KELLEY, J., May 16, 1960.
This matter arises by way of a complaint in equity whereby plaintiffs seek to enjoin the sale of the physical assets of defendant, Bellevue Leather Products, Inc., by defendant Llewllyn, who holds a chattel mortgage thereon. Bellevue is in default of that mortgage. Plaintiffs contend that the lien of Llewllyn's chattel mortgage lapsed by reason of noncompliance with the terms of the Act of January 24, 1956, P. L. 931, sec. 7 (Chattel Mortgages...
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