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Session Laws, 1815
Volume 634, Page 94   View pdf image
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94

LAWS OF MARYLAND.

Dec. Sess.
1815.

Passed Jan.
2, 1816.
Trustee may
sell--bond.

Provisos.

CHAPTER 93.

An act to authorise the sale of the real estate therein mentioned.
Sec. 1. BE IT ENACTED by the. General Assembly of
Maryland, That it shall and may be lawful for the chancellor
of this state, upon petition of all or any of the parties interest-
ed if upon a full examination of facts he shall be of opinion it
will be for the benefit of all concerned, to appoint one or more
persons as he shall think proper, to sell and dispose of all the
lands of which Philip Barton Key died possessed in Montgome-
ry county, on such terms and in such quantities as to him may
appear most for the benefit of the heirs and representatives of
the said deceased, and to authorise the trustee or trustees ap-
pointed to make said sale, to make and execute a deed or deeds
of conveyance for the said lands, or such part or parts thereof
as may be sold as aforesaid, upon the receipt of the purchase
money, to the purchaser or purchasers thereof, and to order the
said proceeds of sale to be invested in such fund as he may
deem most beneficial for those concerned, by said trustee or
trustees, or order the said trustee or trustees to pay over the
same to the persons entitled, as the same may be received by
him or them in such way as he may direct, after paying the
expenses of such sale or sales, and such commission as the
chancellor may allow him or them for their trouble in making
the same; Provided, thai before any deed shall be executed
and delivered by the said person or persons to be appointed as
aforesaid, for conveying the said lands or any parts thereof to
the said purchaser or purchasers, the sale thereof shall be con-
firmed by the chancellor; And provided also, that the said per-
son or persons so to be appointed, or such person or persons as
shall act under such appointment, shall before they proceed to
act enter into bond to the State of Maryland, with two sureties
to be approved by the chancellor, in the sum of fifty thousand
dollars, conditioned for his or their faithful performance of the
said trust and for their compliance with the orders of the said
chancellor in the premises, who shall direct what proportion of
the said purchase money received for the said lands or such
part of them as may be sold as aforesaid, shall be paid over to
the widow of the deceased, in compensation and lieu of her
dower in the said lands; which said bonds shall be recorded
among the records of the chancery court, and upon such bond
or an office copy thereof, suit or suits may be instituted against
the obligor or obligors therein or any of them, for any breach
or non compliance with the condition thereof by any person in-
terested therein.
2. AND BE IT ENACTED, That a deed or deeds exe-
cuted by the said person or persons, or such of them as shall
act, after the sale made by him or them of the said lands or
any of them shall have been confirmed by the chancellor, and
the purchase money paid shall have the effect to convey to the
purchaser or purchasers all the right, title, claim and interest
both at law and in equity, which the said Philip Barton Key
had at the time of his death in the lands mentioned in such
deed or deeds to have been thereby bargained and sold, and
shall be a bar to any claim of dower by the said widow of the
said deceased, and to the right or claim of his representatives,
which deed or deeds shall be acknowledged and recorded in
the manner and within the time limited by law in the case of



 
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Session Laws, 1815
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