North American Manufacturing, Inc. v. Crown International, Inc.

The sole issue to be decided is whether under RSA 447:12-a (Supp. 1973), effective August 30, 1971, plaintiffs’ mechanics liens for labor and materials perfected on June 16 and July 7,1972, have precedence over defendants’ building loan agreement and trust-mortgage covering the premises in question which were executed on February 10, 1971, and the mortgage recorded on February 12, 1971. This question of law was reserved and transferred, on an agreed statement of facts of the parties concerned, by King, J., in advance of ruling on defendants’ motions to dismiss plaintiffs’ actions.

Plaintiffs,…