BAILII [Home] [Databases] [World Law] [Search] [Feedback]

Northern Irish Legislation

You are here:  BAILII >> Databases >> Northern Irish Legislation >> COMMISSIONERS CLAUSES ACT 1847

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

COMMISSIONERS CLAUSES ACT 1847 - SECT 85 

Commissioners shall determine by lot which mortgages shall be paid off, and give notice accordingly.

85. Whenever the commissioners shall be enabled to pay off one or more of the
mortgages or assignations in security which shall be then payable, and shall
not be able to pay off the whole of the same class, they shall decide the
order in which they shall be paid off by lot among the class to which such one
or more of the mortgages or assignations in security belong, and shall cause a
notice, signed by their clerk, to be given to the persons entitled to the
money to be paid off, pursuant to such lot, and such notice shall express the
principal sum proposed to be paid off, and that the same will be paid,
together with the interest due thereon, at a place to be specified, at the
expiration of six months from the date of giving such notice.

[Index] [Table] [Search] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

© 1847 Crown Copyright

BAILII: Copyright Policy | Disclaimers | Privacy Policy | Feedback
URL: http://www.bailii.org/nie/legis/num_act/cca1847252/s85.html