The Princeton union. [volume] (Princeton, Minn.) 1876-1976, 1901-04-25
4: ANOTHER TAX SALE,
Mile Laos County viii Have Another
Forfeit Sale This
. Year.
TheNew Law Provides for an Abso-
lutte Title to Delinquent &.
Lands.

isiszAEiI1euAeeI Vie curative ACT passed Oy the
astslegislature Mile Laos county will
have another forfeit sale this year.
me sale affects this county for the
reason that. forfeit sale was held here
under the laws of 1897, which has since
beendeclared void. -
Inc law provides that all tracts or
parcels Of land delinquent for the taxes
Eo1lSe5 and prior years and which have
not been redeemed; sold or assigned
ana which are now the absolute prop
erty OF the State through judgments
obtained under the general laws of the
State shall be sold on June "a; pro-
vided however, this act shall not apply
to any land sold to the State pursuant
to Chapter 1922 general laws of 1899.
Any owner or interested party has the
right to redeem by paying into the
county treasury fifty per cent. of the
amount OF the original taxes. This
must be done before the close OF bust
ness on June %, and the officers are
uncovered to satisfy all tax liens and
Judgments upon the payment of the
stipulated sum.
~ The auditor is to make a list and ad-
vertlse the parcels for sale for two
weeks in the official Newspaper of the
county. These advertisements are to
bespublished during the two week end
ing June Is, 1901. 49, =
Ia Offering this property for sale the
county auditor shall state the amount
OF the original taxes charged against
each parcel and shall first offer it for
sale to the highest bidder, but if no
bidder shall offer to pay the stated
amount or more, he shall then offer it
to the bidder who will pay the most
for it, provided he shall not accept less
than one-half the amount of the orig
mai taxes. The county treasurer must
| also attendz~t the sale and receive all
money paid thereon. The proceeds of
sale and the redemptions shall be dis.
]triblaed pro,ratas to the several funds
flor which the taxes were levied. - =
| : When parcel is sold under this law
the auditor issues certificate which
passes the real estate to the purchaser
in fee simple, subject to the right of
redemption upon the payment of the
full amount of the original taxes, with
interest at the rate of one per cent. per
month from June "a, 1901, which re-
demption can be made at any time
within sixty days of the service of the
notice of expiration Of redemption.
This law, however, does not:affect
the lien Of cities for local improve
ments, nor the lien for taxes levied
subsequent to 1895.
+ The law further provides that the
purchaser shall be entitled to imme-
date possession after the full period
of redemption has expired. If on de-
mand the party in possession refuses
to deliver the land he may be pro-
ceeded against as party holding over
the termination of his estate, and fur
ther that the sale shall not be set
aside unless an action calling the valid
ity of the sale into question shall be
brought within nine months of the
date of said sale. IT,
It will be seen from this synopsis
that the law is a very stringent one
and it behooves property owners to
look well. to their delinquent real es-
tate. Auditor Whitney is now at work
on the list. e..