Summary

Portrait of George Shiras, Jr. George Shiras, Jr. McFaddin v. Evans-Snider-Buel Company…

Elaborate arguments, oral and written, have been advanced, pro and contra, on the propositions that an attaching creditor is not a purchaser for value; that an unrecorded deed or mortgage creating a lien will take precedence over a subsequent attachment; that notice to a subsequent purchaser of an unrecorded mortgage is conclusive evidence of mala fides on his part; that a chattel mortgage, not fraudulent as to creditors, made in good faith to secure an honest debt, is at common law superior to a subsequent attachment of the same property by a creditor of the mortgagor
Source: Wikisource

Portrait of George Shiras, Jr. George Shiras, Jr. McFaddin v. Evans-Snider-Buel Company…

The 5th Amendment to the Federal Constitution, which declares that 'no person shall be deprived of life, liberty, or property without due process of law,' is a limitation on the power of Congress, and the question is open whether the act in question, held applicable by the circuit court of appeals to the present case, deprived the plaintiffs in error of property within the meaning of that amendment.
Source: Wikisource

Portrait of George Shiras, Jr. George Shiras, Jr. McFaddin v. Evans-Snider-Buel Company…

We think it is impossible to successfully contend that the act of Congress, when it in terms declared that 'all mortgages of personal property in the Indian territory heretofore executed and recorded in the judicial district thereof in which the property was situated at the time they were executed, are hereby validated,' can be construed as intended to apply only to mortgages made after the passage of the act, and had no retroactive effect.
Source: Wikisource

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