Rock Island Plow Co. v. Maynard Savings Bank

The plaintiff sold the property in question to an implement dealer, .under an agreement that the title ■thereto should not pass to such dealer’ -(intil it was paid for. This conditional contract was not recorded, nor did the de*641fendant bank have notice or knowledge thereof before the institution of this suit. At the time this contract was made and the property delivered to the dealer, the Maynard Savings Bank held a chattel mortgage upon the dealer’s stock, which did not cover after acquired property. The stock covered by the mortgage, as well as the property in question, was taken possession…