HARRY W. NICE, GOVERNOR. 297

of a fractional interest in the entire unpaid mortgage debt is
an infant or otherwise incompetent, such consent may be given
by his guardian or committee, as the case may be, or if there
is no such guardian or committee, then such consent may be
given by his next friend, and any consent so given shall be as
valid and effective for the purpose of this Act, as if such
holder were not under any disability.

SEC. 2. And be it further enacted, That this Act shall take
effect June 1. 1937.

Approved May 18, 1937.

CHAPTER 174.

AN ACT to re-enact with amendments Section 720A of Article
4 of the Code of Public Local Laws of Maryland (1930
Edition), title "Baltimore City", sub-title "Mortgages" as
amended by Chapter 589, of the Acts of 1935, of the General
Assembly of Maryland, relating to securing decrees under
mortgages containing an assent to such decree for a fore-
closure sale, restricting the right of a holder of a fractional
interest in the unpaid mortgage debt to secure any decree
for a foreclosure sale except as provided in this Act.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That Section 720A of Article 4 of the Code of Public
Local Laws of Maryland (1930 Edition), title "Baltimore
City", sub-title "Mortgages" as amended by Chapter 589 of the
Laws of 1935 is hereby re-enacted with amendments to follow
immediately after Section 720 of said Article 4 and to con-
tinue to be known as Section 720A, so as to read as follows:

720A. In any case submitted to either of the Circuit
Courts of Baltimore City for the passage of a decree, as pro-
vided for in the preceding Section 720 aforesaid, no such
decree shall be passed unless the application therefor is made
or concurred in by the record holders of not less than 25% of
the entire unpaid mortgage debt, it being hereby declared to
be the intent of this Section that the holder or holders of a
fractional interest in an entire mortgage debt of less than 25%
of the entire interest shall not have recourse to the summary
and ex parte remedies given under said Section 720. Where
any holder of a fractional interest in an entire mortgage debt
is an infant or otherwise incompetent, such consent may be
given by his guardian or committee, as the case may be, or if