Eaker v. Albritton
Eaker v. Albritton
Opinion of the Court
Opinion by
The only construction to> be placed upon the language used in the mortgage out of which this litigation has arisen is “that it was an attempt to mortgage after-acquired property.” The appellant had no right or title to the goods except by virtue of this writing. The right to use, sell and control the proceeds was with the mortgagor, and the only trust created is such as arises upon the execution of every mortgage if the goods belonged originally to the appellant, and he had constituted the mortgagor his agent only to sell, as. contended for; the writing here is: “I am1 to. have the right to sell by retail said groceries and replenish my stock and the goods hereafter bought to stand in lieu of such as I sell until said indebtedness is paid.” Under this writing when the goods were sold that were mortgaged the title of the appellant went with themi and those after-wards purchased were not embraced by its terms, at least as against third parties. This same question was decided in the case of Austin Cochran, etc., v. Pindell, and also in the case of Ross v. Wilson
Judgment affirmed.
Case-law data current through December 31, 2025. Source: CourtListener bulk data.