Excerpt from Reports of Cases Determined in the Supreme Court of the State of Illinois, Vol. 24: January Term, 1860, and April Term, 1860 Property to be acquired after the execution of a mortgage, is subject to the mort gage lien, if the deed is properly executed, acknowledged and recorded, and possession is taken of the property before any other lien has attached. A mortgage of personal property cannot hold the thing mortgaged as against a judgment creditor, unless his mortgage is recorded in accordance with the statute. ...
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Excerpt from Reports of Cases Determined in the Supreme Court of the State of Illinois, Vol. 24: January Term, 1860, and April Term, 1860 Property to be acquired after the execution of a mortgage, is subject to the mort gage lien, if the deed is properly executed, acknowledged and recorded, and possession is taken of the property before any other lien has attached. A mortgage of personal property cannot hold the thing mortgaged as against a judgment creditor, unless his mortgage is recorded in accordance with the statute. Such a mortgage is an executory contract, and possession must be taken by the mortgagee in order to hold the property. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at ... This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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