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Session Laws, 1962
Volume 651, Page 169   View pdf image (33K)
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J. MILLARD TAWES, Governor 169

mission shall have failed to acquire title to the property and ascer-
tained the amount to be paid for same within one year from the date
the plats or maps are recorded, as aforesaid, or have failed to file
a condemnation suit in the proper court, as aforesaid, then, and in
such case, the value of the property shall no longer be determined
as of the date the plats or maps were recorded but shall be deter-
mined as of the time of acquisition unless the value be less at the
time of acquisition and then, in such cases, the value shall be deter-
mined as of the recordation date.

SEC. 57. And be it further enacted, That Sections 4 and 6 of
Article 90 of the Code, title "Sureties", sub-title "Counter Security",
be and they are hereby repealed and that new Sections 4 and 6 be
enacted in lieu thereof, to stand in the place of the Sections repealed
and to read as follows:

4. A court which has ordered a fiduciary to give countersecurity
pursuant to THE Maryland Rule V 73 f. RULES may, in addition to
and other means of enforcing such order, compel compliance therewith
by attachment and sequestration; and, if the fiduciary fails to give
countersecurity within the time fixed by the court, and is removed
and a new fiduciary appointed in his place, the new fiduciary may
bring suit on the bond of the removed fiduciary.

6. Before a court shall release a surety from further liability
pursuant to THE Maryland Rule V 73 f. RULES it shall adjudge
what proportion, if any, of the money paid such surety for going on
such bond shall be returned to the fiduciary estate or party paying
the same.

SEC. 58. And be it further enacted, That Section 216 of Article 93
of the Code, title "Testamentary Law", sub-title "Guardians and
Infants Not Residing in this State", be and it is hereby repealed and
re-enacted, with amendments, to read as follows:

216. If any nonresident infant shall be entitled to any legacy,
bequest or distributive share, [or to the proceeds of any sale made
under a decree of a court of equity] or to any money or personal
property in the hands of a trustee appointed by will or shall be
entitled to the proceeds of sale of property in this State or to any
legacy, bequest or distributive share of any personal property in
the hands of any administrator or guardian in this State, and such
infant has a guardian regularly appointed in [this] the state, district
or territory of the United States in which such infant resides, such
foreign guardian may obtain an order from the proper court for the
payment, transfer or delivery of such proceeds, legacy, bequest or
distributive share upon the terms prescribed in §§ 217 and 218.

SEC. 59. And be it further enacted, That Section 219 of Article 93
of the Code, title "Testamentary Law", sub-title "Guardians and
Infants Not Residing in this State", be and it is hereby repealed,
and that a new Section 219, be and it is hereby enacted in lieu
thereof, to stand in the place of the Section repealed and to read
as follows:

219. // the money or property claimed is in the hands of an execu-
tor, administrator, guardian or trustee appointed by will, and the



 

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Session Laws, 1962
Volume 651, Page 169   View pdf image (33K)
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