Supreme Court of Puerto Rico April 4, 1966, No. C-65-82 (Santiago v. Superior Court of Puerto Rico)

Mr. Justice Hernández Matos

delivered the opinion of the Court.

On April 27, 1964, Corporación Puertorriqueña de Ser-vicios de Alimentos issued a promissory note to the order of Juan A. Santiago for $5,000 and as guarantee it executed a mortgage on cafeteria equipment consisting of 17 pieces, the chattel mortgage being recorded on May 20, 1964.