Indiana State sentinel. [volume] (Indianapolis) 1841-1853, 1845-01-23

affirmation Of complainant provided sso that
an injunction stay Of poeeedings other legal remedy
may be gsnted awadsd BY the proper circuit court In IA
Of such Occupant and the pbecedngs against him
ed bill or adsv being security CIV
TO the State the purchaser the said heirs assigns
Of said purchaser purchasers las the case may BEL in
penalty sufficient, and conditioned to prosecute the
bill with effect and in default to pay all damages that the
Obgee may sustain by reason 81 said injunction or other
SIC To- The sheriff shall retain said .raD, in his hands,
and any person removed OF any othef persoh shall
settle reside upon such land lot without the
Of or Presi-
dent the said sheriff shall forthwith person
and person shall be deemed guilty Of misdemeanor
and be liable TO Pescntment indictment theter and hall
conviction be hnea imprisoned In the dstelion Of the
jury trying The the hne not TO exceed hundred
OF The sheriff FOR executing the warrant 10 be collected
under the by ltvy and sale Of defendants props
erty in his bsiliwick.
SEc H. Any person who shall on any land or 10,
bid in by the State, shall any wiIfuI waste
thereof shall fOeit and pay three times the value am"uht
Of injury done by him, her, Them under his her
their direction and such value shall be
ed at less than DOLLARS which ay added Ibtison.
ment not exceeding Thirty Gays.
SEc - The purchase OF any such lands until fnl pay
hent be made shall confer any
claiming under him, any tight down destroy
any valuable timber wood standing growing thereon
destroy any fenres Houses other bui
ngs 10 any stone other valuable materials all
either Of which hereby declared TO be wul withn
the meaning Of the lat preceding section ovded however
that taking hhg necessary wood and timber aud oter
aeria for fuel and improving the iSes
by pohibed and provided ALSO that waste by such
purchaser other person shall forfeit the purchase and The
person guilty thereof may be removed fom the
premises according and uner the provisions of the 7h
10Th and ! lih sections Of this Act
49, In all where lands and lots have been bid in
for the State and Offered for public sale sold
and where is considered by the commissioners Of the Sink
Fund that The not worth ard probably will not
sell within reasonable time for the chaezble uro
hen the said shall
udcious and may sell the according to such valuation
either public private sale: Provided IL may BE- lawful
for said commissioners advertise lands bid in by the
for four weeks and no
SEC a. After sale Of the morgaged premises duly made
there shall be redemp,on and this provision Is declared
apply to sales heretofore made and to whefe THE
State has been become the purchaser az we'll as to
purchases by third persons provided however that nothing
herein shall prohibit the reinstatement OF mortgage under
the ID section hereof
SEc To- When default is made in the payment Of the
principal Of any loan from the Sinking Fund the
commissioners shall in the first proceed uron
bond IN where the Obgor considered response
bic and where the mortgage considered insufficient, and
ultimately for any deficit upon the mortgage
SEC is In foreclosure sales it shall be discretionary with
the mmissiOnes, when there is bid by ihd person
bid in the land Cor the State let the mortgage
main open for the time being.
Sc H. Any three mthbers shall constitute Board oil
commissioners Of the Sinking Fund.- and meeting may be
called at any time BY the President any three members
STE Is The said commissioners shall have power to sub
stiute mortgages stock when applied for
where the fund will probably sustain detrment
and to grant and execute partial releases Of mortgages upon
receiving part payment; provided that In either In,
commissioners shall be satisfied that BY substituting re-
leasing aforesaid, the security is not lessened
sEe 49, The said commissioners shall have p5wet 10 rein
the principal of stock mortgages that may paid
and the Of dvd nds State stock the Interest
the Bank loan either by loans real estate security
in stock in such Branches as yield the best dividends
the purchase oil the bonds given for the Bank lvah.
SEe 90 The said commissioner may in their discretion
receive from stock who may seriously embar
rassed transfers State much stock in
where they stockholders will relieve their mortgages
provided however, that such transfer shall be taken IN
Branches that do yield six evidendsand
the provisions for surrender Of stock BY embarrassed debt
and stakeholder in any Bahch Of said Bank aid for cam
nous consent of the Directors Of Branch
aAct 10 provide for The reduction Of the Safe and individual
stock Bank aud Tor other purposes" approved
further period Of twelve months FROM taking
act and in the canceng OF any stock under said act may
be included pats OF stock al such ndebt
the State
and signed authorized in this any other act sha b.
admitted evidence in all courts and the recals
therein contained shall be priG acis evidence Of thu
verify thereof subject ebued dispioye
by other competent evidence.
This act take effect and be force from and after it.
passage and shall be published in the Indiana State
nd Indiana Journal
A. C. STEVENSON,
Speaker Of the House Of Representatives.
JESSE d. BRIGHT,
President Of the Senate.
/ Approved, January Is 1913: