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Proceedings of the House, April, June and July Special Sessions, 1861
Volume 430, Page 77   View pdf image (33K)
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1861.] OF THE HOUSE OF DELEGATES. 77

Amendment proposed.

Strike out all after the word "sale" in the section, and
insert the following "for twelve mouths from the passage of
this act,"

Which was read and adopted,
Amendment proposed:

Provided, In all cases of a mortgage of personal property
when there has been a decree for the sale of the same, or
when there is a power of attorney for sale, contained in said
mortgage, the mortgagor to entitle himself to the stay under
this act, shall give bond to the mortgagee in a penalty and
with security to be prescribed and approved by the Clerk of
the Circuit Court of the county where the mortgage is record-
ed, or by the Clerk of the Circuit Court or of the Superior
Court of the city of Baltimore, if the mortgage is recorded
in said city, with condition that he will surrender and de-
liver up to the said mortgagee, or any trustee appointed to
sell the same, the said personal property so mortgaged in as
good condition as the same was at the passage of this act ;

Which, was read.

Mr, Wallis proposed the following proviso as an amend-
ment :

And provided further, that nothing in this act shall be
construed to affect the lien of judgments rendered, or to be
rendered, or to prevent the prosecutions of attachments on
warrant or judgment against the lands, goods and credits of
non-residents, as under existing laws ;

Which was adopted.

The provision as amended was then adopted.

Amendment proposed by the committee as section third :

And be it enacted, That if any person or persons, by rea-
son of this act, shall refuse and neglect to pay any interest
or taxes which may be due upon any mortgage, such person
or persons shall pay interest upon said interest from the time
when said interest became due.

Mr. Wallis proposed the following substitute :

That this act shall not be held to apply to decrees or judg-
ments for the payment of interest or taxes, as between parties
to mortgages, judgments, or other contracts, upon which said
interest or taxes are payable at a specified time, or times.

 

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Proceedings of the House, April, June and July Special Sessions, 1861
Volume 430, Page 77   View pdf image (33K)
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