School Laws of the State of Missouri Revised Statutes 1899 And Session Acts 1
School Laws of the State of Missouri Revised Statutes 1899 And Session Acts 1
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) Endorsement by county clerk of payments of interest upon bond given for loan of school moneys is competent evidence of such payments. 35 Mo. 395. County clerk has no authority to collect money due upon bond given for loan of school moneys, nor to enter satisfaction of mortgage. 105 Mo. 182.
SEC. 9837. Authority to repossess property by purchase. When- ever any property heretofore or hereafter conveyed in trust or mortgaged to secure the payment of a loan of school funds, shall be ordered to b...e sold under the provisions of this chapter, or by virtue of any power in such conveyance in trust or mortgage contained, the county court having the care and management of the school fund or funds out of which such loan was made may, in its discretion, for the protection of the interest of the schools, become, through its agent thereto duly authorized, a bidder on behalf of its county, at the sale of such property as aforesaid, and may purchase, take, hold and manage for said county, to the use of the town- ship out of the school fund of which such loan was made, or in its own name where such loan has been made out of the general school funds, the property it may acquire at such sale aforesaid.
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To quickly assess the difficulty of the text, read a short excerpt:
) Endorsement by county clerk of payments of interest upon bond given for loan of school moneys is competent evidence of such payments. 35 Mo. 395. County clerk has no authority to collect money due upon bond given for loan of school moneys, nor to enter satisfaction of mortgage. 105 Mo. 182.
SEC. 9837. Authority to repossess property by purchase. When- ever any property heretofore or hereafter conveyed in trust or mortgaged to secure the payment of a loan of school funds, shall be ordered to b...e sold under the provisions of this chapter, or by virtue of any power in such conveyance in trust or mortgage contained, the county court having the care and management of the school fund or funds out of which such loan was made may, in its discretion, for the protection of the interest of the schools, become, through its agent thereto duly authorized, a bidder on behalf of its county, at the sale of such property as aforesaid, and may purchase, take, hold and manage for said county, to the use of the town- ship out of the school fund of which such loan was made, or in its own name where such loan has been made out of the general school funds, the property it may acquire at such sale aforesaid.
What to read after School Laws of the State of Missouri Revised Statutes 1899 And Session Acts 1?
You can find similar books in the "Read Also" column, or choose other free books by Dante Alighieri to read onlineMoreLess
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