In re W. O. Craig Mfg. Co.

201 F. 548, 1912 U.S. Dist. LEXIS 1050
CourtDistrict Court, W.D. Arkansas
DecidedDecember 14, 1912
DocketNo. 374
StatusPublished

This text of 201 F. 548 (In re W. O. Craig Mfg. Co.) is published on Counsel Stack Legal Research, covering District Court, W.D. Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
In re W. O. Craig Mfg. Co., 201 F. 548, 1912 U.S. Dist. LEXIS 1050 (W.D. Ark. 1912).

Opinion

YOUMANS, District Judge.

The W. O. Craig Manufacturing Company, a'corporation, was adjudicated a bankrupt on the 27th of July, 1912. This concern was formerly the Siloam Springs Cold-Storage & Ice Company; the former name having been substituted for the latter. Under the latter name the bankrupt bought from the Triumph Electric Company, under the trade-name of the Triumph Ice Machine Company, on two orders, dated, respectively, January 28, 1911, .and February 25, 1911, certain machinery for an ice manufacturing plant at Siloam Springs, Ark. Notes were given for the purchase price: These notes are unpaid. The written contract between the bankrupt and the intervener contained the following provisions:

“Tbe title to all material furnisbed by tbe • company shall remain in it until full purchase price has been paid in cash, with full right of repossession by tbe company upon purchaser’s default of any act or payment due under this contract; and purchaser agrees that company shall have the right to retain all the moneys, that may have been paid by the purchaser, as liquidated damages for purchaser’s default. Purchaser agrees to do all acts necessary to protect such retention of title in the company, and the taking of any security whatsoever shall not operate as a waiver nor as otherwise affecting this retention of title. The company, at its election, shall be entitled to a conveyance of said material by way of mortgage, in order to secure -the payment of the purchase price. Should the purchaser become insolvent or default in the performance of or payment of any part of this contract, including any obligation given for any part of it or failure to execute notes as agreed upon, the whole purchase price shall forthwith become due.”

In the spring of 1911 this machinery was installed in a building constructed for that purpose on a piece of land adjacent to a railroad. The land appears to have been put to no other use. On the 3d day of June, 1911, to secure the repayment of a loan of $30,000 made on that date, the bankrupt, under its name of the W. O. Craig Manu[550]*550factoring Company, executed a mortgage to the Commerce Trust Company, of Kansas City, Mo., on its plant and personal property Used in connection with its ice and ice cream manufacturing business.

This mortgage and the notes secured thereby were afterwards assigned to J. O. Patterson. After the adjudication in bankruptcy, Patterson, in the bankruptcy proceedings, claimed all the property described in the mortgage, and sought to have the same sold and the proceeds applied to the payment of the mortgage debt. This was contested by the intervener, which claimed the machinery sold by it to the bankrupt by virtue of the retention of title in its contract of sale. The property was by the referee ordered sold free from liens, it being provided, however, that an amount, out of the proceeds of the sale, sufficient to pay intervener’s claim, should be retained by the trustee, to await the decision on the intervention of the Triumph Electric. Company. The intervention is based on the clause of the contract above quoted. Patterson filed an answer to the intervention. The answer sets up two grounds of defense to interVener’s claim: (1) That the contract between the intervener and the bankrupt contained a guaranty as to the producing capacity of the. plant, and that the plant will not produce the amount of ice guaranteed by the contract. (2) That the machinery claimed by intervener became part of the real estate, and passed to the mortgagee under the mortgage subsequently executed, and that it afterwards passed to Patterson under his purchase at the sale made by the trustee.

With regard to the alleged failure of the plant to produce the guaranteed capacity, the testimony is not sufficient to show such failure. It does not appear that the conditions required in the contract of guaranty were complied with. That conclusion having been reached, it is unnecessary to consider the question as to whether Patterson is in an attitude to oppose a defense on the alleged violation of the guaranty.

The real question in the case is whether the property in controversy became a part of the realty and passed under the mortgage, or remained personal property subject to the terms of the contract between the bankrupt and the intervener.

As between the vendor and the V/. O. Craig Manufacturing Company, there is no question but the machinery retained the character of personal property. The controversy, however, does not arise between them. The material purchased was set up as a completed ice plant, intended to be permanent, in a building specially constructed for that purpose, on a piece of ground of comparatively small area, conveniently situated near a railroad for the manufacture and shipment of ice. As between the mortgagor and mortgagee, the machinery was a part of.the realty. J. O. Patterson, as assignee of the notes and mortgage and as purchaser at the trustee’s sale, stands in the shoes of the original mortgagee. Tjiere is nothing to show that either the mortgagee or Patterson had notice of the retention of title by the Triumph Ice Machine Company. The question as to the superior right must be determined by the law of the state of Arkansas, as held in the case of In re Sunflower State Refining Company (C. C. A.) 195 Fed. 180. This case arose in Kansas, and was decided under a statute of that [551]*551state requiring the filing in the office of the register of deeds of a writing or promissory note, evidencing the conditional sale of personal property, and retaining the title to the same in the vendor until the purchase price is paid in full. There is no such statute in Arkansas or any other statute on the subject. The law therefore must be found in the decisions of the Supreme Court of the state. It clearly appears^ from these decisions that the title to personal property can be retained by the vendor until the purchase price is paid, and that the title of such vendor may be enforced against any subsequent purchaser- or lienholder, without regard to the question of notice. Carroll v. Wiggins, 30 Ark. 402; Andrews v. Cox, 42 Ark. 473, 48 Am. Rep. 68; McIntosh v. Hill, 47 Ark. 363, 1 S. W. 680; McRea v. Merrifield, 48 Ark. 160, 2 S. W. 780; Simpson v. Shackelford, 49 Ark. 63, 4 S. W. 165.

With regard to machinery which from its character is intended to be permanently located, the rule is modified as to a subsequent purchaser or lienholder. Such machinery may remain personal property until paid for, or until the debt secured by the mortgage is paid. Ozark v. Adams, 73 Ark. 232, 83 S. W. 920. In this case and in the case of Choate v. Kimball, 56 Ark. 55, 19 S. W. 108, three rules were laid down for determining whether a given article is a chattel or an immovable fixture, as follows:

(1) Eeal or constructive annexation of the article in question to the realty.
(2) Appropriation or adaptation to the use or purpose of that part of the realty with, which it is connected.
(3) 'The intention of the party making the annexation to make the article a permanent accession to the freehold, this intention being inferred from the nature of the article affixed; the.relation and situation of the party making the annexation, and the policy of the law in relation thereto; structure and mode of the annexation and the purpose or use for which the annexation has been made.

With regard to the first rule it is clear that there was a real annexation of the machinery in question to the realty.

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Related

Carroll v. Wiggins
30 Ark. 402 (Supreme Court of Arkansas, 1875)
Andrews v. Cox
42 Ark. 473 (Supreme Court of Arkansas, 1883)
McIntosh v. Hill
47 Ark. 363 (Supreme Court of Arkansas, 1886)
McRea v. Merrifield
48 Ark. 160 (Supreme Court of Arkansas, 1886)
Simpson v. Shackelford
49 Ark. 63 (Supreme Court of Arkansas, 1886)
Choate v. Kimball
19 S.W. 108 (Supreme Court of Arkansas, 1892)
Brannon v. Vaughan
48 S.W. 909 (Supreme Court of Arkansas, 1898)
Ozark v. Adams
83 S.W. 920 (Supreme Court of Arkansas, 1904)
Kansas City Southern Railway Co. v. Anderson
113 S.W. 1030 (Supreme Court of Arkansas, 1908)
Peck-Hammond Co. v. Walnut Ridge School District
123 S.W. 771 (Supreme Court of Arkansas, 1909)

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Bluebook (online)
201 F. 548, 1912 U.S. Dist. LEXIS 1050, Counsel Stack Legal Research, https://law.counselstack.com/opinion/in-re-w-o-craig-mfg-co-arwd-1912.