810

Execution
and regis-
tration,

Bill of sale
under $48.

Chattels not
to be
removed or
sold.

Rates and
taxes.

Ch. 31. No. 8.] Bills of Sale.

 

inadvertence or to some other sufficient cause and is not of a
nature to prejudice the rights of third parties.

12. Every bill of sale shall be executed, attested, and
registered under this Ordinance in the following manner :—

(a) such bill of sale shall be executed by the grantor
in the presence of such persons and attested and
subscribed in such manner as by the law for the time
being in force is necessary to render it capable of
registration as a deed;

(0) every schedule or inventory annexed to a bill of
sale or referred to therein shall be registered with such
bill of sale, otherwise the registration shall be void;

(c) if the bill of sale is made or given subject to any
defeasance or condition or declaration of trust not
contained in the body thereof, such defeasance, con-
dition, or declaration shall be deemed to be part of the
bill, and shall be written on the same paper or parch-
ment therewith before the registration, otherwise the
registration shall be void.

In case two or more bills of sale are given, comprising in
whole or in part any of the same chattels, they shall have
priority in the order of the date of their registration
respectively as regards such chattels.

13. Every mortgage bill of sale made or given in con-
sideration of any sum under forty-eight dollars shall be
void.

14. All personal chattels seized or of which possession is
taken under or by virtue of any mortgage bill of sale shall
remain on the premises where they were so seized or so taken
possession of, and shall not be removed or sold until after
the expiration of five clear days from the day they were so
seized or so taken possession of,

15. A mortgage bill of sale to which this Ordinance applies
shall be no protection in respect of personal chattels
included in such bill of sale which but for such bill of sale
would have been liable to distress for the recovery of rates
or 1aXxe..