WALKER, District Judge.
On May 23, 1939, when A. J. Doan & Son, Inc., a corporation of the State of New Jersey (hereinafter referred to as "Doan"), executed a chattel mortgage to Arthur Margulies, doing business as Hobbs Company (hereinafter referred to as "Hobbs"), Hobbs, as mortgagee, was required to honestly and substantially comply with the requirements of Section 46:28-5, R.S.N.J.1937, N.J.S.A. 46:28-5. This judicial attitude regarding the statutory affidavit...
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