Court Opinion

ID: 9725313
Source: CourtListenerOpinion
Date Created: 2023-08-26 11:40:29.708748+00
Date Added: 2024-06-11T18:25:13.884731
License: Public Domain

Boslaugh, J.,
dissenting.
I respectfully dissent from the holding of the majority in this case.
The purchase order referred to in the majority opinion contained all of the essential information concerning the transaction including the number and amount of *639installment payments, to be made.' The defendant testified that he read the purchase order, and that he understood it. The defendant also testified that at the time he signed' the purchase order he received an invoice which stated the “total cash price” and “total time price” for the automobile.
This is a law action in which the findings of the court have the effect of a verdict’ of a jury. It is a question of fact as to whether the transaction was a time sale made in good faith or a loan made in violation of the Installment Loan Act. The burden of proof was on the defendant to establish that the transaction was a loan.
In my opinion the evidence is sufficient to sustain the judgment of the trial court and the judgment should have been affirmed.
I am authorized to state that Judge Brower concurs in this dissent.