Ferris v. Chambers

The question presented by this review is, whether or not, under Section 520 Revised Statutes, the filing of a sworn statement on the date of the maturity of the indebtedness, secured by a chattel mortgage, will operate as an extension of the lien, as against a purchaser who buys the mortgaged property more than thirty days after the maturity of the indebtedness. The part of the section which requires notice is as follows:

*369“The lien of any chattel mortgage given to secure the payment of any indebtedness, which has been duly admitted to record as provided by law, may, at any time within thirty…