Druck v. Plastic Sheeting Co.

This is a suit to foreclose a chattel mortgage executed by the defendant Plastic Sheeting Company. The United States of America and the County of Multnomah were joined as defendants for the purpose of adjudicating their respective lien claims for taxes. The interest of the United States is not involved in this appeal.

The mortgage in question was executed on Oc*188tober 29, 1951 by tbe defendant Plastic Sheeting Company to C. H. and Matilda S. Farrington to secure a promissory note in the amount of $76,000. On February 17, 1953 the note was renewed and incorporated into a note for a larger amount.…