ARK.] HOOVER V. MURDOCK ACCEPTANCE CORP. 181 HOOVER V. MURDOCK ACCEPTANCE CORPORATION. 5-308 • 264 S. W. 2d 838 Opinion delivered February 22, 1954. REPLEVIN—BOND FOR RETENTION OF PROPERTY— SURETYSHIP.—One who executed a bond in order to permit the purchaser of an automobile to retain the property after default in payments had occurred will not be relieved because the purchaser pleaded usury, the seller having prevailed in its possessory action. Appeal from Jefferson Circuit Court ; Henry W. Smith, Judge ; affirmed. Hendrix Rowell, for appellant. Bridges & Young, for appellee. GRIFFIN SMITH, Chief Justice. Under a conditional sales contract dated April 1, 1952, Ritchey Motor Company sold to Lawrence D. Hoover a used Plymouth automobile for $1,110. After the account had been credited with $300, the balance was payable in fifteen monthly installments of $54. Ritchey at once sold the contract to Murdock Acceptance Corporation. The purchaser 's default prompted replevin. The action was met by a plea of usury, in reliance upon Schuck v. Murdock Acceptance Corporation, 220 Ark. 56, 247 S. W. 2d 1. The Schuck opinion was announced February 11, 1952. A kindred case—Hare v. General Contract Purchase Corporation, 220 Ark. 601, 249 S. W. 2d 973,—was handed down May 26, 1952. Appellee's action was filed May 14, 1952, and Hoo-ver 's retention bond with Johnnie Neal as surety was
1$2 [223: executed the .following day. It is contended that the surety should be released, notwithstanding the trial court's determination that Murdock was protected by the Hare case caveat. One difficulty is that Neal's suretyship was an independent undertaking. He promised to make good any loss Murdock might sustain by reason of Hoover's retention of the car. It has now been determined that Mur-dock was entitled to possession at the time Neal came to Hoover's assistance. Neither the record nor the bill of exceptions is abstracted, the tacit admission being that under the Hare case Murdock was entitled to prevail. Substance of Hoover's argument is that because the court extended grace in the Hare case' the same sense of fairness should prompt acquiescence in the suggestion that appellant's surety be relieved. It should be remembered that at the time Neal undertook to indemnify Murdock it had not been judicially found that the Ritchie-Hoover contract was tainted; nor as yet has there been such a determination. It follows that the judgment must be affirmed.
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