Belmont chronicle. [volume] (St. Clairsville, Ohio) 1855-1973, 1878-06-20
Chattel Mortgages.

We give below, the text of the new Law,
(passed May 18th, 1879 respecting the filing,
recording and Indexing of Chattel Mortgages,
in the State of Ohio:
An Act to amend sections three, six and sew
en-, of an Act entitled ''An Act to require
mortgages pr bills of sale, of personal prop
erty to be deposited with Township Clerks -
passed Feb. oath: 1916, Is. & c., p 475) and
to repeal an act supplementary thereto pass
ed and took effect April 30th, 1877, o. L., "
IA, p. l49.)
SECTION T. Be it enacted by the General
Assembly of the State Of Ohio, That Sections
8, 6, and 7, of the above reeited act be 90
amended as to read as follows: ..59es
SEC. 3. Upon receipt of any such instru-
ment, the Clerk receiving it shall file the same
and endorse thereon the time of receiving it,
and shall deposit the same in his office, to be
kept there for the inspection of all persons, in
terested, and such Clerk shall number every
such instrument left with him, and shall enter
in book to be provided by the Township
Trustees, alphabetically. the names of all the
parties to such instrument with the number
thereon opposite each name, together with the
date of such mortgage, the date of filing the
same, and the amount secured thereby, which
entry shall be repeated alphabetically, under
the name of every party thereto, and when
such mortgage shall be refiled or cancelled, the
date of such refling or cancellation shall be en-
tered upon such record, in the margin thereof,
opposite the original entry Of the same, provi-
ded that if the party depositing such mortgage,
shall desire the same recorded, 1t shall be the
duty OF such recorder or clerk also to record
the same at the expense of the person deposit
ing such Mortgage, in q book to be provided
for that purpose at the expense of the Town.
ship; and he shall be entitled to receive there
for from the person depositing such Chattei
Mortgage, ten cents per one hundred words,
and when any such mortgage or bill of sale is
refiled for the purpose Of extending the lien, as
provided by law, such recorder or clerk shall
enter on the margin of such record any affida.
Wit, credit or statement, which may have been
placed thereon since it was recorded, and he
shall receive therefor the further sum of twen-
ty-five cents. A certified copy of such record
shall be received as evidence in all courts OF
this State; and where such mortgage or bill of
sale shall have been satisfied, the party hold
ing the same shall forthwith notify the recor.
der or clerk of the fact, and said clerk shall,
without delay, note such cancellation and sat-
isfaction of such Chattel Mortgage or bills of
sale upon the margin of the record thereof with
out charge thereof. - -s..i-ni .is5-i.
SEC. 6. For service under this act, the clerk
shall be entitled to receive the following fees:
For filing each instrument or copy, six cents:
for searching each paper, six cents; for said en-
tries in said book, six cents for every patty to
such instrument. And the like fees, for certi-
fed copies, of such instrument or copies, as
are. allowed by law, to county Recorder for
like service. ll r-r lDa aIsil ,n5-
SEC. z. In all Townships In which the office
of the recorder of the county Is kept, such in
strument shall be deposited with him, and he
shall perform the duties imposed upon him,
and be entitled to the fees provided for Town
ship Clerksin this act, and his certificate shall
have the same force in evidence t;ss.5y h.
SEC. 2. That said original sections three,
six and seven SO amended be, and the same are
hereby repealed.
SEQ. 8. That an act entitled 4sAn Act sup
Elementary to the act to require mortgages or
bills Of sale of personal property to be deposit
ed with Township Clerks, passed and took ef-
feet, April Both, 1877, 20. L., v. IA, D. 49,
be and the same is hereby repealed. pIl4
: SEQ. 4. This act shall take effect and be IN
force from and after its passage. - =. :
.lot -, JAMES e. NEAL, q /,
Speaker Of the House of Representatives.
- .JABEZ W. FITCH, ja 2
Passed May II, 1878. President Of the Senate