10 Warren's Weed New York Real Property § 105.08

Summary

At common law, chattel mortgages or contracts pledging subsequently acquired property, though void at law, were nevertheless, enforced in equity as between a mortgagor and mortgagee as agreements to give liens, and also as against purchasers with Notice3 but, prior to the NYUCC, were not enforced as against creditors.4 The word...