The watchman and southron. [volume] (Sumter, S.C.) 1881-1930, 1913-09-17


decree of the court and subsequent
transfer certificates refer to the orig
inal
On each certificate of title is
space for columns with proper head
fng for memoranda of encumbrances
of the land:
Document No. Kind, Renewing in
favor of. Date of instrument. Date of
registration. Signature of registrar.
Discharge.
Certificates are numbered cOnsecu-
lively and the numbers are retained
as long as the boundaries remain un-
changed.
The original certificate Of title is
filed by the registrar Of titles in his
office and he issues to the owner Il
duplicate owners certifictae," which
Is an exact copy of the original. The
issuance of this certificate completes
the registration. Upon the receipt oil
this certificate the applicant contrib
utes to an indemnity or insurance
fund one-tenth of / per cent or 81
on each $1,000. This fee is payable
only upon first registration. The fund
thus created may be invested in State
or federal bonds or other securities by
the official who has ii in charge ard
In iS fr no IN TN
son who sustains loss or damage by
reason Of mistakes or defects in the
registration.
Safe After Fixed Period.
After the expiration of certain
period. usually two years. from the
date of the first registration. no per-
son, whatever may be his claim, may
question the validity of the title. In
other words. any person who may
have been interested but who was not
notified of the application of regis
tration may within this time have an
opportunity to establish the validity
of his claim. Failure to establish all
adverse claim within this time forever
bars it.
In dealings subsequent to registra-
tion 1t Is provi ed In the acts of this
country that any forms of deeds,
mortgages, leases, or other instru.
ments which are sufficient under ex-
listing laws for. the purpose intended
may be used in dealing with registered
land. The acts provide that leases for
a certain number of years, usually
three years or less, in Massachusetts
seven or less, shall not be the subject
OF registration.
If the owner desires to sell the
land, he draws u deed conveying it in
the usual form. The deed is filed by
the registrar in his office, the du~
plicate owners certificate is surrend-
cred and cancelled. and new cer-
tificate issued to the purchaser with
notes or memoranda on it showing
the exact state of the titlc
If the property is to be mortgaged,
mortgage is executed in the usual
form, Is filed in the registrar office
and memorandum of it is made up
on the original certificate and upon
the owners duplicate certificate in
the columns provided for that pur.
pose and another copy Of the certi-
fcate plainly marked "Mortgagee's
duplicate" may be issued to the mort
gagee. When the mortgage is paid,
the mortgages duplicate Is surrender
ed and cancelled and proper entries
showing this are made upon the mort
gage. upon the original, and upon the
owners duplicate certificate.
All matters affecting the iitle
must, under this system be filed in
the office Of the registrar and be
noted upon the original and duplicate
certificates. both of which will thus
show at any time the exact state Of
the title and all tho liens against it.
Become Permanent Records.
The Torrens acts provide that "all
instruments. notices, and papers re-
quired by this act to be filed in the
office of the registrar shall be re
tained and kept as perpetual de.
post. Deeds, mortgages, and 9TH
er papers affecting the title may be
executed in duplicate and q copy
marked duplicate" may be kept by
the person to whom each Is given.
Under rules In England and Ontario
instruments may be destroyed when
they have become superseded by en-.
tries in the registrar or have ceased
to have any effect. The details of
any paper, the abstract of which is
given on the certificate of title may be
learned from an examination of the
instrument on file i'm the registrars
Office.
q