Secor v. Close

Citations

• 83 Wash. 77
• 145 P. 56
• 1914 Wash. LEXIS 1580

Syllabus

<p>Sales — Conditional Sales — (Failure to Pile — Status of Creditors — Preference. The failure to file in the auditor’s office a conditional sales contract within ten days, whereby the sale became absolute as to subsequent creditors in good faith, under Rem. & Bal. Code, § 3670, does not prevent the vendees from returning the mill to the vendor as a preferred creditor, in payment of the balance of the purchase price, as against subsequent creditors who had no lien upon the mill or claims reduced to judgment, the value of the mill at the time of the preference not being disproportionate to the debt due.</p>