The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-10-15
APPLYING THE TORRENs SYSTEM.

APPLEING THE TORRENS SYSTEM.
The Gil o b learns with much pleas
Ure of the determination of the judges
of the district court to appoint an ex-
aminer of titles at an early date under
the act establishing the Torrens system
of land titles 1t is the first step in the
inauguration of a public policy in this
community which will inevitably prove to
possess the highest value, and which
after trial, as is provided for by the law,
is certain to be extended at an early date
throughout the state.
1t is worthy of note that in anticipation
of the appointment of the title examiner.
the register of deeds of this county has
already received from one of the largest
loaning and land transfer concerns in the
city an application to have the system
put in operation. AS the public be-
comes acquainted with the merits of the
system its general adoption will be but
matter of brief time Its advantages
are so manifold that no Individual land
owner, and no person loaning money on
realty security will be content with the
present system.
The Torrens system of land titles repre-,
sents great innovation on present meth
DDS. Its advantages cannot be too fire.
quently made known An UNDERSTANDING
of its operation will convince any inteIi-
gent person that it represents the only
absolutely secure means of getting an
absolutely perfect title. A Torrens title
is in practical operation a title secured
by the state
When a given title has been passed ON
fayorably by the title examiner. and has
secured the approval of the court it be-
comes the title, not of the grantor of the
property alone, but of the state. If the
title is afterwards found defective, so
that the rights of any other person be-
sides the grantor and the grantee are af.
fected by it, the state stands good for
any damage which ensues to the party
injuriously affected. In order to secure
the state against any loss resulting from
the mistakes in perfecting title, the Min,
nesota law is framed on the same lines
as that now in operation in the province
Of Manitoba. An insurance fund il
created, into which a given sum is con-
tributed from the expense of each trans
fer made, and which, as the plan
comes into general adoption, will
be sufficient to meet claims for damages
against the state on account of titles
which may be wrongfully declared to be
in other than the true owners of the
property.
AS a matter of fact there has not been
q single demand made upon that fund in
Manitoba since they put the system into
operation there, and, indeed, while it's
acceptance is purely optional, no other
form of title is now found acceptable
there, showing how satisfactorily and
justly it operates. No doubt this will
be the experience with u.s. The Judges
of the district court are certain to unite
upon capable and experienced realty
lawyer as the title examiner. The pre-
cautions provided by the law to prevent
mistakes are ample. Experience shows
the system to be at once cheap, safe
and simple, and to be promotive of the
inexpensive and ready transfer of real
property.
With a fair trial such as the plan is
sure to secure in this and the other coun-
ties to which it is made to apply, the
G 10 b e is satisfied that the advantages
of the system will have become SO mani
fest before the next legislature meets
that it win be extended throughout the
state.