New York Supreme Court January 24, 1891 (Hyer v. Sutton)

Corlett, J.

On the 2d day of July, 1888, the defendant executed a chattel mortgage to the plaintiff to secure the sum of $700. It covered a printing-press and some other personal property. It provided for payment within five years from the date of the mortgage, with semi-annual interest, with the-right to pay $100 and interest at any time.