JOHN WALTER SMITH, ESQ., GOVERNOR.

and expenses. In the case of personal property the sale shall
at once vest the title thereto in the purchaser. In the case of
real or leasehold estate upon the ratification of the sale as
herein provided, it shall vest the title in fee in the purchaser
absolutely. In the case of real estate the purchaser shall pay
an amount of the purchase money sufficient to pay taxes,
interest, costs and expenses and no more, and shall execute
to the Town Collector a bond or obligation, with approved
securities, to pay the balance of such purchase money on the
ratification of the sale.

543

At any time before the ratification of the sale of real or
leasehold property the person charged with the taxes under
which sale was made, or any person or party in his behalf,
may pay to the purchaser, his heirs or assigns, the amount
paid to the Town Collector for taxes, interests, costs and
expenses as aforesaid, with interest thereon from the day of
sale, at the rate of fifteen per cent., and such payment, or
the tender thereof, shall render the sale null and void, and
such payment shall be an absolute bar to the ratification of
the sale; upon payment as aforesaid the purchaser, or his
executors, administrators or assigns, shall execute a deed of
release which shall be recorded as a deed of real estate.

May redeem
property
before ratifica-
tion of sale.

Twelve months after the date of sale, or as soon thereafter
as may be reasonably convenient, the Town Collector and the
purchaser shall report the sale to the Circuit Court for said
county sitting in equity, and in said report the names of all
persons interested in the property shall be mentioned, and
they shall be made parties, as would be done in the case of a
creditor's bill. Persons holding judgment, mortgage or other
liens on the real or leasehold property sold, shall be entitled
to be made parties thereto, and notices shall be given to them
by subpoena or order of publication on in other equity cases,
and the case shall in due time be heard, unless the taxes,
interest, cost and expenses of the entire case are paid within
a time named by the court, the sale shall be confirmed and

Collector and
purchaser
shall report
sale (o
Circuit Court-

shall pass absolute title in fee to the purchaser, his heirs or
assigns; provided, the balance of the purchase money shall be
paid into court within ten days after the time allowed to the
persons interested in the property to pay the taxes, interest,
costs and expenses have expired. As soon as the balance of
the purchase money is paid into court, the court shall order
the Town Collector to convey the property in fee simple to
the purchaser, his heirs or assigns absolutely, and all right,
title and interest of all the parties shall pass to the grantee in
said deed. No sale shall be set aside, unless the taxes and
interest thereon shall be paid.

Sale
confirmed.