1348

LAWS OF MARYLAND.

CHAP. 800

and such sum as shall have been expended in the insurance-
or necessary repairs and care of said property by the pur-
chaser, if any has been made.

Section 17 (E). That after the expiration of two years from
the date of such sale provided the same shall have been rati-
fied by the court, the Mayor of said town, shall by a good

Conveyance of
land to he
made.

and sufficient deed, to be executed and acknowledged accord-
ing to law, convey to the purchaser or purchasers the parcels
of land so sold; such deeds shall vest in the grantee an
absolute estate in fee simple, free from all liens and incum-
brances whatever, except liens for State, county or town
taxes.

Section 17 (F). That where any taxpayer of said town is
assessed with personal property alone, the clerk may in his

Personal
property
sold for
taxes.

discretion levy upon and sell the same for taxes due and in
arrear at any time after the first day of January in any year
after a levy; said clerk shall advertise notice of such sale in
some newspaper published in Kensington, and if there be no
paper published in Kensington then in some paper in Mont-
gomery county, for two weeks prior to such sale, and serve a
notice thereof upon such delinquent or leave a notice at said
delinquent's house or place of business at least ten days
prior to such sale.

Approved April 5, 1906.

CHAPTER 801.
AN ACT to Incorporate The Mortgage Investment Company.

SECTION 1. Be it enacted by the General Assembly of Mary-
land, That James Barkley, M. Gregg Latimer, Harry L.

Body
corporate.

Drake, William O. Crawford, Edward H. Mealy, Thomas H.
Blake and Charles Schlaffer, and the subscribers to the stock
of the corporation hereby created, and their successors and
assigns, be and they are hereby created a body corporate by the
name of "The Mortgage Investment Company," and by that
name shall have perpetual succession, and shall be competent
to sue and to be sued in any court of law or equity whatso-
ever; to have and to use a common seal and to alter the same
at pleasure; to make and adopt a constitution and by-laws
for the government of said body corporate and its officers,

provided the same shall not conflict with the constitution.