794

LAWS OF MARYLAND.

Maryland Volunteers, the sum of three hundred

dollars, bounty due him since eighteen hundred and

sixty-five.

In force.

SEC. 2. And be it enacted, That this act shall take

effect from the date of its passage.

Approved April 5, 1878.

CHAPTER 483.

AN ACT entitled an act to repeal section five of

article sixty-four of the Code of Public General

Laws, entitled " Mortgages," and to re-enact the

same with amendments.

SECTION 1. Be it enacted by the General Assembly

Repealed,
amended and

of Maryland, That section five of article sixty-four
of the Code of Public General Laws, entitled "Mort-

re-enacted.

gages," be and the same is hereby repealed, amended

and re-enacted so as to read as follows :

5. In all mortgages there may be inserted a clause

authorizing the mortgagee or any other person to be

named therein, to sell the mortgaged premises,

whether lands or goods and chattels, upon such

Moitgages —
clause may be
inserted.

terms and on such contingencies as may be expressed
therein ; and where "the interests in any mortgage

are held under one or more assignments, or other-

wise, the power of sale therein contained shall be

held devisible, and he or they holding any such in-

terest who shall first institute proceedings to execute

such power, shall thereby acquire the exclusive right
to sell the mortgaged premises ; and any sale here-

tofore made and set aside upon the ground that said

power is indivisable, may, by the court that set aside

Sale may be

such sale, be reviewed on the petition of the person

reviewed.

who made the same, or any other persons interested

therein ; and said court may annul its former decree

or order, and thereupon the same proceedings shall