York Manufacturing Co. v. Cassell
Citations
- 201 U.S. 344
- 26 S. Ct. 481
- 50 L. Ed. 782
- 1906 U.S. LEXIS 1794
Syllabus
<p>A mortgage containing no clause covering, after-acquired property is not a lien on machinery placed on the land after the execution of the mortgage, and-the title to which is reserved in the vendor until payment therefor.</p> <p>The trustee in bankruptcy is vested with no better right or title to the property than the bankrupt had when the trustee’s title accrued; and where, as in the State of Ohio, a conditional sale contract is good as between the parties themselves although not filed, the vendor óf machinery, sold and. delivered under such' a contract and payment for which had not been made, may remove the same as against all creditors of the bankrupt who have not fastened upon it . by some specific lien.</p>
Judges: Peckham
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