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Session Laws, 1892
Volume 397, Page 158   View pdf image (33K)
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158

LAWS OF MARYLAND.


24. If upon the sale of the whole mortgaged property by

Court may

virtue of a power of sale contained in the mortgage under

enter de-
cree for de-

. the provisions of this article (sixty-six), the net proceeds

ficiency on
mortgage

thereof, after the costs and expenses allowed by the court

sale.

are satisfied, shall not suffice to pay the mortgage debt and


accrued interest, as the same shall be found and determined


by the judgment of the court upon the report of the auditor


thereof, the court may upon the motion of the plaintiff, the


mortgagee or his legal or equitable asignee, after due notice


by summons or otherwise, as the court may direct, enter a


decree in personam against the mortgagor or other party to


the suit or proceeding, who is liable for the payment thereof,

Proviso.

for the amount of such deficiency ; provided, the mortgagee


or his legal or equitable assignee would be entitled to main-


tain an action at law upon the covenants contained in the


mortgage for said residue of said mortgage debt so remain-


ing unpaid and unsatisfied by the proceeds of such sale or


sales ; which decree shall have the same effect and be a lieu


as in the case of a judgment at law, and may be enforced


only in like manner by a writ of execution in the nature of


a writ of fieri facias by attachment or otherwise.


Approved March 15th, 1892.


CHAPTER 112.


AN ACT to cofirm ordinance No. 23, approved April 8th,


1891, of the ordinances of the Mayor and City Council of


Baltimore, entitled, "An Ordinance to authorize the con-


struction of city passenger railway tracks by the North


Avenue Railway Company of Baltimore City, on North


Avenue from McCulloh street to Guilford Avenue and


thence on Guilford Avenue and North street to Lexington


street, and thence on Lexington street to Charles street


and on North street to the north side of Fayette street. "


WHEREAS, by ordinance number twenty-three, approved


April 8th, 1891, of the ordinances of the Mayor and City


Council of Baltimore, entitled, An ordinance to authorize


the construction of city passenger railway tracks by the

Preamble.

"North Avenue Railway Company of Baltimore City on


North Avenue from McCulloh street to Guilford Avenue


and thence on Guilford Avenue and North street to Lexing-


ton street aud thence on Lexington street to Charles street


and on North street to the north side of Fayette street,"


the North Avenue Railway Company of Baltimore City was



 
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Session Laws, 1892
Volume 397, Page 158   View pdf image (33K)
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