Industrial Bankers of Massachusetts, Inc. v. Reid, Murdoch & Co.

This is an action of tort for the conversion of an automobile, and is before this court on the appeal of the defendant from the final decision of the Appellate Division for the Northern District.

The trial judge found as follows: On May 21, 1935, the plaintiff lent $100 to Cyril E. Harper, secured by a chattel mortgage on an automobile belonging to Harper. In his application for the loan, dated May 19, 1935, Harper gave his residence as “Everett,” and his occupation as “meat cutter” employed by the First National Stores Inc., “Belmont,” for about one year. The mortgage was recorded with the…