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LAWS OF MARYLAND.
3. And be it enacted, That the levy
court of the county aforesaid,
be, and they are hereby authorised and empowered to purchase
such lot or lots contiguous or convenient to the poor house
property of the said county, as they may think expedient and economical
support of the poor, and to levy on the assessable property
of said county, such sum or sums of money as may from
time become necessary to carry into effect the objects of this
act. |
105
Dec. Ses. 1825.
May purchase
lot. |
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CHAPTER 135.
An act to authorise the appointment of a trustee or trustees, with power
to mortgage certain real estate for the purposes therein
mentioned. |
Passed March
1, 1826. |
WHEREAS, it is represented to this General Assembly,
that
William Campbell, late of Frederick county, deceased, was at
the time of his death, seized and possessed of considerable real
and personal estate, and was indebted to a very large amount,
that the estate which he left is greatly more than sufficient to
pay his debts, if a sale of said property could be effected on reasonable
terms; but at this time it cannot be sold without a considerable
sacrifice: And whereas, The devisees and heirs at law
of the said William Campbell, have petitioned this General Assembly
for a law to authorise them or some person for them, to
raise a sufficient sum of money to pay the debts due by the said
William Campbell, by mortgaging the real estate of which the
said Campbell dies seized; Therefore, |
Preamble. |
Sec. 1. Be it enacted by the General Assembly
of Maryland,
That the chancellor of Maryland, upon the application of any
person or persons interested in the said estate, and upon being
satisfied that it will be beneficial to the creditors and other persons
interested in the said estate, be, and he is hereby authorised
to appoint a trustee or trustees with power and authority to
mortgage the real estate of which William Campbell, late of
Frederick county, died seized, or any part thereof, to such person
or persons, and for such sum or sums, and on such terms
and conditions as he, she or they may deem most advantageous
to all the persons interested as aforesaid in the estate of the said
William Campbell: Provided, That the trustee or trustees so
appointed before he, she or they, proceed to the execution of
the said trust shall execute a bond to the State of Maryland,
with such security as the chancellor, shall require, conditioned
for the performance of said trust, and for the faithful application
of the sum or sums of money which may be received from
the mortgage of said estate, to the payment of the debts due by
the said William Campbell previous to his decease. |
Chancellor
may appoint
trustee to
mortgage.
Proviso. |
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