In re Noethen

Citations

• 195 F. 573
• 1912 U.S. Dist. LEXIS 1654

Syllabus

<p>Bankruptcy (§ 184*)—Property—Oirvrnsi, Mortgage—'Validity.</p> <p>A chattel mortgage of a shifting stock of wines, liquors, cigars, etc., kept in connection with a restaurant and bar, under provision that the mortgagors remain in “quiet and peaceable possession * * * and free</p> <p>enjoyment of the same,” the proceeds being retained by the mortgagors, is void, both as to existing and after-acquired goods, as against the mortgagor’s other creditors and his receiver in bankruptcy:</p> <p>[Ed. Note.—For other cases, see Bankruptcy, Cent Dig. §§ 275-277; Dec. Dig. S 184.*]</p>