Fox v. Young

PELPHREY, Chief Justice.

During June, 1933, J. A. Handy purchased an electric doughnut machine from George H. Verbeck of Buffalo, N. Y., for $350. The sum of $200 was paid in cash, and the remainder of $150 was secured by a chattel mortgage duly filed in the county clerk’s office of El Paso county, Tex. On January 24, 1934, the $150 debt was transferred and assigned to appellee. This assignment was not filed for record. Handy on January 17, 1934, executed a note payable to appellee in renewal of the note theretofore given to Verbeck. In July, 1933, Handy gave another mortgage on the machine to…