An Act to amend and reenact § 46.1-299, as amended, of the Code of Virginia, relating to devices signalling intention to turn or stop and rules therefor.
Volume 1968 Law 99
Volume | 1895/1896 |
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Law Number | 536 |
Subjects |
Law Body
Chap. 536.—An ACT to amend and re-enact an act entitled an act to amend
and re-enact section 2498 of the code of Virginia, in relation to entering on
record payment or satisfaction of certain incumbrances and liens, approved
February 27, 1894.
Approved February 29, 1896.
1. Be it enacted by the general assembly of Virginia, That an act
entitled an act to amend and re-enact section twenty-four hundred
and ninety-eight of the code of Virginia, in relation to entering on
record payment or satisfaction of certain incumbrances and liens,
approved February twenty-seventh, eighteen hundred and ninety-
four, be amended and re-enacted so as to read as follows:
§ 2498. When payment or satisfaction is made of a debt secured
by mortgage, deed of trust, vendor’s or mechanic’s lien, it shall be
the duty of such lien creditor, unless he shall have heretofore de-
livered a proper release deed, to cause such payment or satisfaction,
within ninety days after it is made, to be entered on the margin of
the page in the book where such incumbrance is recorded, and for
any failure to do so he shall forfeit twenty dollars. Such entry of pay-
ment or satisfaction shall be signed by the creditor, his duly author-
ized agent or attorney, and when so signed and the signature thereto
attested by the clerk in whose office such incumbrance is recorded,
the same shall operate as a release of the incumbrance as to which
such payment or satisfaction is entered. Any person who owns or
has an interest in real estate on which such incumbrance exists
may, after twenty days’ notice thereof to the person entitled to
such incumbrance, apply to the county or corporation court of
the county or corporation in whose clerk’s office such incumbrance
is recorded, or to the chancery court of the city of Richmond, if it
be recorded in the clerk’s office of said court, to have the same re-
leased or discharged, and upon proof that it has been paid or dis-
charged, such court shall order the same to be entered by the clerk
on the margin of the page in the book wherein the incumbrance is
recorded, which entry when so made shall operate as a release of
such incumbrance, and the clerk’s fee for so releasing on the margin of
the page in the book wherein the incumbrance is recorded shall be twenty-
five cents.
2. All acts and parts of acts, as far as they are in conflict with
this act, are hereby repealed.
3. This act shall be in force from its passage.