The Cordova daily times., 1915-12-08
ORDINANCE 43.
An Ordinance Amending Section 35
 of Ordinance Number 30.


 Be it ordained by the Common Coun- ell In the Town of COrdova, Ter ritory of Alaska:
 l Section l. The owner or any per son having any interest. whether le- gal or equitable, in any tract sold un- der Ordinance No. 30, Town of Cor dova. District of Alaska, may redeem ] the same from any purchaser or the 1 holder of the certificate of sale by paying the amount of taxes. penalty, and interest, and costs, due at the 1 date of sale, together with interest thereon at the rate of twelve per cent G2H) per annum from such date, and all accruing taxes there after paid by such purchaser, together with any excess sum paid by the said purchaser to the clerk of the town at the time of purchase, such payment to be made to the purchaser or to the Town Clerk, and when so made the tract shall be considered redeemed, provided, that If any pay ment be made to the purchaser the certificate of sale shall be by him surrendered to the redemptioner, who shall present the same to the Town Clerk and cause the fact of redemp- tion to be noted on the delinquent tax roll and record of certificate of sale hereinabove provided. If payment
 be made to the clerk of the town, the clerk will issue to the redemptioner a certificate of redemption, under his hand and the seal of the corpor- ation, showing the date of the re demption. the amount paid on re- demption. which certificate shall be
 prima facie evidence of redemption,
 and the sum so paid oh redemption
 shall by the Clerk be immediately
 paid to the holder of the certificate
 of sale, and the certificate surren-
 dered for cancellation. 4 record of
 such redemption shall be kept by the
 Town Clerk for public inspection.
 After the expiration of two years
 from the date of sale the holder of
 the certificate of sale shall be en-
 titled to a deed to the tract described
 therein and sold on such sale and
 not redeemed Such deed shall be is-
 sued by the Town Clerk, upon re-
 demption of the certificate of sale, on
 demand, by the holder and owner
 of the certificate, and shall refer to
 this ordinance, by number and title,
 the year Of the levy, when the tax
 became delinquent, the amount of
 the taxes, penalty, interest and costs
 for which the property was sold, the amount paid by the purchaser, the name of the purchaser or his as- | signee, the date of sale, the date of the order of sale and the court is- suing the same, and shall be signed by the Mayor and attested by the i Clerk under the seal of the Corpora 1 tion, and be acknowledged, and shall convey the tract therein described to the grantee therein named, free and clear from any encumbrance or lien
 laid on such property prior or sub 1 sequent to the sale thereof by the de- 1 linQuent owner or any person in priv ' ity with him, provided however, that no deed shall be issued by the Clerk ! if there be any taxes due on said
 property levied subsequent to the | sale. until the same be paid. Any tracts purchased or assigned to the | Municipal Corporation at the sale hereinbefore mentioned and not re- deemed, for which certificates of pur- chase may not have been issued after such sale, shall after the expiration
 of two years from such sale, be
 deemed the property of the Munich
 pal Corporation, and a deed therefor
 may be issued by the Mayor or Clerk l thereof, to such Corporation, which
 deed shall be of the same force and
 effect as the deed to certificate l holder.
 Section II. That all ordinances and provisions thereof in conflict herewith are hereby repealed, and
 particularly Section 35, of Ordin- ance 30.
 Section III. This ordinance shall
 be published by being printed in the
 Cordova Daily Times, and shall be
 enforced from and after the date of it's passage and approval.
 (Town SeaD
 H. A. SLATER, Mayor.
 EDWARD F. MEDLEY, Clerk.