J. Bornstein & Sons v. Allen

In this action for conversion, the contention between a chattel mortgagee and a conditional sale vendor arises from this state of facts: The Cascades Hotel Company owned a hotel plant and equipment, and on June 19, 1920, executed a chattel mortgage to the appellants to secure a loan of $6,000. The mortgage included after-acquired property and was recorded on June 23. On June 29 the hotel company borrowed an additional $2,000 from the appellants ; the note evidencing this loan was unsecured. On May 6, 1920, the respondent, a dealer in dishes and silverware, took an order from the hotel company…