5 Johns. 258 | N.Y. Sup. Ct. | 1810
That case was never decided by this court. It was argued once, and I had prepared the written opinion which appears in the report of Mr. Caines >■ but the court directed a second argument, which, for some reason or other, was never brought on, so that no decision took place on the points raised in the cause. How my opinion got into print I do not know. It was probably lent to some of the bar, and a copy taken, which the reporter has erroneously published as the opinion of this court.]
The bill of sale stated in the record, was a mortgage of goods, and not a technical pledge. A pledge is a deposit of goods to be redeemed on certain terms. Delivery always accompanies a pledge, but .a mortgage of goods is often valid without delivery. Possession continuing in the vendor is only prima facieevidence of fraud, and may be explained. Here possession, by the mortgagor was consistent with the face of the •
Judgment reversed.
Rob.onFraud. Conv. 35. 40.