Lenehan v. Akana

Decision of

Judd, C.J.

The plaintiffs are assignees of Lee Chat, a bankrupt.

On the 27th of March, 1883, Chang Yau, a small trader in Hilo, after having heard that Lee Chat, to whom he owed a considerable sum of money, had absconded the Kingdom, made a chattel mortgage of all his stock of dry goods, provisions, etc., “and all other goods, wares and merchandise now in my store on Front street, town of Hilo,” to W. S. Akana and Acho, to secure four promissory notes in favor of Akana amounting to $800, and one in favor of Acho of $500. The notes and mortgages were made payable on demand, and…