Cutler v. Steele

The bill in this case was filed to foreclose a chattel mortgage, executed by defendant Steele to complainant. The other defendants were creditors of defendant Steele, obtained judgments against him, and, under executions, levied upon the property covered by the mortgage. The case was heard in open court, and decree rendered holding the mortgage to be a valid lien upon the property; that the amount due thereon was $40,768.07; that the amount due from Steele to the Webbers was $5,354.25; that the amount due the defendant bank was $5,311.71; and that the liens of these defendants as judgment…