The sun., 1896-02-09
LAND TITLES AND TRANSFERS.
Advantages of the Torrens Inv Now In
Force In Illinois.

To THE EDITOR OF THE SuS-Sir: I wish to
draw the attention of my fellow citizens to the
Torrcns system Of land titles nnd transfers
adopted by the Illinois Legislature in June
last, and approved by large popular majority
at the November election.
Under our present system we all know what
Il long, intricate. and expensive work it is to
buy and sell real estate or mort gage It. Weeks
clapsc before the transaction is carried through.
and after all is done tho purchaser or mort
gagee has only the word of his attorney as to
the validity of tho title, unless he chooses to go
to n greater expense yet and pay n round COM
mission for n company's guarantee. The Tor
rcns system consists essentially in registering
titles instead of the present antiquatcd method
of recording deeds 1t provides for an abso-
lutte title, complete and indefeasiblc. after
notice period of five years. The certificate
given to the owner is as handy as a certificate
OF railroad bonds, and transfer or mortgage
will take hours instead of weeks as at pres
cnt. and al practically nominal cost. Trusts,
estates minors. lunatics, &C.. are protected;
there is no going back of the title, no flaws
coming to light years and years after they
should or might have been discovered.
Let mo describe the modus op.randi.
To register a title call at the Registrars
with your deed and abstract, and pay the fee.
Expert examiners will search and report. and
If all is In order your title will be registered
and you will receive certificate to that effect.
In five years from the date of registry the
certificate will represent an absolute and in
tlefcnsib!e title. Should any mortgage or lien
exist. the fact will be entered on the Regis
trars bc ok and certificate. Sales and mort
cages will be completed In the Registrars Of
flee, old cert incatcs in each case being cancelled
and new ores issued.
The Registrar opens n mage Of his hook for
your property, and. if subdi> ided later on, new
numbers and new pages for each parcel will bo
given and separate certificates may be- issued
for undivided shares. SO that no more difficulty
viii be experienced in finding the status of any
property than there is in II savings bank in find
mT 'r and nWmh" nrc r" oi is
to be issued until the rights Of all infants, luna-
tics. ,&r., are thoroughly tested or preserved.
Provisional certificates may he issued whilo
matters are unsettled or when the title is mere
" posscSsory one. TO conform with the Con;
Siitution u short statute OF Limitation for land
tt'c' will have to be PASSED, so that If no nd:
worse rights ar" established or no caveats filed
indi ,rutnhlc. The Registrars are to give heavy
bonds. and are to appoint competent attorneys
rvc fThm tax sales is /" be allowed unless the the
applicant has been in possession ton years and
has pnid seven fngrcss!vr years taxes. Aftor
cannon give or void title. Mortgages cannot bc
registered, until the Zee simple is first regis
tered. %uhicr, TO certain exceptions. registered
land and nterst therein goes To the personal
representative of the deceased owner per-
ronnl estate, whether the owner was tcstate or
int"s'nte, cxcep, TINT the rule of division is the
sam" rs in tho descent Of real property.
crate. Hero ar, ' few i items | Si5 #" for Ts first
registry. and, II the title is derived from
nn 81 anh @ for for "fh
or endorsement Of liens. In addition. fee is
CHARGED on frs, registry and on every change
f"" Ea 19 XII s% es g" OF h" "%s ouS
the tinted 's,atca, the State or county
or municipalities Of the State. and to con.
uron only Tor iudgments rendered to make
GOOD defective gunrantcCd titles How much
W. ' may am"t I" IS %' r"r-% "knwn %"r ,s c
system is working. shows that there j. very
lt,'ic ri.k In rIts gnnraniGc ANA tie published
MES rrgN"s how small their loses have been
from this quarter.
lnIs very short and nccossnrily incomplete
summary of tn" Iorrrns lnw may yet hn srf-
tiri"nt to give our raiders som" idea Of his
and subsequently in lnplapd. Germany, and
r. son1r OF the Canadian provinces. lte greet
advantages o." apparent 10 nl!. nni2ciy an in;
for loa's. "h"np nnI gn,rk trnnsirrH or m mort
nS"s m nrnsG Of Ihr oT I' Or "I
minors. Nc No Doubt tie muuhrr of transfers
would .rca,y inT",c ,n, T. ,%rnry % Of !, noH"rs
rn' 'sng~ Judge lln"h IN his essay on tiI" Tor
r"s y," yGry pm" nG7Sr '4ns y, 'I mr;
every p'"NIO'" grHnllr.
nur Irad"rs sloui! carefully rcmd the Tor
r"u~ law. II npprHr" - n" iw b" well drawn,
and doubtless. Wit SOM" m"tiH""'ions, could
he uhrri"l in ihj, SlHi" hut the matter Of de
inlls uus' he i,'i =" real rh;ntc LAWYERS and
"Na"r, 'E@m -frrrr.s; III" rr!n'ip" believe to
IT, rpIlr,i why Wui orlsu"i fv AN association
lt.Niul, Tor 'is ul".' ~" RG"I on OF some such
y.lrlt ~ rnsistrriNE aud guaranteeing titles
mi mn2iu; the trrusl"r ol READ rstat" cheap
npG cHsY" WILLIAM iihfHAhi,
/. p.u4' i"'H2'roll"r Il thc Emisrant Industrial
Sa,iNI- lNEt,
NJ" loEi., t"H. 4.