McCreary v. Hannah

Appellate Court of Illinois

McCreary v. Hannah

60 Ill. App. 449, 1895 Ill. App. LEXIS 310

DecidedNovember 18, 1895

StatusPublished

This text of 60 Ill. App. 449 (McCreary v. Hannah) is published on Counsel Stack Legal Research, covering Appellate Court of Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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McCreary v. Hannah, 60 Ill. App. 449, 1895 Ill. App. LEXIS 310 (Ill. Ct. App. 1895).

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Opinion

Mr. Presiding Justice Gary

delivered the opinion of the Court.

Ho statement of facts is necessary, as the only question is whether, if, while the debt secured by a chattel mortgage is yet undue, the same mortgagor mortgages the goods to another, to secure a debt becoming due later than the first, must the first mortgagee, when his debt becomes due, take possession of the goods to continue his priority over the second, or will such priority be continued if the first mortgagee takes possession before the second mortgage is due and before possession is taken under it %

In Cunningham v. Nelson Mfg. Co., 17 Ill. App. 510, the Appellate Court of the Third District decided that question in favor of the first mortgage, citing Arnold v. Stack, 81 Ill. 407, and Van Pelt v. Knight, 19 Ill. 535.

The question was not necessarily involved in either of those cases, but the argument and obiter diota in each of them sustains the décision of the third district, and we concur in it.

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Mr. Presiding Justice Gary

delivered the opinion of the Court.

Ho statement of facts is necessary, as the only question is whether, if, while the debt secured by a chattel mortgage is yet undue, the same mortgagor mortgages the goods to another, to secure a debt becoming due later than the first, must the first mortgagee, when his debt becomes due, take possession of the goods to continue his priority over the second, or will such priority be continued if the first mortgagee takes possession before the second mortgage is due and before possession is taken under it %

In Cunningham v. Nelson Mfg. Co., 17 Ill. App. 510, the Appellate Court of the Third District decided that question in favor of the first mortgage, citing Arnold v. Stack, 81 Ill. 407, and Van Pelt v. Knight, 19 Ill. 535.

The question was not necessarily involved in either of those cases, but the argument and obiter diota in each of them sustains the décision of the third district, and we concur in it.

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60 Ill. App. 449, 1895 Ill. App. LEXIS 310, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mccreary-v-hannah-illappct-1895.

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