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The Maryland Code Public General Laws, 1904
Volume 393, Page 449   View pdf image (33K)
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ART. 16] TRUSTEE. 449

of the trust reposed in such trustee, which bond shall be
retained and recorded in the office of said clerk, and no title
shall pass to any trustee as aforesaid until such bond shall be
filed and approved as aforesaid, and no sale made by any such
trustee without such bond shall be valid or pass any title to
such property or estate. If the trust estate consists of real
property, or of real and personal property, situated partly in
the county or city in which the grantor resides, and partly in
one or more other counties, it shall be sufficient that a bond
has been accepted and filed in the county of the grantor's resi-
dence; if the trust estate consists entirely of real estate in a
county or counties other than of the residence of the grantor,
it shall be sufficient that a bond has been accepted and filed in
the county in which the deed has been first recorded.

Bank of Commerce v. Lanahan, 45 Md. 406. Harrison v. A. & E. R. R.
Co., 50 Md. 506. Stiefel v Barton, garnishee, 73 Md. 408. Gans v Carter,
77 Md 1. Fidelity Trust Co. v. Haines, 78 Md 454. White v. Pittsburg
Nat Bank, 80 Md 5. Moore, v Title Co , 82 Md. 289. Casualty Co.'s Case,
82 Md. 562. Miller v Matthews, 87 Md 477 Talbot v Leatherbury, 92
Md. 168, 169. United Rys. & Elec. Co. v. Rowe, 97 Md. 658.

1900, ch 114, sec 205A.

222. When any estate, real, personal or mixed shall be
limited or conveyed to any trustee as security for debt, or to
be sold upon a contingency, it shall not be necessary for such
trustee to file a bond until after the contingency happens, or a
sale is about to be made in pursuance of the power contained
in the deed or instrument creating the trust, and every such
trustee before making sale shall file with the clerk of the court
in which the deed or instrument creating the trust is recorded
a bond in such penalty as the clerk may prescribe, being as
nearly as can be ascertained double the amount of the trust
estate, and with sureties to be approved by the clerk, con-
ditioned for the faithful performance of the trust reposed in
such trustee, which bond shall be retained and recorded in the
office of the said clerk, and shall report all sales made by him
to the court of equity having jurisdiction in the premises, in
the same manner and subject to the same rules as are required
and prescribed in relation to sales made in pursuance of
decrees of courts of equity in this State; and no sale made by
any such trustee without such bond shall be valid or pass any
title to such property or estate. If the trust estate consists of

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The Maryland Code Public General Laws, 1904
Volume 393, Page 449   View pdf image (33K)
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