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COMMUNITY STATE BANK v. CRISSINGER

No. 17,975.

120 Ind. App. 25 (1949)

89 N.E.2d 78

COMMUNITY STATE BANK, ROYAL CENTER v. CRISSINGER ET AL.

Court of Appeals of Indiana.

Rehearing denied January 13, 1950.

Attorney(s) appearing for the Case

O'Neill & O'Neill, of Logansport, for appellant.

George E. Tobias, of Kokomo, for appellees.

DRAPER, C.J.

Crissinger borrowed money from the appellant bank on his two notes, which were secured by separate chattel mortgages on a tractor and trailer outfit owned by Crissinger. The mortgages were recorded in Pulaski County, in which county Crissinger resided, on November 13, 1947. Subsequent to the recording of the mortgages, and about May 1, 1948, Crissinger sold the equipment to Bobbs, who had no actual notice or knowledge of the chattel mortgages.

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