Chap. 312.—An ACT to amend and re-enact section 6457 of the Code of Virginia,

in relation, to assignees of debts secured by mortgages, deeds of trust, vendor’s

or mechanic’s liens. [H B 288]
Approved March Z5, 1932

1. Beit enacted by the general assembly of Virginia, That section
sixty-four hundred and fifty-seven of the Code of Virginia be amended
and re-enacted so as to read as follows:

Section 6457. Whenever any debt secured on real estate or personal
property by mortgage, deed of trust, vendor’s or mechanic’s lien has
been assigned, transferred, or endorsed to another, in whole or in
part by the original payee thereof, such payee, assignee, transferee or
endorsee, may cause a memorandum or statement of the assignment
to such assignee, transferee, or endorsee to be entered on the margin
of the page in the book where such encumbrance securing the same
is recorded, which memorandum or statement shall be signed by the
assignor, transferrer, or endorser, his duly authorized agent or at-
torney, and when so signed and the signature thereto attested by the
clerk in whose office such encumbrance is recorded the same shall
operate as a notice of such assignment and transfer. And where such
transfer by the payee is so entered on the margin of the deed book
subsequent transfers may likewise be entered in the same manner and
with like effect.