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Sec[Section] 1 Be it enacted by the people of the State of Illinois represented in the General Assembly; That when any execution shall be issued our of any of the Courts of this State, whether of record or not, and shall be levied on any ^real or^ personal property, ^or both^ it shall be the duty of the officer levying such execution, to summon three house- holders of the proper county; ^(^one of whom shall be chosen by such officer, One by the plaintiff, and one by the defendant in the execution; or in default of the parties making such choice, the officers shall choose for them; which house- holders after being duly sworn by such officer so to do, shall fairly and impar- tially value the property upon which such execution is levied, having reference to its Cash value; And they shall endorse the valuation thereof, upon the execution, or upon a piece of paper thereunto attached signed by them. And when such property shall be offered for sale, it shall not be struck off unless two thirds of the amount of such valuation shall be bid therefor. Sec 2. When any property shall be levied on, and appraised in the manner re- quired by this act, and the same shall |
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be susceptible of a division, no greater quantity there of than will be sufficient to pay the amount of the execution, or executions thereon levied, together with the proper costs at two thirds of the valuation thereof shall be offered for sale by the officer in whose hands such execution, or executions, may have been placed for Collection Sec 3 This act shall be in force from and after its passage, and the Secretary of State is hereby required to have a thousand copies hereof printed im- mediately after its approval, and transmit them to the Clerks of the county com- missioners courts of the several counties in this state for distribution among the proper officers thereof. |
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[ docketing
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No 108
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Senate
A Bill for an act Regulating the sale of property
A Bill for an act Regulating the sale of property
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[01]/[14]/[1841]
[01]/[14]/[1841]
ord. 2
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[02]/[16]/[1841]
[02]/[16]/[1841]
McClernand
McLean
Scott Hankins
Peck
Dodge
Thornton
Ormsbee
Ross
Lincoln
McLean
Scott Hankins
Peck
Dodge
Thornton
Ormsbee
Ross
Lincoln
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[02]/[03]/[1841]
[02]/[03]/[1841]
Engrossed
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[02]/[03]/[1841]
[02]/[03]/[1841]
ord[ordered] 3.
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[02]/[04]/[1841]
[02]/[04]/[1841]
3
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10
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26
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22
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[02]/[04]/[1841]
[02]/[04]/[1841]
passed
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35
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Amend 6th line by inserting after the word “any” the words “real or” and after the
word “property” the words “or both.”
Amend further by adding at the end of the 1st Sec. the following: “Provided
always that the plantiff in any execution, issued from any court of record of this state, may elect on what property he will have the same levied, except the land on which
the defendant resides, and his personal property which shall be last taken in execution;
and in all other executions issued from any of the courts of this state (not being courts of record) the plantiff in execution may elect on what personal property he will have the same levied, excepting
and reserving however to the defendant in execution in all cases, such an amount and
quality of property as is now exempt from execution by the laws of this State, and Provided
further that all sales of Mortgage property, shall be made according to the provissions of this act, whether the foreclosure of said Mortgage be by Judgment at law or decree
in chancery.”
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That the provisions of this act shall extend to all judgements rendered prior to the
first day of may eighteen hundred and forty one, and on
^to^ all judgements that may be rendered on any contract or cause of action accruing prior
to the first day of may 18 Eighteen hundred and forty one, and not after to any other judgements than as spe before specified
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Handwritten Document, 8 page(s), Folder 311, SB 111, GA Session 12-2,
Illinois State Archives (Springfield, IL),