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29 N.Y. Sup. Ct. 11

Smith v. Cooper

New York Supreme Court

Decided September 15, 1880

New York Supreme Court · decided 1880-09-15

The defendant, the sheriff of Suffolk county, seized, under an execution issued upon a judgment recovered by one Gorman against-Caleb T. Smith, certain articles of personal property which were-alleged to belong to tbe latter. The plaintiff claimed to he the-owner of certain of the articles, by virtue of a bill of sale, and of' others by virtue of a chattel mortgage, executed to him by Smith, and brought this action of replevin to recover the articles seized by the defendant.

Decided 1880-09-15

Barnard, P. J.:

¶1The judge erred at the Circuit in holding, as matter of law, that the mortgage given by Caleb T. Smith, to the plaintiff, and filed March 11, 1878, ivas void and of no effect as to the defendant. It appeared from the evidence that on October 17, 1877, Caleb T. Smith executed a chattel mortgage to the plaintiff. This-mortgage was filed in the proper office March 11,1878. On March 11, 1879, Caleb T. Smith makes on this mortgage so filed, the following statement:

“ Smiti-itown, March 11, 1879.
“ This chattel mortgage is hereby renewed for one year from this date. As witness my hand and seal. CALEB T. SMITH. [l.s.J
“ Sworn to before me this 1 11th day of March, 1879. j
“ Jacob B. Conklin,
“Notary Public.”

¶2The effect of this act by Caleb T. Smith was to create a new mortgage. It was in the power of the mortgagee alone to renew *13•.tbe old mortgage by making a statement within the thirty days next preceding the end of each year, after filing the mortgage, by ■filing a copy and making a statement of his, the mortgagee’s, interest in the property covered by the mortgage. The mortgage ■might also be kept alive by the mortgagor giving a new mortgage for the same debt and refiling it. This was the legal effect of what ■was done. By the concurrence and direction of the mortgagee, the -mortgagor re-executed the old mortgage and refiled it instead of making out a copy and executing it as a new mortgage, and refiling the same. The sheriff levied upon the property in question, after this re-executed mortgage was filed in March, 1879.

¶3The judgment should, therefore, be set aside, and a new trial granted, costs to abide event.

Dtkman, J., concurred; Gilbert, J., not sitting.

¶4Judgment and order denying a new trial reversed, and new trial granted, costs to abide event.

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