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Supplement to the Maryland Code, Containing the Acts of the General Assembly Passed at the Session of 1864
Volume 382, Page 28   View pdf image (33K)
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28 COURTS. [ART. 29.

tion the debtor then pay all the interest then accrued and costs,
and an instalment of one-fourth of the whole debt, there shall
be a stay of execution for four months thereafter, when upon
payment of the interest then due, and a second instalment of
one-third of the original debt, there shall be a stay of four
months thereafter; and upon the payment of the interest then
due and a third instalment of one half the balance of the origi-
nal debt at the expiration of -that time, there shall be a further
stay for four months thereafter; at the expiration of which time
the entire balance of said debt with interest and all costs accrued
after the first payment shall be paid; provided, however, that if
the debtor shall fail to pay the first or any subsequent instal-
ment at the time or in the manner and to the amount set forth,
he shall forfeit all benefit of this act, and execution may issue
as to the whole or any balance of the debt with interest and
costs then due.

2. During the continuance of this act judgments rendered by
justices of the peace within any of the counties of this State to
which this act is made applicable, shall be liens on the real
estate of the defendants in said judgments upon their being re-
corded as hereinafter provided for, upon their being filed. with
the clerk of the Circuit Courts of the several counties of the
State, in which the defendants shall reside, and recorded in a
record kept for that purpose, (for which the clerk shall receive
twenty-five cents in each case, ) but the lien of said payments
shall not be considered as prior to judgments rendered in the
Circuit Courts of this State at the term of said courts next suc-
ceeding the filing of the judgments rendered before justices of
the peace as aforesaid, but shall be considered only equal as lien
to them.

8. The securities provided for as to a mortgage of personal
property, and also the immunity of the lien of judgments in the
second section of the original act referred to shall apply to all
cases covered by this act, and that this shall not apply to debts
contracted after the passage of this act.

4. The period allowed by this act shall not be computed as a
portion of the three years within which an execution may issue


 

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Supplement to the Maryland Code, Containing the Acts of the General Assembly Passed at the Session of 1864
Volume 382, Page 28   View pdf image (33K)
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  << PREVIOUS  NEXT >>


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