Mills v. Pope

1. On the trial of a claim to personalty the court charged the jury as follows: “When a promissory note for the purchase-money of personal property, which contains a reservation of title to the property in the payee until the note is paid, is by the payee transferred for value to a third person without recourse, the title reserved for securing the payment of the debt is divested; and if at the time of such transfer the title so held is not likewise transferred to the purchaser of the note as a security in his hands, }t vests in the maker, and the transferee becomes an ordinary creditor of…