151 Mass. 300 | Mass. | 1890
The Pub. Sts. c. 192, § 1, relating to mortgages of personal property, contain the words, “ Unless a mortgage is recorded as aforesaid within fifteen days after the date thereof, . . . the mortgage shall not be valid against any person other than the parties thereto.” The St. of 1883, c. 73, reenacted the Pub. Sts. c. 192, §§ 1, 2, in terms, except the above,
In the Public Statutes as construed in Shavghnessey v. Lewis, 130 Mass. 355, the date of the mortgage meant the time of its delivery. The statute of 1883, besides making the date written in the mortgage the time from which the fifteen days are to run, made material changes in the phraseology of the statute. Instead of declaring the mortgage to be void as to third persons unless it was recorded within the time limited, it directed that it should be recorded within the time, and declared that it should not be valid against third persons until recorded, and that any record after that time should be void and of no effect. Under the Public Statutes the mortgage was declared to be' not valid as to third persons unless it was recorded within fifteen days after its delivery. Under the statute of 1883, the mortgage was declared to be not valid as to third persons until it was recorded, and a record after fifteen days from the date written in it was declared to be void and of no effect.
In this case the date written in the mortgage was the third day of September, and the mortgage was recorded on the second day of the same September. It was on record within the fifteen days, but the manual act of recording it was done before, and not during, the fifteen days. That it was of record within the time limited seems to meet the requirement of the statute, that it shall be recorded within that time. That construction will not open the door to any fraud by false evidence, or otherwise, which the statute is intended to prevent, because the mortgage is of no effect as to third persons until it is recorded, and the recording of it is notice to everybody. There seems to be no reason that the record should not be notice of the delivery of the mortgage before the date written in it. The general rule that an instrument takes effect from its delivery, and may be recorded any time after its delivery, applies, except as modified by the statute; and
Exceptions sustained.