Mossler Acceptance Corporation v. Naquin

The principal question presented in this case is whether or not a chattel mortgage drawn and recorded in accordance with Act No. 172 of 1944 is effective against an innocent third purchaser of the mortgaged property in a parish of the State where the chattel mortgage is not recorded. In my opinion, a chattel mortgage does not affect such third persons without notice in a parish where the chattel mortgage is not recorded.

Under the chattel mortgage law as contained in Act No. 198 of 1918, the mortgage did not affect innocent third persons who purchased the property in a parish where the…