National Bank of Emmetsburg v. Chapman

Plaintiff’s' chattel mortgage was dated April 25, 1924, and covered certain personal property. It was given to secure a note of $2,079.00 of even date therewith. This mortgage was never recorded. On November 3, 1928, Thomas Chapman gave to his brother, D. B. Chapman, a bill of sale of the personal property involved herein in settlement of all indebtedness then owing by Thomas to D. B. Chapman. The original notice in the foreclosure was served on the 15th day of October, 1928, and the petition filed October 25, 1928. Decree of foreclosure was entered against Thomas Chapman on November 7, 1928.

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