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LOUPIS v. ASHLEY

No. 4787.

102 N.H. 357 (1959)

GEORGE G. LOUPIS, JR. v. JEROLD M. ASHLEY & a.

Supreme Court of New Hampshire.

Decided December 31, 1959.

Attorney(s) appearing for the Case

Fred P. Carr and William E. Lovejoy (Mr. Lovejoy orally), for the plaintiff.

Samuel A. Margolis (by brief and orally), for the defendant.

LAMPRON, J.

"Except as modified by specific statute it has been the general rule in New Hampshire and in a majority of other jurisdictions that an understanding or agreement between the chattel mortgagor and mortgagee that the former is free to sell the chattels for his own benefit renders the mortgage void as to creditors." Haskins v. Dube, 101 N.H. 224, 225; anno. 73 A. L. R...

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