28 Wis. 328 | Wis. | 1871
A motion was made to strike out the bill of exceptions, which motion was submitted with the cause itself upon the argument. The ground of the motion is, that the bill was not settled within sixty days from the service of written
The plaintiff based his right to recover the value of the property which was taken by the defendants, upon the chattel mortgage executed by Frank S. Oliver to him, dated March 26, 1868. The defendants justified taking the property under
It is very obvious that the defense relied on in the court below to defeat the action was, that the. chattel mortgage was fraudulent and void as to the creditors of the mortgagor. The evidence bearing upon the question as to the validity of the mortgage seems to have been submitted to the jury by the circuit court in a very full and lucid charge as to the law applicable to the case. If the charge is open to any criticism, it is that in one or two particulars it is possibly more favorable to the plaintiff than the authorities would warrant. But even if there were any error of this Mnd in the charge — and we do not wish to be understood as saying that there is — it would furnish no ground for a reversal of the judgment. The plaintiff insists that the instruction asked by him to the effect that, the mortgagee being in possession under the mortgage when the goods were seized on the writ of attachment, if the mortgage was executed in good faith for a valid subsisting debt, then the defendants were liable for the goods taken. This is the substance of the instruction. The circuit court instructed the jury, among other things, that if the mortgage was for an honest debt, and the plaintiff took possession of the stock primarily to secure his debt, and without any fraudulent intent, then such taking possession made the mortgage valid against a subsequent attaching creditor. It was claimed, on the one hand, that the mortgage was void upon its face, and on the other that possession by the mortgagee for a subsisting debt rendered the mortgage valid as against the creditors of the mortgagor. The court made the intent with which the mortgagee took possession an element in determining his right to hold the property under the mortgage, and as affecting the validity of the instrument. We
By the Court.— The judgment of the circuit court is affirmed.