In re Ideal Steel Wheel Co.

AUGUSTUS N. HAND, Circuit Judge.

On January 8, 1923, F. C. Wille loaned $6,665 to Harvey Rim & Wheel Company, a New York corporation, on its promissory note, and, on the same date, took as collateral security a mortgage on divers chattels in the factory of tbe company at Buffalo, N. Y. This mortgage was not filed until July 8,1923, so that, while invalid as to creditors of the Harvey Rim & Wheel Company existing prior to the date of filing, it was good as to those subsequent. Matter of Reuben L. *652Myers et al. (C. C. A.) 24 F.(2d) 349. It had also, to remain valid, to be refiled within one year…