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Session Laws, 1826 Session
Volume 437, Page 160   View pdf image (33K)
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1826.

LAWS OF MARYLAND.

CHAP. 191.

all right, title and interest, in and to the said part of the said
four acres, upon which said improvements stand, which the said
Jameson may have acquired under and by virtue of his said spe-
cial warrant of resurvey.

Passed Mar 1821

Mortgaged pre-
misers to be sold at
fully as under de-
cree of any court

CHAP. CXCII.
An Act relating to Mortgages in tile City and County of Baltimore.

1. Be it enacted by the General Assembly of Maryland*
That the mortgagee or mortgagees of any interest or estate,
hereafter to be created, in lands and tenements, lying within
the city of Baltimore, or in any part of Baltimore county, and
his, her or their heirs, executors, administrators, or assigns, or
his, her or their duly authorised attorney, agent or trustee, ap-
pointed for that purpose, may and shall be authorised, on the
failure to pay the debt or sum of money, including principal
and interest, secured by the mortgage of such estate or interest,
und giving at least twenty days notice in two or more of the
daily newspapers published in said city, of the time, place,
manner and terms of sale, to sell such mortgaged premises at
public auction to the highest bidder, as fully and freely, in
every respect, as any trustee acting under a decree of any court
may do.

Bond to be given

2. And be it enacted, That before any person shall be en-
titled to act in virtue of the authority vested by the preceding
section, be or she shall give bond to the state of Maryland, in
such penalty, and with such security, as shall be approved by a
judge of Baltimore county court, or the clerk thereof, to abide
by and fulfil any order or decree which shall be made by Balti-
more county court in relation to the sale of such mortgaged
property, or the proceeds thereof, and such bond shall be and
remin as an indemnity to, and for the security of, all persons
interested in such mortgaged property, or the proceeds thereof,
and be subject to be sued as other bonds taken in the name of
the state are, and also subject to the same disabilities and limi-
tation as such other bonds.

Report under
oath to be made

3. And be it enacted, That every person making sale of
mortgaged property under the authority of this act, shall make
a report, under oath, or affirmation, of the mode of their pro-
ceeding, and of all matters done in pursuance of such authority,
and of the fairness of the sale, within fifteen days after such
sale, to Baltimore county court, and file such report among the
records of said court within said time.

Sale may be af-
firmed

4. And be it enacted, That upon a copy of such report being
published in at least two of the daily newspapers printed in the
city of Baltimore, once a week for three successive weeks, and
proof thereof being certified by the publishers of such news-
papers to the said court, or to any judge thereof, the sale of
such mortgaged estate or interest may be affirmed by said court
or judge, and the party selling the same, on the terms of sale be-
ing complied with, shall execute a deed therefor according to
law to the purchaser or purchasers, his, her, or their heirs or
assigns, and such deed shall entitle the said purchaser or pur-
chasers, or his, her, or their heirs, executors, administrators, or
assigns, as the case may he, to hold, possess and enjoy, such



 
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Session Laws, 1826 Session
Volume 437, Page 160   View pdf image (33K)
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