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Session Laws, 1846
Volume 611, Page 358   View pdf image
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THOMAS G. PRATT, ESQUIRE, GOVERNOR.

18406

be reasonably demanded; and any arrearages of assess-
ment that he may then owe to the said society when the
said proper officer shall cancel any and all insurances that
may be in the name of the petson so withdrawing,
and shall make or cause a record to b'e made thereof in
the books of the said society, which shall release such
member from all liability for or on account of any notes,
judgments, due bills, or other evidences of debt to the
said society held by it for premiums on any and all slaves
insured, the insurance on which shall thus be cancelled,
and shall debar him or her or them from any claim on
this society for any loss or damage incurred by the running
away of any slave or slaves of such person subsequent
to the time of such withdrawal and cancelling of in-
surance.

CHAP. 356.

SEC. 4. And be it enacted, That all promissory notes,
notes of hand, judgments or other evidences of debt held
by the said society, and which shall have been given
thereto for premiums for insurance ot protection or for
any and all parts of said premiums, shall constitute and
be deemed a lien on any real estate held or owned by any
and all persons who shall become members of said socie-
ty; and that the real estate of all persons who shall be-
come members of said society, shall be held liable for the
just and full payment of such notes, judgments or evi-
dences of debt, either wholly or hi part, at such time or
times as the president and directors of said society may
or shall demanded of all legal charges that may be
incurred in enforcing payment thereof, in case of refusal
or neglect to pay by the drawers of such notes or evi-
dences of debt; and that any sale, mortgage or transfer
of such real estate subsequent to the date of such notes,
judgments or evidences of debt and during the time they
are in existence, shall not invalidate or prejudice the
lien created thereon by the making and delivery of such
notes, judgments or evidences of debt; and that such-
real estate shall only be released from liability or lien
thereon by the full payment of such notes, judgments of
evidences of debt, or such part thereof as may be de-
manded by the president and diiectora of said society,
and the cancelling of the insurance or insurances for
which they were given as premiums under such regula-
tions as the said president and directors may establish;
and in case of refusal or neglect to pay such judgments,
notes or evidences of debt, either wholly or in part when-
ever and as often as demanded by the said president and
directors of said society, the said president and directors

Deemed a lien
on real esttate.



 
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Session Laws, 1846
Volume 611, Page 358   View pdf image
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