New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-15

Re.e'.sd BY he scue, ord R,r'. q R.1-o.nsa,i. Of IA.
Stat ne S". 4 4 IS. rs ga:; .A B. SIN
sruc,ed and the members Of HewYOrs CorIr,..on.
GS % Court q p'sf Bss aa s.sS.
and determining the character and amounts Of ali such indebted
HOMESTEAD EXEMPTIONS.
Mr. NOXON introduced the following bill:
On sseo1 the So@.e.d Of hoa..hsdeT
family" Passed April TO- zee !. hereby IePesed
Tbs, section Of the chapter Of the Law proposed to be repealed
en .y r,gpsry to ;ch &c II. o.nSscysnss q
this act or already purchased or the Conveyance doe.
show such den notice that the ann Is de.sned to be 20 he'd
aid property which shall contain full description thereof and
, he recorded II the once OF ne Cett o. ne county N which
po.r and known a. Exemption BOOK But no
or non payment of take. @ deb contracted
therefor prior to the recording Of the aforesaid
deed OF notice"
REDEMPTION OF REAL ESTATE.
Mr.. NOXON also introduced the following bill pro.
viding for the redemption of real estate sold under
foreclosure Of mortgage:
SECTION Within year from the day Of of any real or
essbod estate by virtue Of any mortgage heretofore ecuted
estate any distinct lot Tract portion thereof sold may be
redeemed by the moggor bis personal representatives
sentative. Of assigns OF to the Treasurer the County in which
such real leasehod estate . situated for the use Of i par
that from the time Of such sale at the rate Of per
SIC II shall be the duty Of said purchaser County Treas
make and execute certificate stating the receipt Of any
the foregoing fu
pr misses from sd sale and hegpon to acknowledge
the before officer authorized 10 take the proof
cftbe County said ortsged pre- misses are
situated the said sale shall become null and void
Sic Such certificate shall be recorded by the County Clerk
II tie county or counties where such land situated in the
City Of by the Register of Deeds in the book Of
therein and such certificate and the record thereof shall BE-
pna ce evidence Of The facts therein contained and there
mortgage TO any sale made by virtue thereof
authorizing such sale
SIC The purchaser such shall be entitled to the
Possession OF sold
twenty days from the day Of sa unless the MORTGAGE
one entitled to redeem said mortgged pSuse shall within said
twenty days sye security such purchaser for the and
n'G h pP yt 2y 99 sn tn esT
heir assigns at the expiration of yes from the
sale in such premises shall not be redeemed authorized
SEC s. snch security hall be bond in the penalty of double
the bid by such purchaser said sale with
hcent auretes to be sPpoyedby the County Judge in
ord in which the morsuged premises situated cond
toned to deliver possession of said premises at the
pirston of year from the time Of said sale to said
%ited any waste OF 70 "o the Yaas Of ! !d
per cent The amount bid by said purchaser seven
soresad provided the premises rendered according the
provisions Of said act said bond to be delivered to the purchaser
fled in the office Of the Clerk of county where such mort
SIC After the expiration of year and within fifteen
herein fore specified, every creditor having lien such
morgased premises subsequent to such ogsse orecosed lin
such redeemed within
by the gssor his representatives asgns shall have The
night to redeem such premises trom such sale according to the
The creditor having the senior lien shall redeem by paying to
the purchaser County Treasurer the such
the paid by such purchaser with per per
interest thereon from the day OF such sale and second
other creditor redeem the from such sale aud from
such edeeming creditor by paying to him. 10 the County
treasurer for his the paid by him such redemption
win seven per cent interest thereon from the day
such payment together with the
those of such second other creditor held
senior creditor from whom such second creditor
redeeIns with seven cent interest thereon"
SEC To eptite creditor acquire the title of origi
nal purchaser become purchaser other creditor
pursuant to the foregoing provisions he shall present and leave
with such purchaser creditor County the ev.nc
Of such right required by law rede eming of
estate upon execution by sherifs $50
SEC O. This act shall take effect mmediately.
AFTERNOON SESSION.
Mr.. OWEN concluded his remarks on the Kansas
resolutions.
Mr.. WADSWORTH replied, but gave way without
cor Guiding his remarks for a motion for recess till
u Ppm.
EVENING SESSION.
The Senate reasseInbled at p. III.
Mr.. WADSWORTH concluded his speech on the
Kansas resolutions.
Mr. j. D.tWILLARD moved that their further con-
sderation be indefinitely postponed. Lost-feas IL;
Nays, II.
Mr. MATHER moved that the resolutions be made
the special order for Tuesday, IL m. Carried.
Mr. SPINOLA, with consent, presented memorial
from the Long Island Railroad asking extension of
time to pay the State debt.
Mr. SLOAN with consent introduced a bill relative
to Receivers of Banking Institutions. Adjourned.