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SHEFFIELD v. WALKER

No. 234.

58 S.E.2d 356 (1950)

231 N.C. 556

SHEFFIELD et al. v. WALKER et al.

Supreme Court of North Carolina.

March 22, 1950.

Attorney(s) appearing for the Case

R. D. Johnson, Warsaw, and J. Faison Thomson, Goldsboro, for the plaintiff, appellees.

James N. Smith, Goldsboro, for the defendant, the Shepherd Company, appellant.

ERVIN, Justice.

Chattel mortgages and conditional sales are nearly allied to each other. Poindexter v. McCannon, 16 N.C. 373, 18 Am.Dec. 591. For this reason, G.S. § 47-20, which covers Chattel Mortgages, and G.S. § 47-23, which embraces conditional sales, prescribe identical requirements for their recording. These statutes provide that a chattel mortgage or a conditional sale of tangible personal property is valid...

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