Publisher's Synopsis
Excerpt from Street Railway Law, Vol. 5: A Comprehensive Working Compendium of Important Street Railway Decisions in All Parts of the Country
Where a company gave a mortgage covering all of its existing and after - acquired property, which was duly recorded, and thereafter poles and wires were erected on another's land under an agreement with the owner of such land therefor, under which they were the property of the mortgagor company, the court of chancery of New Jersey holds that the mortgage was, in equity, a lien upon these poles and wires afterwards acquired, which was prior to a mortgagee or judgment creditors subsequent in date to the mortgage, or to any claim of the owner of the land.
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