Case Name: Julius Rhoades, Trustee, et al., v. Phinehas Canfield et al.
Court: Saratoga Chancery Court
Jurisdiction: New York
Decision Date: 1841-01-05
Citations: 1 Sarat. Ch. Sent. 1051
Docket Number: 
Parties: Julius Rhoades, Trustee, et al., v. Phinehas Canfield et al.
Judges: 
Reporter: Saratoga Chancery Sentinel
Volume: 1
Pages: 1051–1051

Head Matter:
Julius Rhoades, Trustee, et al., v. Phinehas Canfield et al.
Mortgages to trustee—Left simultaneously for record—Priority.
J. Rhoades for complainants.
A. Dana for defendants.

Opinion:
Decided that the loss upon the two mortgages, taken at the same time to J. Porter as trustee, must be sustained ratably by the ces-tuis que trust, notwithstanding one mortgage was recorded a few moments before the other; as the trustee was not a bona fide mortgagee without notice, so as to make the time of recording material.