Loggie v. Chandler
Supreme Judicial Court of Maine
On report. Bill in equity praying that the defendants may be restrained from perfecting foreclosure of a chattel mortgage, and claiming, first, that there is nothing due upon it; and, second, praying that if anything be due, then that the plaintiff’s may be allowed to redeem. The case appears in the opinion.
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On report. Bill in equity praying that the defendants may be restrained from perfecting foreclosure of a chattel mortgage, and claiming, first, that there is nothing due upon it; and, second, praying that if anything be due, then that the plaintiff’s may be allowed to redeem. The case appears in the opinion. Was this mortgage, as recorded, sufficient notice to a bona-fide purchaser of any claim which the defendants had by reason of their liability as indorsers on notes at Machias Savings Bank ? Counsel cited: Jewett v. Preston, 27 Maine, 400; Sawyer v. Pennell, 19 Maine, 167; Ciarlo v. Hyman,…
1Opinion of the CourtEmery, J.
The story is this. Mr. and Mrs. Leighton on Dec. 16, 1897, mortgaged certain personal property to the respondents, Chandler and Wass, as security for their surety-ship upon certain notes of the Leightons given to a Machias Bank. The property consisted of a building used as a blueberry canning factory, and its various contents of tin, tools, cans, machinery, etc. The mortgage was in the usual form of a chattel mortgage bill of sale, conditioned to become void if the Leightons paid the described notes on or before Dec. 15, 1898, and it was recorded in the town where the Leightons resided.
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2Cases cited3 opinions
- Bushnell v. AveryMassachusetts Supreme Judicial Court · 1876
- Boston & Fairhaven Iron Works v. MontagueMassachusetts Supreme Judicial Court · 1871
- Gordon v. ClappMassachusetts Supreme Judicial Court · 1872
3Cited by11 opinions
- Newman MacHine Company v. NewmanSupreme Court of North Carolina · 1969
- Eveleth v. GillSupreme Judicial Court of Maine · 1903
- Yellowstone Sheep Co. v. EllisWyoming Supreme Court · 1939
- Harvey v. AnaconeSupreme Judicial Court of Maine · 1936
- Buswell v. WentworthSupreme Judicial Court of Maine · 1936
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