62 Mo. App. 13 | Mo. Ct. App. | 1895
The plaintiff is engaged in the furniture business in the city of St. Louis. On the twelfth day
The mortgage provided that McQuan should remain in possession of the property until default should be made in the payment of' the debt, or some part thereof, unless he should sell or remove the property or some portion thereof. Should either of these contingencies happen, then the plaintiff was authorized to take possession of the property and sell it to satisfy his debt.
McQuan made default on the first installment. The plaintiff, however, allowed him to retain possession of the goods. Thereafter he made several payments on the notes, aggregating $55. The last payment was made August 20, 1892.
The plaintiff introduced the wife of McQuan as a witness, who testified that she sold the greater portion of the goods covered by the plaintiff’s mortgage to the defendant, for which he paid her the sum of' $23; that she made the sale for the purpose of getting bread for her children; that the sale was made without the knowledge of her husband, and that the defendant asked no questions about the title or her right to sell. It appeared further, from the testimony, that, prior to the sale of the goods to the defendant, McQuan had removed from 2733 Madison street to the corner of Twenty-second and Biddle streets, and from there to 2104 Franklin avenue, and that he had taken the furniture with him.
The plaintiff then offered the chattel mortgage and note in evidence, which the court excluded for insufficiency in the description of the goods in the mortgage. After offers to further establish the conversion of the goods and their- value, the plaintiff submitted to an involuntary nonsuit.
The original description of the goods was undoubtedly sufficient. The goods are described in the only way possible, and to this is added their location at that time. The rule is that a description which enables third persons, by the aid of inquiries which the mortgage
The lien of plaintiff’s mortgage having attached in the first instance, it is well settled that the subsequent removal of the mortgaged property from 'the premises would in no wise affect or destroy it, unless done by the fraudulent connivance of the mortgagor and mortgagee. Bevans v. Bolton, 31 Mo. 437; Feurt v. Rowell, 62 Mo. 524; State ex rel. v. Cabanne, 14 Mo. App. 294; Wheel-don v. Wilson, 44 Me. 11.
The law on the subject is thus stated by Mr. Jones in his work on chattel mortgages, viz: “The removal of a mortgagor from the town or county in which he resided when the mortgage was executed, and where it was duly recorded, and the taking of the mortgaged property with him, does not invalidate the record of the' mortgage, or necessitate the recording of it again in the town or county to which he has removed. The object in requiring a record of the mortgage is to give publicity to it, and to provide a source of information common to all persons, so that they may determine, with some degree of facility, convenience and certainty, the question of title to the property, whenever they may be interested to know it; while at the same time it is not among the purposes of the recording acts to subject a bona fide mortgagee to the inconvenience of the constant vigilance and ceaseless watching which would be requisite to guard and secure his interests, if he were obliged to record his mortgage in every town into which the mortgagor might see fit, to remove with the property. If he were required to do this, his security would well nigh be worthless; for, before he could do this, a creditor of the mortgagor might seize the property by process of law, or the mortgagor himself might pass the
We, therefore, conclude that the circuit court committed error in the rulings complained of. The mortgage was of record, and it furnished to the defendant information that one John McQuan had pledged his household furniture to secure the plaintiff’s debt, and that at the date of the mortgage he lived at 2738 Madison avenue. Inquiries in that neighborhood would have established the additional facts that the person from whom the defendant was about to purchase the goods was the same person who formerly lived at 2733 Madison street, and that the goods which he purchased were a portion of the goods covered by the plaintiff’s mortgage.
the judgment of the circuit court will be reversed, and the cause remanded. .