Nelson v. Wheelock

Citations

• 46 Ill. 25

Syllabus

<p>1. Pleading at law—of the isms'—need not be lajeen as to mere recitals in a plea. It is not necessary, that a traverse should be made as to matter set up in a plea by way of mere recital. .</p> <p>2. Partnership—one partner may mortgage and give possession of partnership effects to secure firm creditors. One of the .partners of a firm may mortgage the partnership stock in trade, and deliver possession thereof, to secure a firm creditor.</p> <p>3. Mortgage—of chattels in possession—when may hold against junior lien. A bona fide mortgagee of chattels, in possession, and so entitled by the terms of his mortgage, cannot be deprived of his property thus acquired, under any junior lien.</p>