WM. PRESTON LANE, JR., GOVERNOR. 1035
CHAPTER 430
(Senate Bill 140)

AN ACT to repeal and re-enact, with amendments, See-
71, of Article 21, of the Annotated Code of Maryland,
(1939 Edition), title "Conveyancing", sub-title "Con-
ditional Contracts of Sale", relating to the recording of
instruments covering Conditional Contracts of Sale.

SECTION 1. Be it enacted by the General Assembly of Maryland,
That Section 71, of Article 21, of the Annotated Code of
Maryland, (1939 edition), title "Conveyancing", sub-title
"Conditional Contracts of Sale", be and the same is hereby
repealed and re-enacted, with amendments, to read as
follows:

71. Every note, sale or contract for the sale of goods
and chattels, wherein the title thereto, or a lien thereon,
is reserved until the same be paid in whole or in part, or
the transfer of title is made to depend upon any condition
therein expressed and possession is to be delivered to the
vendee, shall, in respect to such reservation and condition,
be void as to subsequent purchasers, mortgagees, incum-
brancers, landlords with liens, pledgees, receivers, and
creditors who acquired a lien by judicial proceedings
on such goods and chattels without notice until such note,
sale or contract be in writing, signed by the vendee and
be recorded in the Clerk's office of the Superior Court
of Baltimore City, or in the Clerk's office of the Circuit
Courts of the various counties, as the case may be, where
the vendee resides, or in the case of a corporate or
partnership vendee, then where such vendee has its prin-
cipal place of business in the State of Maryland; and
such recording shall be sufficient to give actual or con-
structive notice to such parties when a memorandum
of the paper writing signed by the vendee or vendees, set-
ing forth the date thereof, the amount due thereon, when
and how payable and a brief description of the goods and
chattels therein mentioned shall have been recorded with
the Clerk aforesaid, but it shall not be necessary that
said paper writing shall be acknowledged or an affidavit
made to the consideration therein expressed as in the case
of bills of sale.

SEC. 2. And be it further enacted, That this Act shall
take effect June 1, 1949.

Approved April 29, 1949.