Sadler v. Banaff
New Jersey Court of Chancery
On final hearing. On bill to set aside chattel mortgage..
1Opinion of the Court
Leaking, V. C.
Complainant is a judgment creditor of defendant George Banaff, and has levied an execution on certain farming implements and farm stock owned by the judgment debtor. By this suit complainant seeks to set aside a certain chattel mortgage which, if valid, is a prior lien to the lien of complainant’s ■execution.
The chattel mortgage is challenged by complainant as fraudulent, and is also challenged under the claim that the affidavit of consideration, annexed to the mortgage, is insufficient.
I am satisfied that the mortgage was executed in good faith to secure the indebtedness which…
2Cited by3 opinions
- Lessler v. Paterson National BankNew Jersey Court of Chancery · 1925
- In re WoolfDistrict Court, D. New Jersey · 1941
- Resnick v. Jefferson Holding & Building Corp.Supreme Court of New Jersey · 1936