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Every such deed or conveyance effectual according to priority of time of registring, against all other dispositions.
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IV. And be it further enacted by the authority aforesaid, That every such deed or conveyance, a memorial whereof shall be duly registered according to the rules and directions in this act prescribed, shall, from and after the said twenty fifth day of March in the year of our Lord one thousand seven hundred and eight, be deemed and taken as good and effectual both in law and equity, according to the priority of time of registring such memorial for and concerning the honors, manors, lands, tenements, and hereditaments in such a deed or conveyance mentioned or contained, according to the right, title, and interest of the person or persons so conveying such honors, manors, lands, tenements, and hereditaments, against all and every other deed, conveyance, or disposition of the honors, manors, lands, tenements or hereditaments, or any part thereof comprized or contained in any such memorial as aforesaid.
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