Detroit Trust Co. v. Pontiac Savings Bank
Supreme Court of the United States
APPEAL FROM THE CIRCUIT COURT OF APPEALS FOR .THE SIXTH CIRCUIT. The facts, which involve the rights of creditors of a bankrupt as against those of the holder of an unrecorded chattel mortgage under the laws of the State of Michigan, are stated in the opinion.
1Opinion of the Court
Mr. Justice McReynolds,
Memorandum opinion by by direction of the court.
To secure his outstanding note for $2300, Coates, a resident, of Michigan and the present bankrupt, gave the Pontiac Savings Bank a mortgage upon his stock of goods, fixtures, etc., in May, 1902, which was not filed for record until the following September. Between these dates he incurred indebtedness exceeding $1400 to sundry dealers for goods sold and delivered; and it is admitted that under the laws of Michigan the mortgage was void as to them although good as between the parties thereto. In January, 1903, Coates sold…
2Cases cited2 opinions
- York Manufacturing Co. v. CassellSupreme Court of the United States · 1906
- Holt v. Crucible Steel Co. of AmericaSupreme Court of the United States · 1912
3Cited by25 opinions
- In Re Prima Co.Court of Appeals for the Seventh Circuit · 1938
- N. L. Wymard and George L. Stark, Receivers of Kemmel & Co., Inc., Debtor v. McCloskey & Co., Inc.Court of Appeals for the Third Circuit · 1965
- Detroit Trust Co. v. Detroit City Service Co.Michigan Supreme Court · 1933
- In Re WarrenDistrict Court, S.D. Ohio · 1975
- Graham v. PerryWisconsin Supreme Court · 1929
20 more not listed; retrieve them via the Exa API.