State ex rel. J. L. Isaacs Wall-Paper Co. v. William Barr Dry-Goods Co.

— Mrs. Kingsbury executed a chattel mortgage on her household goods January 13, 1888. The mortgage secured two promissory notes of even date for $285 and $875, respectively, and payable one day after date to the order of the wall-paper company, who is plaintiff in this suit. The instrument provided that the mortgagor niight remain in possession of the property until default, and that, in case of default and foreclosure by sale, the $285 note should first be paid out *98■of the proceeds and the other note next. The smaller note represented an indebtedness of Mrs. Kingsbury to the plaintiff, and…