The Law of Mortgages of Real And Personal Property Being a General View of the
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14. 6. Supplement, 297, 208: — Sect. 1. The time within which any creditor, who shall hereafter attach any personal property subject to a mortgage, pledge or 'lien, shall pay tlie sum due upon the mortgage, pledge or lien, after the same shall have been demanded of him by the mortgagee, pledgee, or holder of such lien, prescribed in the seventy-eighth and seventy- ninth section of the ninetieth chapter of the Revised Statutes, is hereby extended to ten days.
Sect. 2. Any personal property of a ...debtor, subject to a mort- gage, and being in the possession of the mortgagor, may be attached in like manner as if the same were unincumbered, and the mortgagee, or his assigns, may be summoned in the same action in which the property is attached, as the trustee of the mortgagor or his assigns, to answer such questions as may be put to him or them, by the Court or their order, touching the consideration of the mortgage, and the amount due thereon.
Sect. O. If, upon such examination, or verdict of a Jury, as here- inafter provided, it shall appear to the Court, before whom the action, on which the attachment is made, is brought, is'bond jide, the Court, having first ascertained the amount that is justly due ui^on the mort- gage, may direct the attaching creditor to pay the same to the mort- gagee, or his assigns, within such time as they shall order ; and if the attaching creditor shall not pay or tender to the mortgagee, or his NO.
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To quickly assess the difficulty of the text, read a short excerpt:
14. 6. Supplement, 297, 208: — Sect. 1. The time within which any creditor, who shall hereafter attach any personal property subject to a mortgage, pledge or 'lien, shall pay tlie sum due upon the mortgage, pledge or lien, after the same shall have been demanded of him by the mortgagee, pledgee, or holder of such lien, prescribed in the seventy-eighth and seventy- ninth section of the ninetieth chapter of the Revised Statutes, is hereby extended to ten days.
Sect. 2. Any personal property of a ...debtor, subject to a mort- gage, and being in the possession of the mortgagor, may be attached in like manner as if the same were unincumbered, and the mortgagee, or his assigns, may be summoned in the same action in which the property is attached, as the trustee of the mortgagor or his assigns, to answer such questions as may be put to him or them, by the Court or their order, touching the consideration of the mortgage, and the amount due thereon.
Sect. O. If, upon such examination, or verdict of a Jury, as here- inafter provided, it shall appear to the Court, before whom the action, on which the attachment is made, is brought, is'bond jide, the Court, having first ascertained the amount that is justly due ui^on the mort- gage, may direct the attaching creditor to pay the same to the mort- gagee, or his assigns, within such time as they shall order ; and if the attaching creditor shall not pay or tender to the mortgagee, or his NO.
What to read after The Law of Mortgages of Real And Personal Property Being a General View of the?
You can find similar books in the "Read Also" column, or choose other free books by Hilliard, Francis, 1806-1878 to read onlineMoreLess
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