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Session Laws, 1898 Session
Volume 482, Page 517   View pdf image (33K)
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LLOYD LOWNDES, ESQUIRE, GOVERNOR. 517

and said order and directions shall be recorded in said court
with said decrees.

729. The said court may, at its discretion, from time to
time, appoint any other trustee or trustees in place of those
appointed by the decree; and the proceeds of such sales shall
be accounted for, to, and distributed by, said court, in the man-
ner usual in cases of s'ales under decrees of said court.

730. Any mortgagee of property in the City of Baltimore,
his assignee or executor, where a power to sell is contained in
the mortgage, may proceed under Article 66 of the Public
General Laws, title "Mortgages," but notices of sale under such
power shall be published in two daily newspapers in said City
for the period required by law.

731. Where a default of the mortgagors has taken place
before the said conveyances have been submitted to the Circuit
Court of Baltimore City, it shall, nevertheless, be the duty of
said court, upon the submission of the said conveyances to
such court, after the said default, to forthwith decree that the
mortgaged premises shall be sold on such terms of sale as to
the said court shall seem proper, and to appoint by said decree
a trustee or trustees to make such sale, requiring bond and
security for the performance of the trust, as is usual in the case
of the sale of mortgaged premises; and the said trustee or trus-
tees may sell the same agreeably to the terms of the said decree;
but before each sale the mortgagee or mortgagees, or some of
the mortgagees, or the executor or administrator of a deceased
mortgagee, or the assignee or assignees of the mortgagee, or
one of such assignees, or the executor, or administrator of a
deceased assignee, shall file in the court in which the said pro-
ceedings are pending, a statement of the amount of the said
mortgage claim remaining due, verifying the same by the oath
or affirmation of the party filing the same; and the said affida-
vit or affirmation may be made before any of the persons men-
tioned in section 721 of this Article, and the same shall be
authenticated as provided for in section 721.

 

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Session Laws, 1898 Session
Volume 482, Page 517   View pdf image (33K)
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