Majority
Headnote
1. Pledge-Rights oe Pledgee.The action was in replevin to recover possession of a watch and chain, the property of the plaintiff, wrongfully detained from her by the defendants under the following circumstances: On March 15, 1895, the defendant Klang obtained possession of the property from the plaintiff, under an agreement in writing, signed by him, whereby he certified that he had rented and leased from the plaintiff the property in question, for which he agreed to pay $96, as follows: $20 on delivery, and the further sum of $2 on each and every Thursday of every week thereafter until said sum of $96 was fully paid, when the plaintiff should deliver to him a bill of sale of the property without further consideration. Klang agreed to safely keep in his possession the said property, in trust for the plaintiff; and it was understood that title thereto should not pass until all of the payments were fully made. It was further provided that, in case of default in any one or more of the payments, Klang should surrender the property to the plaintiff in good condition, and permit her to keep and retain all moneys theretofore paid thereon. It was also agreed that, before obtaining a bill of sale of the property, Klang should not deliver it to any person without first receiving in writing the consent of the owner. Klang paid the $20 mentioned in the agreement, and on the following day pledged the property with his codefendants, H. & S. Freund, pawnbrokers, obtaining thereon the sum of $40. The action was commenced May 7, 1895, and was tried on a stipulation by which the facts hereinbefore stated were admitted. It was also agreed that Klang violated the conditions of the agreement by pledging the property, and that H. & S. Freund did not know, at the time they advanced the $40, of the existence of the agreement before referred to.
It is urged on behalf of the appellants Freund that the agreement by which Klang obtained possession of the property constituted a conditional sale, and, as no copy thereof had been filed as required by chapter 315 of the Laws of 1884, and the acts amendatory thereof, the same is not operative as to them. The statute provides that conditional sale agreements, unless filed, shall be void as against subsequent “purchasers or mortgagees” in good faith; and it is clear that pledgees are neither. La Fetra v. Glover, 10 Misc.
Appellants contend that no demand has been proved. Assuming a demand to have been necessary, it was waived by the failure of the defendants to move at the trial for a dismissal of the complaint upon that ground. A defect in the plaintiff’s case should be pointed out so that he may supply it if he can. Gerding v. Haskin, 141 N. Y., at page 520, 36 N. E. 601 ; Booth v. Bunce, 31 N. Y. 246 ; Binsse v. Wood, 37 N. Y. 526 ; Thayer v. Marsh, 75 N. Y. 340 ; Sterrett v. Bank, 122 N. Y. 659 , 25 N. E. 913 ; Quinlan v. Welch, 141 N. Y. 158 , 36 N. E. 12 . The objection would probably have been obviated if it had been made in time.
The judgment must be affirmed, with costs. All concur.
Cases cited
- Booth v. Bunce 31 N. Y. 246 p. 58
- Binsse v. Wood 37 N. Y. 526 p. 58
- Thayer v. Marsh 75 N. Y. 340 p. 58
- Sterrett v. Third National Bank 122 N. Y. 659 p. 58
- Quinlan v. Welch 141 N. Y. 158 p. 58