Folsom v. Peru Plow & Implement Co.

Albert, C.

In March, 1900, one Adam Berkheámer executed an instrument, which the parties hereto have seen fit to treat as a chattel mortgage on certain farming implements, to secure a bona, fide indebtedness; the mortgagor retained possession of the property. In November of the same year the mortgagor died, and on the 5th day of the following December C. N. Folsom was appointed administrator of the estate, and,' as such administrator, took possession of the mortgaged property. The mortgage was not filed for record until the 29th day of March, 1901, after the administrator had taken possession…