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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 751   View pdf image (33K)
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LAWS OF MARYLAND.— 1820.

781

estate, and make return thereof to the court as herein before
directed, and if the judgment of the commissioners shall be
confirmed by the court, then the person or persons entitled
under this act to elect to take other estate at the valuation of
the commissioners, shall have the same election as it respects
the estate last provided for ; and if all refuse then the estate
shall be sold by the said commissioners, or a majority of them,
upon such terms and conditions as shall be prescribed by the
court, and the proceeds divided in such manner as is herein
before directed.

shall be
valued, and
there shall
be the same
right of
election &c.
If all refuse,
it shall be
sold, &c.

SEC. 18. And be it enacted. That when the estate of an
intestate shall be sold on a credit, bonds shall be taken for the
purchase money from the purchaser or purchasers, by the com-
missioners with security, and made payable to each represen-
tative respectively, according to his or her proportional part of
the net amount of sales, with interest thereon from the day of
sale, and in such instalments as the court shall direct.

When sold
on credit,
bonds to be
taken with
security,
&c.

SEC. 19. And be it enacted. That in all cases where the com-
missioners appointed under this act, shall determine that the
estate cannot be divided without loss and injury to all the par-
ties, and the court shall confirm their return, the person or
persons electing to take the estate at the valuation of the com-
missioners, at the time of making the election, shall severally
give bonds, with two or more sufficient sureties, to be approved
by the court in which the proceedings may be had, to the other
person or persons entitled to the said estate, for their several
proportions of the sum of money at which the said estate is
valued, which bonds shall bear interest from the date of the
said election, and shall be made payable in such instalments as
the court shall direct.

The per-
sons elect-
ing to take
the estate
shall give
bonds, &c.

SEC. 20. And be it enacted, That when any person entitled
shall elect to take the estate or any part thereof, at the valuation
of the commissioners, or when all or any of them refuse, and
the same, or any part thereof, shall be sold under the direction of
the court, and bonds taken for the payment of the purchase
money, the bonds so taken shall remain and be a lien on the
lands for the purchase of which they were given, until the said
bonds shall be wholly paid.

When
electing to
take estate
shall give
bonds, &c.

SEC 21. And be it enacted. That the person making an
election to take any part of the estate at the valuation of the
commissioners, at the time of making the election shall give
bond or bonds with two or more sufficient sureties, to be ap-
proved by the court in which the proceedings may be had to the
other person or persons entitled to the said estate, for their
several proportions of the sum of money at which said part is
valued, which bonds shall bear interest from the date of the
said election, and shall be made payable in such instalments as

Such bonds
and the
bonds of
purchasers,
to be a Hen
on the
lands, &c.

 

 

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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 751   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


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