The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1896-04-09

R3t!a!!! RB skaegl!
ABSOLUTELY PURE

- 4 z & 4
how Clough is going to be beaten by
any other than a Hennepin county
man. .
It is whispered that after Sammy has
been sent home down the river, then
let Willie Lee look out Our William
Henry does not propose to have any
outsiders interfering with his guberna-
torial pie. Nobody outside Of this here.
bailiWick has any title to it.
YOUR UNCLE JASON.
THEToRRENs LAND SYSTEM.
A Simple Method of Transferring Title-A
Relief That is Urgently Demanded.
The adoption in Cook county, Ill,
which practically means Chicago, of
Torrens land system means the first
step toward the introduction in this
country Of the land transfer system
which has met with such unqualified
approval in other countries where it
has been tested. A very clear idea of
the method and advantage Of the sys-
tenn may be obtained from the follow
ing statement of it by the Winona Re-
publican:
With the Torrens system the trans
fer OF land is as simple as that of bank
stock and the title as free from diff
Guilty. A land registry is established
under the control of an officer by whom
all land transactions, are registered.
Any person may register his property
for $500. To get a title certificate he
must present all the evidence, of his
ownership he holds which has not been
entered on record, but he is not re-
CURED to present any abstract. A
board Of examiners examine these
proofs, and a written opinion of ma
jority Of the board determines the ac-
tion of the register Within five years
all have the opportunity to contest
such certificate or registrat lion, but af-
ter five years the certificate is immune
from contest. All liens on property
are endorsed upon the certificate and
in the regi strar's book und Ter til nuns;
Der of the certificates. TO make such q
memorial of a lien, a fee of So. 90 is
charged; to cancel such notation a
fee Of 81. 90 is charged. Titles may be
transferred for So. 90. Fax titles=will
not be registered until the holder has
no I,ndi.nntod ,,oc;+;o, ~ ~ -,
property for ten years, and has paid
taxes thereon for seven years. Tax
buyers must present their proof Of tax
purchase to the registrar immedi-
ately, and give notice to all concerned
before the memorial of the tax sale is
noted on the register, and if this Motif
cation is not made within three
months the tax buyer loses all his
rights in the premises. After title is
once registered the owner cannot be
deprived of any Of his rights by reason
of another PERSONS possession and oc-
cupancy of the land, for any period
whatsoever. These certificates are
valid proof of ownership according to
their>face representations in all courts.
In New South Wales, in Canada and
other countries where the system has
been adopted, real estate is as easily
disposed Of as personal property-and
put on a parity with it. All the an
cient technicalities and absurdities of
the common law are cut away root and
branch, and the effete nonsense Of the.
feudal system completely abolished.
The fact cannot be too strongly en-.
phasized that in the countries where
the system is in force the people would
under no circumstances return to the
old system, SO firmly rooted has the
Torrens plan become in the business
life Of those countries. And yet it
runs no further back than the year
1862.
There is no earthly reason why the
system cannot be applied, not only in
the State of Illinois but in every other
State in the union. Real property in
respect to holding and ownership can
be put on an equality with personal
property. It is just as easy to identity
ownership Of a lot as it is of a horse or
q piano. Nine-tenths the parcels OF
land in this State have as clearly
known numbers as any other species Of
property. Why then should every pur-
chaser Of a piece of ground have. to as
certain who once owned it, and run his.
title back through a dozen Or fifty
ownerships, before he feels safe to buy?
Why should there not be some ready,
simple and Inexpensive means Of as
pertaining the present owner and being
satisfied with that?
The Torrens system provides a mode.
by which this may be horitatively
.ascertained at a trifling expense, thus
doing away with all the cumbersome
and costly searching of titles and ex-.