Rosenbaum v. Foss

63 N.W. 538, 7 S.D. 83, 1895 S.D. LEXIS 40
South Dakota Supreme Court·Decided May 22, 1895·Published·Cited by 2 cases

Opinions

Kellam, J.

This case, the opinion in which is published in 4 S. D. 184, 56 N. W. 114, is now before us on rehearing. Perhaps the following facts may be profitably restated: Prior to June 28, 1884, Charles W. Seefield was the owner of certain grain elevators and a flouring mill situated on leased lands in different counties of this state, and along the track of the Chicago & Northwestern Railway. Upon that day he executed and delivered to appellants a chattel mortgage on the same, by which, as stated in such mortgage, he did “grant, bargain, sell, assign, and transfer * * * all that certain personal property located and described in the Schedule A, hereto attached.” In such schedule the property now in question was described as one grain elevator, situate on the north side of the railway track, in the village of Elkton, Dakota, known as 'Seefield’s Elevator,’ and one steam flouring mill and elevator, situated on south side of railway track in the village of Nordland, Dakota (now Denver station), known as ‘See-field’s Mill and Elevator,’ all of said elevators,” etc., “being situated on railway property.” This mortgage was renewed by appellants, as provided by statute. On the 7th day of July, 1888, See-field, being.the owner thereof, made and executed to appellants another chattel .mortgage by the terms of which he did “grant, bargain, sell, assign, transfer, and make over” unto appellants “all that certain property' described as follows: One grain elevator, situate on the north side of the railway track, in the village of Elk-ton, Dakota, known as ‘Seefield’s Elevator’; also the steam flouring mill and elevator situate on the south side of the railway track in the village of Arlington, Dakota, known as ‘Seefield’s Mill and Elevator,’ together with and including all machinery, fixtures and furniture in each of said buildings, and the implements connected therewith. Said buildings and property are all situate upon railway land, and are now in my possession, in the places in which they, are hereinbefore, respectively, stated to be situate.” In our former opinion it was held upon the facts shown by the court’s findings, and for reasons fully stated in such opinion, that the mortgages were not so filed as to carry constructive notice of their [87] contents. Subsequently, and on tbe lOtb day of January, 1889, tbe said Seefield, still being tbe owner of said property, made and delivered to tbe respondents a bill of sale, wbicb tbe court finds “was to take tbe place of and operate as a mortgage upon the property therein described,” for tbe amount named as the consideration, wbicb bill of sale was, so far as pertinent to the question we desire to discuss, as follows: “For and in consideration of tbe sum of twenty-five thousand dollars to me in hand paid by Rosenbaum Brothers, tbe receipt whereof is hereby acknowledged, I hereby sell, assign, and make over to said Rosenbaum Brothers all my right, title and interest in and to that certain roller flouring mill,” etc., the mill referred to being the same one covered by the prior mortgage to appellants. It is found by the trial court that respondents took this bill of sale or mortgage without actual notice of either of the mortgages to appellants. The relief sought in the action was the cancellation from the files of the copies of appellants’ mortgages which had been filed as clouds upon respondents title. The reargument was allowed for the discussion of two questions: (1) Was the only consideration for respondents’bill of sale or mortgage an antecedent indebtedness, and, if so, were respondents purchasers or incumbrancers for value? (2) 'Did the transfer to respondents by Seefield of “all his right, title and interest in and to” the property which he had previously mortgaged to appellants entitle respondents to attack the record of appellants’ mortgages? We shall examine only the second question.

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Rosenbaum v. Foss, 63 N.W. 538, 7 S.D. 83, 1895 S.D. LEXIS 40 (S.D. 1895).

63 N.W. 538 (Rosenbaum v. Foss) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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