon—for all of which Bellue deposited with and pledged to the plaintiff as collateral security for the payment of the note an automobile sales contract covering not only the truck in question, but as well another truck described in the pledge. Thereafter, by virtue of a writ of attachment issued in an action brought by a third party against Bellue, the defendant herein as sheriff took possession of the truck which is the subject of this…

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