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Session Laws, 1949
Volume 590, Page 948   View pdf image (33K)
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948 LAWS OF MARYLAND. [CH. 394

sale, at the rate of fifteen per cent, and such payment, or the
tender thereof, shall render the sale null and void, and such
payment shall be an absolute bar to the ratification of the
sale; upon payment as aforesaid, the purchaser, or his
executors, administrators or assigns, shall execute a deed or
release, which shall be recorded as a deed of real estate.

(i) Twelve months after the date of sale, or as soon there-
after as may be reasonably convenient, the clerk, treasurer
and collector and the purchaser shall report the sale to the
Circuit Court for said county, sitting in equity, and in said
report the names of all persons interested in the property
shall be mentioned, and they shall be made parties, as would
be done in the case of a creditor's bill. Persons holding judg-
ment, mortgage or other liens on the real or leasehold prop-
erty sold, shall be entitled to be made parties thereto, and
notice shall be given to them by subpoenas or order of publica-
tion, as in other equity cases, and the case shall in due time
be heard, unless the taxes, interest, costs and expenses of the
entire case are paid within a time named by the court, the
sale shall be confirmed and shall pass absolute title in fee to
the purchaser, his heirs or assigns, provided, the balance of
the purchase money shall be paid into court within ten days
after the time allowed to the persons interested in the prop-
erty to pay the taxes, interest, costs and expenses have ex-
pired. As soon as the balance of the purchase money is paid
into court, the court shall order the clerk, treasurer and col-
lector to convey the property in fee simple to the purchaser,
his heirs or assigns, absolutely, and all right, title and in-
terest of all the parties shall pass to the grantee in said deed.
No sale shall be set aside, unless the taxes and interest thereon
shall be paid.

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

Approved April 22, 1949.

CHAPTER 394
(House Bill 549)

AN ACT to add a new section to Article 10 of the Code of
Public Local Laws of Maryland (1930 Edition), title "Dor-
chester County", sub-title "Cambridge", said section to be
known as Section 63C, and to follow immediately after
Section 63B of said Article, relating to borrowing by the
Commissioners of Cambridge on negotiable paper.

 

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Session Laws, 1949
Volume 590, Page 948   View pdf image (33K)
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