Kaplan v. Collier

Where personal property is sold with the condition that the title thereto shall remain in the vendor until the purchase-price has been paid, the reservation of title must be evidenced in writing in order to be .valid as against “third parties” (Civil Code, § 3318); and “Conditional bills of sale must be recorded within thirty days from their date, and in other respects shall be governed by the laws relating to the registration of mortgages.” Civil Code, § 3319. Mortgages, “as against the interests of third parties acting in good faith and without notice, who may have acquired a transfer or…