C. F. Medaris Co. v. Deerfield State Bank

I do not agree with the conclusions reached by Mr. Justice WEADOCK. The record, containing only four pages of testimony, is so bare that we must rely largely upon an examination of the exhibits. The mortgage to defendant took precedence over that given to plaintiff. Defendant's mortgage was filed on December 4, 1930, and, within the year provided by statute for the renewal of chattel mortgages, a second indenture was filed on December 4, 1931. Griffin v. Forrest, 49 Mich. 309. Even if the renewal had been tardy, plaintiff would not be in a position to claim rights as a subsequent purchaser in…