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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 2615   View pdf image (33K)
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MORTGAGES 2615

mortgaged property or the proceeds thereof and be subject to be sued as
other bonds taken in the name of the State and subject to the same limita-
tions and disabilities as such other bonds.

Sale under mortgage, after filing of bond, takes priority over sale of property for
taxes, unless there is undue delay; injunction against sale for taxes. Rouse v. Archer,
149 Md. 472.

Substituted trustee held to be among persons interested and entitled to institute suit.
Liability Assur. Corp. v. State, 161 Md. 103.

Trustee appointed to sell at foreclosure proceedings may be required to give second
bond on account of inadequacy of first bond. Assurance Corp. v. State, 163 Md. 126, 133.

Cited but not construed in Mizen v. Thomas, 156 Md. 320.

Cited in Carrollton Bank v. Hollander, (Judge Smith, Circuit Court of Baltimore
City), Daily Record, Mar. 7, 1939.

The fact that no bond was filed at time property was offered at public auction,
there being no intimation that such omission in any way affected the bidding, does,
not affect a private sale made after such bond was given. Hebb v. Mason, 143 Md. 353.

This section sets out the only pre-requisite of a sale under sec. 6. Heider v. Bladen,
83 Md. 243; Erb v. Grimes, 94 Md. 102. And see Hebb v. Mason, 143 Md. 353.

In sales under sec. 6, the trust commences with filing of bond under this section, and
jurisdiction of court becomes complete on report of sale under sec. 10. Warehime v.
Carroll County Bldg. Assn., 44 Md. 516. And see Wilson v. Watts, 9 Md. 459; Warfield
v. Dorsey, 39 Md. 308; McCabe v. Ward, 18 Md. 508.

If a bond is defective, the defect must be raised by exceptions to ratification of sale,
and cannot be inquired into collaterally. Cockey v. Cole, 28 Md. 282 (qualifying McCabe
v. Ward, 18 Md. 509); Hebb v. Mason, 143 Md. 353.

Where a bond is filed on the day of sale, the law presumes that it was filed before
the sale. Hubbard v. Jarrell, 23 Md. 83; Hebb v. Mason, 143 Md. 353.

Where a bond filed in circuit court for Baltimore City is conditioned to fulfill any
order or decree of Baltimore County court, the bond is a nullity, and sale will be set
aside. McCabe v. Ward, 18 Md. 509. Cf. Cockey v, Cole, 28 Md. 282.

If sale is made by an attorney or trustee under act of 1826, ch. 192, the bond must
be given by party making sale and not by mortgagee. White v. Malcolm, 15 Md. 542.

This section referred to in determining that a corporation cannot exercise a power of
sale under sec. 6. Frostburg Bldg. Assn. v. Lowdermilk, 50 Md. 179.

This section held to have no application. Reeside v. Peter, 33 Md. 127.

Cited but not construed in Gaither v. Tolson, 84 Md. 641; Condon v. Maynard,
71 Md. 603; Webb v. Haeffer, 53 Md. 191; Harrison v. Annapolis, etc., R. R. Co., 50
Md. 512; Dill v. Satterfield, 34 Md. 53.

An. Code, 1924, sec. 8. 1912, sec. 8. 1904, sec. 8. 1888, sec. 8. 1825, ch. 203, sec. 4.

1826, ch. 192, sec. 1.

9. In all sales made in pursuance of such authority there shall be given
such notice as may be stated in such mortgage, or if there be no agreement
as to notice, then the party offering the same for sale shall give twenty
days' notice of the time, place and terms thereof by advertisement in some
newspaper printed in the county where the mortgaged premises lie, if there
be one so published, and, if not, in a newspaper having a large circulation
in said county, and also by advertisement set up at the courthouse door
of said county.

Cited but not construed in Knapp v. Knapp, 149 Md. 220 (see notes to art. 93, sec. 261).

Advertisement for sale of residence property in Montgomery County was sufficient
to gratify the requirements of this section. Lewis v. Beale, 162. Md. 20.

Cited but not construed in Allen v. Seff, 160 Md. 241; Assurance Corp. v. State,
163 Md. 126; Kelly v. Bldg. Asso., 166 Md. 186; Mortgage.Co. v. Matthews, 167 Md.
386, 392.

The notice to be set up at courthouse door is only necessary if there is no news-
paper published in county. Where mortgage required that property should be adver-
tised in accordance with this section, and subsequent to mortgage but before sale an-
nexation act changed geographical location of mortgaged property from Baltimore
County to Baltimore City, the advertisement was properly inserted in a Baltimore City
paper. Roberts v. Loyola Bldg. Assn., 74 Md. 3. Cf. Chilton v. Brooks, 71 Md. 452.

This section does not contemplate a daily notice for twenty days. What notice is
sufficient? Description of property in advertisement, held sufficient. White v. Malcolm,
15 Md. 541.

Where the mortgage calls for a notice which it is impossible to give, twenty days'
notice is required under this section. Warehime v. Carroll County Bldg. Assn:, 44
Md. 518.


 

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The Annotated Code of the Public General Laws of Maryland, 1939
Volume 379, Page 2615   View pdf image (33K)
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