In re Riordan

FISHER, District Judge.

This is an appeal by mortgagee, Gulf Port Arthur Credit Union, from ruling by Referee that no lien existed. On November 1, 1957, the unsecured claimant herein, A. E. Rosenthal (in whose favor the Referee decided) executed a *6promissory note and chattel mortgage on certain cafeteria fixtures and equipment to the Appellant, Gulf Port Arthur Credit Union. This mortgage carefully itemized the equipment and was duly recorded, but did not state where the equipment was located. On January 22, 1962, a release was executed by Gulf Port Arthur Credit Union as to only one air…