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Session Laws, 1864
Volume 531, Page 172   View pdf image (33K)
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172

LAWS. OF MARYLAND.

In force.

Sec. 2. And be it enacted, That this act shall
take effect from and after the fourteenth day of
March, eighteen hundred and sixty-four.

 

CHAPTER 124.

Passed March
7, 1864.

AN ACT to add certain additional sections to
Article fourth of the Public Local Laws of the
State of Maryland, relating to Mortgages.

Additional
sections.

Be it enacted by the General Assembly of Mary-
land, That the following additional sections be and
the same are hereby declared to be a part of all that
part of Article fourth of the Public Local Laws
which relates to mortgages in the city of Baltimore.

Duty of courts.

SECTION 1. Where a default of the mortgagers has
taken place before the said conveyances have been
submitted to the Superior Court of Baltimore city,
or Circuit Court for Baltimore city, it shall
nevertheless be the duty of either of said courts,
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 fusual in the case of the sale of mortgaged
premises; and the said Trustee, or Trustees, may
sell the same agreeably to the terms of the said
decree; but before each sale the mortagee, or
mortagees, or some of the mortagees, or the exe-
cutor or administrator of a deceased mortagee, or
the assignee or assignees of the mortgage, or one
of such assignees, or the executor or administrator
of a deceased assignee, shall file in the court in
which the said proceedings are pending a statement
of the amount of the said mortgage claim remain-
ing due, verifying the same by the oath or affirm-
ation of the party filing the same; and the said
affidavit, or affirmation, may be made before any
of the persons mentioned in section seven hundred



 
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Session Laws, 1864
Volume 531, Page 172   View pdf image (33K)
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