Detroit Trust Co. v. Pontiac Savings Bank
237 U.S. 186 (1915)

Annotate this Case

U.S. Supreme Court

Detroit Trust Co. v. Pontiac Savings Bank, 237 U.S. 186 (1915)

Detroit Trust Co. v. Pontiac Savings Bank

No. 173

Argued March 5, 1915

Decided April 5, 1915

237 U.S. 186

Syllabus

The law of Michigan, a it was in 1903, did not give to unsecured creditors of the mortgagor a lien upon the property covered by an unrecorded chattel mortgage, but merely a right to a lien requiring a proceeding of some kind for its fastening, and the right to such a lien was lost if the proceeding was not taken prior to the bankruptcy of the mortgagor.

196 F. 29, affirmed.

The facts, which involve the rights of creditors of a bankrupt as against those of the holder of an unrecorded chattel mortgage under the laws of the State of Michigan, are stated in the opinion.

Official Supreme Court case law is only found in the print version of the United States Reports. Justia case law is provided for general informational purposes only, and may not reflect current legal developments, verdicts or settlements. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or information linked to from this site. Please check official sources.