General Motors Acceptance Corporation v. Coller

ARANT, Circuit Judge.

This is an appeal from a decision denying to appellant the status of a secured creditor of Charles K. Thomas, a bankrupt. The mortgage upon which appellant relied was held to be void under a Michigan statute relative to the filing of chattel mortgages.

Appellant’s claims were based upon two purchase money mortgages covering automobiles, originally executed in favor of Brophy Chevrolet Sales of Kalamazoo, and by it immediately assigned to appellant. The first mortgage was executed January 8, 1938, and filed on January 14, 1938; and the second was executed January 19, 1938,…