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Proceedings of the House, 1892
Volume 398, Page 1167   View pdf image (33K)
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1892.] OF THE HOUSE OF DELEGATES. 1167
Also, unfavorably,
Senate bill entitled an Act to repeal and re-enact
with amendments section 225, of Article 10, title
"Chancery," sub-title "Witnesses and Testimony,"
of the Code of Public General Laws, as repealed and
re-enacted with amendments by chapter 86, of the
Acts of Assembly of Maryland, passed at the January
Session, 1890.
Which report was adopted.
Said bill, as amended, was then read a second time.
Also, favorably, with proposed amendment,
Senate bill enritled an Act to add an additional sec-
tion to Article 66, of the Code of Public General Laws
of Maryland, title "Mortgages,' to be numbered section
25, providing that the title to all prommissory notes,
other instruments hereafter made, or debts hereafter
contracted, secured by mortgage, or deeds in the
nature of a mortgage, shall from and after the ma-
turity of such prommissory notes, other instruments
or debts, be conclusively presumed to be vested
in the person or persons, or body corporate holding
the record title to such mortgage or deed in the
nature of a mortgage, and providing that if such
mortgage or deed in the nature of a mortgage be duly
released of record, such overdue prommissory note,
other instrument or debt, shall be conclusively pre-
sumed to be paid.
AMENDMENT PROPOSED.
In line 1, section 25, strike out the word "herein-
after" and insert the word "hereafter" in lieu
thereof.
At the end of section 25, add the following : "So
far as any lien upon the property conveyed by said
mortgage or deed in the nature of a mortgage is
concerned."
Which was adopted.
Mr. Joyce reported favorably, from the Committee
on Corporations,
Senate bill entitled an Act to incorporate the Robe-
son Cemetery Association of Garrett county.
Which was read a second time.


 
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Proceedings of the House, 1892
Volume 398, Page 1167   View pdf image (33K)
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