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Clement Dorsey. The general public statutory law and public local law of the state of Maryland : from the year 1692 to 1839 inclusive, with annotations thereto,and a copious index.
Volume 141, Page 2528   View pdf image (33K)
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INDEX TO THE [CHANCERY.

interest to the mortgagee, or to the party claiming under him, at the
rate of ten per cent, per annum on the amount of the mortgaged
debt, from the time of granting the injunction until the same shall
be dissolved, and shall enforce the execution of such decree, in such
manner as is authorized by law in cases of final decrees ; and before
any injunction shall be granted as aforesaid, the chancellor or judge
granting the same, shall require the complainant or complainants,
or some person on his, her, or their behalf, with at least two good
securities, to be approved of by the said chancellor or judge, to
execute to the mortgagee, or the persons claiming or acting under
him, and file in court, a bond, in such penalty as the said chancellor
or judge shall prescribe, conditioned to obey, abide, perform and
fulfil, such decree and order as shall be made in the premises, upon
which bond the said mortgagee, or his assigns, shall be entitled to
recover all such debt, damages, interest and costs, as shall be decreed
to be paid on dissolving the injunction.

[In the compilation of the General Public Law, the first section of this act was
only printed, postponing the residue thereof to be inserted amongst the Public
Local Laws, tide 'Baltimore City;' it was there overlooked, I presume, because
it is Dot to be found in the Index—it is now re-printed to supply that omission.]

1833.—CHAPTER 191.
AN ACT relating to Mortgages.

SEC. 1. Be it enacted, by the General Assembly of Maryland,
That where any conveyance of any freehold estate by way of mort-
gage or trust, or otherwise, to secure the payment of any debts have
been or shall be executed, and the mortgagees or persons to whom
the debts are or shall be payable, shall depart this life, or have de-
parted the same, the receipts or acquittances of the executors or
administrators of such mortgagees or persons aforesaid, acknowledg-
ing the full payments of such debts, and acknowledged and recorded
in manner and time as prescribed for acknowledging and recording
conveyances of lands by way of mortgage, shall have the same force
and effect as any reconveyances or releases to the grantors or bar-
gainers in said conveyances, their heirs or assigns of said estate, and
all interest therein, would have had if executed by such mortgagees
or persons aforesaid, or the original grantees or bargainees or hold-
ers of the legal interest and estate in said freehold under such
conveyances.

SEC. 2. And be if enacted, (in order to the facilitating the en-
forcement of mortgages of real property and estate in the city of
Baltimore,) That in all cases of conveyances by way of mortgage of
lands or hereditaments or chattels real, situate in the city of Balti-
more, and where in the said conveyances the mortgagor shall de-
clare his assent to the passing of a decree as herein after mentioned,
it shall and may be lawful for the mortgagees or their assigns, at

 

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Clement Dorsey. The general public statutory law and public local law of the state of Maryland : from the year 1692 to 1839 inclusive, with annotations thereto,and a copious index.
Volume 141, Page 2528   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


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