In re Webster Loose Leaf Filing Co.
District Court, D. New Jersey
In Bankruptcy. In the matter of the Webster Loose Leaf Filing Company, bankrupt. On review of an order of the referee sustaining in part the validity of a chattel mortgage executed by the bankrupt corporation to one of its directors. Order reversed, and mortgage held invalid:
1Opinion of the Court
DAVIS, District Judge.
This cause is before this court on review of an order made by the referee in bankruptcy sustaining in part the validity of a chattel mortgage for $10,000 executed by the Webster Loose Leaf Filing Company, a corporation, on March 15, 1915, to Anita L. Pearson, one of the directors of said company.
I find it unnecessary to consider all of the errors assigned and exceptions taken to the order.
[1] The referee found that the mortgage was not recorded immediately, in accordance with the requirements of the New Jersey statute which provides:
“That every mortgage or conveyance…
2Cases cited11 opinions
- Holcombe v. Trenton White City Co.New Jersey Court of Chancery · 1912
- Curtin v. Salmon River Hydraulic Gold Mining & Ditch Co.California Supreme Court · 1900
- Bollschweiler v. Packer House Hotel Co.New Jersey Court of Chancery · 1914
- Wall v. Utah Copper Co.New Jersey Court of Chancery · 1905
- Dunham v. CramerNew Jersey Court of Chancery · 1902
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3Cited by11 opinions
- Matter of Giggles Restaurant, Inc.United States Bankruptcy Court, D. New Jersey · 1989
- McClean v. BradleyDistrict Court, N.D. Ohio · 1922
- Piccard v. Sperry CorporationDistrict Court, S.D. New York · 1943
- Whicher v. Delaware Mines Corp.Idaho Supreme Court · 1932
- Fields v. Victor Building & Loan Co.Supreme Court of Oklahoma · 1918
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