Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1895-11-02
VOTE FOR THE 7ORRENS SYSTEM.

Vigorous efforts are being made by
the advocates OF the TOrrens land title
system to bring out full vote on that
measure and insure Its adoption by the
people Of Cook County. The Chicago
Real Estate Board has issued the fol.
lowing circular. which fully explains
the operation Of the new system. ana
urges all property holders to vote for its
adoption:
One Of the most important questions
ever presented to the voters Of Cook
County IL to be voted upon ut the CON-
ing election. 1t IL whether we shall
adopt In this county the TOrrens land
title system. While 1t IL new In the
United States. II has been In success
full use in many other countries for
many years. as In Australia, England.
Prussia ana parts of Canada. The
Torrcns system proposed to be adopted
In Cook County IL very similar to the
system which has been In use IN Den
mark and Norway for some 200 years.
1t Is no new experiment; 1t Is II well
tried ana successful reform.
The merit of this system II that by II
every question that may affect the title
Is settled once and for all at the time of
each conveyance. 10 that person buy
Ing land registered under this system
Is sure to get just what he buys. and
nobody can get 1t away from him.
When title Is once registered there Is
no further occasion for n long. eXpen-
sivc abstract. which veXes every title
under the present system, nor for Its
examination by lawyers. There will
be no necessity Of running around to
clear up dover rights, correct plumbers
In old deeds to find whether the persons
from whom the title comes We're the
only heirs of somebody who may have
lived some fifty years ago. for all ques-
tons are cleared up ana settled once
for all when each transfer under the
rorrens system IL made.
Under this system the purchaser gets
what Is called II certificate of title from
the registrar, which certifies that he Il
owner Of the land described. ana no.
body can gainsay this certificate. When
he again sells he delivers up his certifi
cate to the registrar who thereupOr
issues new certificate to the new own
or. and 40 on. An exact copy Of this
certificate Is kept in the registry office
No mortgage or other lien can he put
upon this property unless except thai
ID IL noted upon the owners certificate
and upon the register, and no judg
| ttnx 4, N hnp an In
put upon the property unless 1t Is nOtet
on the register, 10 that ut any time by
going to the register the owner can Sc,
just how the title stands. All entries
affecting the title are made on the sam,
page In the registry book immediatel!
under the certificate OF title. The man
? ner of keeping the registry books by tn
registrar has been APPLY compared 4
keeping u ledger account with eacl
piece of property and the transfer o
u lot or piece of property to the transfe
. of bond or stock In II company.
The advantages of this system are
I. In rhe expense, which IL fixed. tn
first registration costs SO, and an OF
, binary transfer from owner to puI
, chaser costs only So, while under TIN
, present system the cost of an abstrac
and its examination may be more thai
the property II worth. 2. Quickness
. for land can be transferred ana tn
. compensation paid In a few minutes
, where it now takes weeks and some
, times months. 3. Security, for an absh
lutte title Is given TO the purchaser
the time Of the transfer. 4. Shorten
. ing Of the records. This feature In tn
Torrens law, In addition to Its Othe