Roe v. Meding
Supreme Court of New Jersey
On appeal from a decree advised by Vice-Chancellor Pitney, in Meding v. Roe, who delivered the following opinion. Bill by Charles E. Meding, as receiver of the Butler Silk Manufacturing Company, an insolvent corporation, to declare void a chattel mortgage upon its plant held by Madeline A. Roe •and one Todd. Decree granted.
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On appeal from a decree advised by Vice-Chancellor Pitney, in Meding v. Roe, who delivered the following opinion. Bill by Charles E. Meding, as receiver of the Butler Silk Manufacturing Company, an insolvent corporation, to declare void a chattel mortgage upon its plant held by Madeline A. Roe •and one Todd. Decree granted. This bill is filed by a receiver of an insolvent corporation, appointed by this court, against a party holding a mortgage •upon the chattels of the corporation.. Its object is to obtain a decree of this court declaring the mortgage void. The complainant bases his equity on…
1Opinion of the Court
The opinion of the court was delivered by
Van Syckel, J.
This bill is filed by the receiver of an insolvent corporation, appointed by the court of chancery, against Madeline A. Roe, who holds a mortgage upon the chattels of the corporation, to obtain a decree declaring the mortgage void as to creditors. Between the time of giving the mortgage and its filing for record, the corporation continued its business and incurred large liabilities, which were unpaid when the receiver was appointed.
*366This appeal is taken from the decree of the court of chancery -declaring the mortgage void as to the…
2Cited by6 opinions
- Riedinger v. Mack Machine Co., C., Inc.New Jersey Court of Chancery · 1934
- Smith v. Commercial Credit Corp.New Jersey Court of Chancery · 1933
- Avon Chair Co., Inc. v. Essex Restaurant, C.New Jersey Court of Chancery · 1942
- Warner v. Cranford Printing, C., Co.New Jersey Court of Chancery · 1934
- Ruggles v. CannedyCalifornia Supreme Court · 1899
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