The Baltimore County union. [volume] (Towsontown, Md.) 1865-1909, 1906-05-12
PUBLIC GENERAL LAWS.
rcHAPTER a37.1

1CHAPTER 1871
AN ACT to add an additional Secslo.f
to Article 16 of the Code OF 1889 u
P Pub GeneraI Laws Subtitle. 4f mar Tru
tees" to come in after Section 10
and to be known as 215A can
Section l. Be it enacted by the cen
eral Assembly of Maryland, Ihat az "
added to Article 16 of the Code OF OF
1883 of the Public Genera! Laws ~
Maryland. title, "Chancery," sub-udle.
Trustee" to come in after Section zto
and to be known as Sectlon zi'1A'
and to read as follows:
Section 215A- Whenever grouno
rent reserved by lease or sub-lease
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, ana at tne
time of such desired redemption the
title of said rent is vested IN trustee
under a WILL deed or other instrument
for any trust, use or purpose but with
out a power of sale in such trustee,
or is vested in life tenant with re-
mainder over, vested or contingent, OF
is vested in the holder of a defeasiole
estate. but without a power OF SAFE III
such life tenant or such holder OF
defeaSible estate any Court having
Chancery Jurisdiction in the city or
county where the land is situated, out
VI WHlCu SdlQ IellL 10 pay 0OtO'
upon the ex-parte petition Of such
trustee or life tenant or holder OF 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
defeasible estate, after notice by
publication of such trustee or life ten
ant or holder of a defeasible estate be
a 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
therein upon the payment Of the sum
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 a 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, adj
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-
SOHS SO eHllIleQ may nave vested OF
contingent interests therein, or wheth-
er such persons or any of them are, or
are not, in being at the date of such
redemption. Any petition filed under
this section by or against a trustee or
life tenant or holder of a defeasible
estate, will be sufficient in law and
equity If the trustee or life tenant or
holder Of the defeasible estate be a
party thereto, and it shall not be neces-
sary for any cestui que trustent, remain
6arman other hQnafi0ia1lV in
terested in the subject matter of the
petition to be a party to such petition.
they being represented by the trustee
or life tenant or holder of the defeasi-
Bile estate for the purpose of the pro-
ceedings. Every petition shall set forth
the location and description of the
land, the date and place of record of
the lease or suitcase 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
of the leasehold or sub-leasehold and
such other facts as may be necessary
to properly present the matter to the
Court, and such petition shall be sworn
to by the party filing 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
the same as may be proper to the end
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
E14f@ Ill 20 - 10 rrtxv AND
or double the amount Ut Tfi6r red mption
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 bond which protects the re-
demption money, or unless such trus-
tee has been excused from giving bond
by the instrument creating the trust.
Where a life tenant or the holder of
defeasible estate is the owner of the
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
cute the deed and to receive the re-
demption money. The Court costs of
the proceeding including the expense
of obtaining a corporate bond (the
amount of such expense being sub
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 2. And be 1t enacted, That
this Act shall take effect from the date
of its passage.
Approved April 8, 1906.
EDWIN WAKEFIELD,
Governor.
JOSEPH 3. SETH,
President of Senate.
CARVILLE d. BENSON,
Speaker of House of Delegates.