The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1906-05-18
PUBLIC GENERAL LAWS.
rCHAPTER 337.l

| lCHAPTER 1871
AN ACT to add an additional Section
>Publie General e laws Lac s0o of Maryland lSia
title "Chancery," subtitle "Trus-
tees" to come in after Section 215,
| and to be known as PISA.
| Section 1. Be it enacted by the Gen
eral Assembly of Maryland. That an
| additional section be and hereby is
added to Article 16 of the Code of
| 1888 of the Public General Laws of
Maryland, title. "Chancery," subtitle.
| ''Trustee," to come in after Section 215
and to be known as Section 215A,
and to read as follows:
| Section Pisa Whenever a ground
rent reserved by lease or suitcase
heretofore or hereafter created, is now
redeemable or hereafter becomes re-
deemable, and the owner of the lease
| hold estate, subject to said rent may
desire to redeem the same and at the
time of such desired redemption the
i title of said rent is vested in a trustee
under a VIII, deed or other instrument
| for any trust, use or purpose, but with
| out power of sale in such trustee,
| or is vested in a life tenant with re-
mainder over vested or contingent or
| is vested in the holder of a defeasible
estate: but without a power of sale in
such life tenant or such holder of a
| defeasible estate, any Court having
Chancery Jurisdiction, in the city or
| county where the land is situated, out
| OF which said rent is payable, may
| upon the eN-parte petition of such
trustee or life tenant or holder Of a de-
feasible estate, or upon the petition of
the owner of the leasehold or suitcase
hold who is entitled to redeem and after
notice by service of process upon such
trustee or life tenant. or holder Of a
defeasible estate, or after notice by
publication of such trustee or life ten
ant or holder of defeasible estate be
| nonresident, order the conveyance of
the reversion or sub-reversion and rent
or sub-rent, in such land by such trus-
tee or life tenant, or holder of de-
feasible estate to the owner of the
| leasehold or sub-leasehold interests
of money for which the said rent or
sub-rent may be redeemable, together
with a due proportion of the accruing
rent to the date of such payment. Any
deed delivered by such trustee or life
tenant or holder of defeasible estate
in pursuance of such order Of Court
and duly recorded shall vest in the
owner of the leasehold or suitcase
hold estate, his heirs, executors, ad-
ministrators and assigns, all right, IT,
tie, interests and estate of such trus
tee or life tenant or holder Of the de-
feasible. estate. and of all other per-
sons who are or may be entitled to
any right, title, interest or estate in
and to such reversion or sub-reversion,
rent or sub-rent either at law or in
equity, and whether such other per-
sons so entitled may have vested or
contingent interests therein, or wheth-
er such persons or any of them are, or
are not, IN. DelnS at the GATE OF SuCn
redemption. Any petition filed under
this section by or against a trustee or
life tenant or holder Of defeasible
estate, will be sufficient in law and
equity If the trustee or life tenant or
party thereto and 1t shall not be neces-
sary for any cestuf que trustent, remain
dermen or other persons benefcially in
terested in the subject matter Of the
petition to be party to such petition.
they being represented by the trustee
or life tenant or holder of the defeasi-
bic estate for the purpose of the pro-
the location and description of the
land, the date and place of record of
the lease or sub-lease by which such
reversion and rent were created, the
amount of the annual rent, the amount
for which the same is redeemable, and
also that such notice as may be re-
CURED by law or by the lease or sub
lease has been given by the owner
such otEer facts as may be necessary
to properly present the matter to tho
Court and such petition shall be sworn
to by the party fling the same The
money received from the owner Of the
leasehold or sub-leasehold for the re-
demption of such rent or sub-rent shall
be forthwith accounted for to the Court
by the trustee or life tenant or holder
of the defeasible estate receiving the
same, and the Court shall make such
orders in reference to the investment of
that the said money shall be held in
place and stead of the redeemed re-
version and rent so as to enure in like
manner to the benefit of the persons
entitled to said reversion and rent. Be-
fore receiving the redemption money,
the trustee or life tenant or holder of
the defeasible estate shall give bond
to the State of Maryland, in the penalty
of double the amount Of the redemption
money, with a surety or SuretieS to be
approved by the Court or the clerk there
of, unless such trustee or life tenant or
holder of the defeasible estate has previ-
ously given a bond which protects the re-
demption money, or unless such truS-
tee has been excused from giving bond
by the instrument creating the trust.
defeasible estate is the owner of the
reversion and rent, the Court may in
stead of directing the life tenant or
holder of the defeasible estate TO exc
cute such deed and receive the redemp-
ton money, appoint a trustee to exc
demption money. The Court costs of
the proceeding including the expense
of obtaining a corporate bond (the
amount of such expense being SUBJ
ject to the direction of the Court shall
be paid out of the money received for
the redemption of the rent. No pur-
chaser shall be required to see to the
application of the purchase money.
Section Q. And be 1t enacted, That
this Act shall take effect from the date
of its passage.
Approved April 8, 1906
EDWIN WAKEFIELD.
Governor.
JOSEPH B. SETH.
President of Senate.
CARVILLE D. BENSON,
Speaker of House of Delegates.