GLOBE SLICING MACHINE CO., INC. v. Casco Bank & Trust Co.

This is an action in trover by a conditional vendor against a mortgagee from the purchaser to recover the agreed value of certain personal property. The case is reported to us on an agreed statement. The decision turns on the effectiveness of the recording of the conditional sale agreement.

On February 4, 1952, the plaintiff as seller executed a conditional sale agreement with “Gills Self Service Mkt” as the named purchaser signed “Gills Self Service Mkt, by Frank M. Gill,” with the usual provisions for retention of title in the vendor until payment was made of the entire purchase price. The…