Pennsylvania Act 1874-124 — LIEN CREDITORS, REDEMPTION MONEY PAID BY

Act text

LIEN CREDITORS, REDEMPTION MONEY PAID BY
                  Act of May 15, 1874, P.L. 192, No. 124              Cl. 53
                                  AN ACT

     To make the redemption money paid by a lien creditor a prior
        lien on the title of the debtor in the land that is redeemed.

        Section 1.  Redemption money paid by lien creditor to be a
     lien on debtor's title
        When any lands which within two years last past have been or
     hereafter shall be sold for taxes, are redeemed by any person
     who has a lien, or by such person's heirs, assigns or legal
     representatives, the redemption money thus paid, with lawful
     interest from time of redemption thereon, shall be and remain a
     lien upon such title of the debtor as would have passed to the
     purchaser under the sale if no redemption had been made, and
     shall have priority as a lien over other liens against the same
     title: Provided, however, That the lien creditor, his heirs,
     assigns or legal representatives, thus redeeming, shall have and
     is hereby authorized to have the said claim or receipt for
     redemption money entered by the proper officer as costs on the
     record where the lien is entered or recorded, and thereupon the
     said claim shall be treated as docket costs in the proper
     judgment or mortgage lien, and together with interest thereon,
     shall be preferred in the distribution of the proceeds of any
     subsequent sale of said property.  1874, May 15, P.L. 192, Sec.
     1.