No instrument by which title to real or personal property is conveyed, transferred, or assigned to an assignee, trustee, or other fiduciary for the benefit of the creditors of the assignor shall be valid to transfer the title of the assignor therein unless such assignee, trustee, or other fiduciary is a resident of this state, nor until the same has been recorded in the office of the clerk of the town in which the assignor resides at the time of making the same, or in the office of the clerk of the town where the property is situated when the assignor resides out of the state, and in the registry of deeds in the county in which the realty, if any, is situated.
RSA 569:1
1933, 9:1. RL 420:1.