Northwestern Bank v. Freeman

Citations

• 171 U.S. 620
• 19 S. Ct. 36
• 43 L. Ed. 307
• 1898 U.S. LEXIS 1624

Syllabus

<p>A description in a chattel mortgage of a given number of articles or animals out of a larger number is not sufficient, as to third persons with acquired interests; but such a mortgage is valid against those who know the facts.</p> <p>A purchaser of personal property, which is mortgaged, is charged with knowledge of every fact shown by the records, and is presumed to know every other fact which an examination, suggested by the records, would have disclosed.</p> <p>Under the rule that the incident covers the principal, a mortgage of domestic animals covers the increase of such animals, though it be silent as to such increase.</p>