Baton Rouge Rice Mill, Inc. v. Fairbanks, Morse & Co.
Supreme Court of Louisiana
1Opinion of the CourtLand, J.
In the summer of 1920, while Burgin Bros, were erecting a rice mill on a tract of land owned by Robert A. Hart, they purchased an engine from Fairbanks, Morse & Co. and installed same as a part of their plant.
The credit portion of the purchase price of the machinery was paid to Fairbanks, Morse & Co. in notes secured by a chattel mortgage, executed and recorded under the provisions of Act 198 of 1918, which provides that every chattel mortgage, as soon as recorded, shall be a lien on the property mortgaged, superior in rank to any privilege or lien arising subsequently thereto. Section 4.
In…
2Cases cited6 opinions
- Ogden v. SaundersSupreme Court of the United States · 1827
- Butler v. GoreleySupreme Court of the United States · 1892
- Boyle v. ZacharieSupreme Court of the United States · 1832
- In re J. D. Connell Iron Works Co.Supreme Court of Louisiana · 1915
- Orr v. LissoSupreme Court of Louisiana · 1881
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- Caldwell v. Laurel Grove Co.Supreme Court of Louisiana · 1934
- Bank of Winnfield v. Olla State BankLouisiana Court of Appeal · 1929
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