St. Cloud Democrat. [volume] (Saint Cloud, Stearns County, Minn.) 1858-1866, 1860-02-23
A BILL,


For an Act to amend an act entitled can
act to regulate the foreclosure of Real Es-
tate" approved July twcntyninth, "A. d.
1858.
Be 1t enacted By the Legislature of the
State Of minnesota
Section L. That section one, Of act
entitled IAN act to regulate the foreclosure
Of real estate approved July 20, 1858,
be amended so that it shall read as follows,
| viz:
! Section One. That any real estate
hereafter to be sold upon the execution,
judgement, order; Or decree Of any court
of this State, or upon the foreclosure by
advertisement, or otherwise, ola mortgage,
contract, or liability, shall te held by the
party Purchasing the same, subject to the
right Of the judgement debtor, mortgagor,
Of any one claiming through or under him,
OF them, to redeem the same at any time
within three years, from the. day Of such
sale, upon paying TO the purchaser, mort
gagee, or judgement creditor, the sum OF
amount for which the S me WIS legally
sold, or forclosed, and interest thereon, at
the rate Of SEVEN PER CENT. per an
mum. Other creditors Of original judge
mcnt debtor or mortgagor may at any time
within three years: after such sale redeem
such promises upon the same time as the
judgement debtor or mortsagor, by pay
ing to the first or previous purchaser the
amount of his BID, and interest thereon,
as aforesaid, and so o. .and as often as one
purchaser, mortgage, or creditor, shall
purchase or redeem from another; I2rovi-
ded, That the original debtor, his heirs
OF assigns shall have THE PERIOD OF
THREE YEARS for the redemption upon
each and every such sale, foreclosure, adj
vance or redemption after the same shall
have been made, and notice thereof fled
in the office Of the Register Of Deeds in
the County where such real estate shallbe
situated.
Section ?. That section two of said act,
approved July 20, 1853, be, and the same
is hereby amended so as to read as fol-
lows
Section t,eo. Provided always, that the
judgement debtor or MORTGAGE, or any
one claiming through or under him, shall
be entitled to the possession, rents, use,
and profits @ any and all such premises,
or real estate, SO sold, purchased, Or
forcclosed, up to the time Of the cxpira-
ton of his ri ght of rcdemtion as aforesaid:
Provided, That the judgement debtor
shall pay the interest annually, AT THE
EXPIRATION OF EACH YEAR.
Section 3. This act shall be in force,
and take effect from and after its passage
The Herald Of Freedom, at Lawrence,
Kansas, has expired. It was established
as Free State paper, and once had
large circulation at the East, but it's in
fucncc was sold to the National Admin
istration, and it lost its list Of subscribers,
and as the Administration had no more
use for it, it has come to a melancholy
end: The only paper now published at
Lawrence, is the Republican, sta1ch and
able advocate of Free State principles,
which has every appearance of being we'll
sustained.
Il bill was introduced in the Texas
Legislature, providing for the imprison-
ment of Northern preachers, teachers and
agents of mercantile houses, who visit
that State. If this law is passed, We pity
Texas, for certainly, from our knowledge,
nearly all of christianity, knowledge and
business talent which have thus far de-
veloped her resources, have been derived
from the North. ~
w. D. Ray, editor of the Southern Sun,
was murdered on Thursday by Shippard,
his dcfaulting clerk, at Vicksburg, Miss.
lie was shot through the heart.