The Placer herald., 1857-03-07
Homestead Laws.

Provisions of Proposed New Homestead
Law.
All act amending the Homestead Law was
reported as a substitute for the other bills
by the Judiciary committee
The bill was read for information. It's
main feature is provision for the registra-
ton of the homestead
Sec. | amends sec 2 of the present act,
SO that a mortgage given upon the property
before the wife is a resident Of the State, or
before the property become a homestead is
valid.
Sec. 8 and s of the present act is repealed.
Sec. of the present act is amended. 1t
relates to the appraisement Of the homestead
to see if it exceeds in value the amount al
lowed by law.
Sec. 5 is new section added to the pres
ent law-that no place shall be homestead
unless recorded, and all claims to other places
must be released.
Sec g. County Recorders to record home
steads in book for the purpose, with some
fees as in other cases; together with the atfi-
davits relinquishing or denying any claim to
a homestead elsewhere.
Sec. T. The wife may record the home
stead if the husband neglects to do so.
Sec s. If a second homestead is record
ed, the entry Of the previous homestead is
cancelled.
Sec 0. A second record not to be effectua
when a prior record has been made in any
other county, until all claims to other home
steads are cancelled.
Sec 10. When homestead is sold to
purchase another one, $1,000 Of the money
is not to be subject to levy for sixty days.
Sec. IL. The previous act to remain in
force as to debts incurred heretofore
Sec. u. This act to 90 into effect July 1st,
1857, but the provisions authorizing record
OF homesteads immediately"
A correspondent of the Bulletin, gives the
following synopsis of still another one in
embroy at the time be wrote. We are rot
thoroughly convinced of the utility of this
description Of legislation, bat if we must
have such laws, we 90 in for the theory of
Mr.. Bell.
Mr. Bell of Alameda, has given notice of
new Homestead Law, or rather an addition
to the existing statute. Its principal feature
is, that it will enable every young man,
whether married or not, to own and hold a
homestead by recording and living in it.
This is intended to encourage young men
to settle themselves and engage IN industrial
occupations instead Of mere temporary specu-
lations Thus protected, lie hopes they will
make permanent investments, thereby giving
additional pledges for their good behavior
and usefulness to the community, and with
drawing themselves from the class of "tloat-
ing populntion' which at present includes SO
large part of our young and most energetic
citizens. Mr.. Bell also thinks that if young
men thus provide themselves with homesteads
and settle down, they will be very apt to
shortly look around for wives to keep them
in order, while the possession Of them will be
an inducement to accept their proposals,
which young women will not be able to re-
sist. In this way vast prospective increase
Of taxable property and population are also
anticipated. Further, to encourage matr-
mony and investments in real estate, which
cannot escape taxation, he proposes to ex-
tend the right of taxation to young and un
married women. Thus, those of the young
women who are somewhat fastidious, and
are not entangled by the prosperity of the
bachelors, by commencing housekeeping on
their own account, and teathering their nests
handsomely and with taste, can hardly fail
to entice there a mate suited to their tastes
and wishes.
A further provision makes all mortgages
upon the homestead, when recorded and de-
signated as such, invalid. As the homestead
is also made inaienable, this will prevent
the homestead being offered as security for
loans of money, which are very frequently
contracted through the improvidence or ex-
travagance of the husband. 1t protects the
wife from the undue persuasons or influence
of the husband, through which at present, in
spite of the separate examination, she is fire.
quently caused to incumber or risk an entire
loss Of the homestead. 1t also is intended
to protect the capitalist by preventing a
pledge of property as security which may
afterwards, by the act of the wife, be entirely
withdrawn from his control, and he thus be
left without remedy.
A PRESENTATION SPEEoH-The negroes
(slaves) employed at a pork house at Louis