Pennsylvania Act 1907-124 — BANKRUPTCY, CERTIFICATES REQUIRED

Act text

BANKRUPTCY, CERTIFICATES REQUIRED
                  Act of May 2, 1907, P.L. 159, No. 124               Cl. 16
                                  AN ACT

     Providing for the recording of certificates concerning matters
        of bankruptcy, in the offices of the recorders of deeds of
        the different counties of this Commonwealth.

        Section 1.  Be it enacted, &c., That the recorders of deeds
     of the different counties of this Commonwealth shall receive for
     record and shall record any certificate or certificates of
     bankruptcy, or in reference to bankruptcy, which any act of
     Congress of the United States may hereafter provide for, as
     being necessary to be filed in the county wherein lands of the
     bankrupt are situate, in order to be notice to the world of such
     bankruptcy, and to vest the title to such lands in the receiver
     or trustee in bankruptcy, and to divest the title of the
     bankrupt in such real estate.
        Section 2.  The recorders of deeds in and for the different
     counties of this Commonwealth shall cause such certificate or
     certificates to be transcribed into the books in his office
     wherein deeds are transcribed, and shall cause the same to be
     indexed in the indexes for deeds in and for his office; indexing
     the name of the bankrupt as a grantor's name is indexed, and the
     name of the trustee or receiver, where such official has been
     appointed, as the name of the grantee is indexed; but where no
     receiver or trustee has been appointed, the said certificate
     shall be indexed only in the "direct index," in the name of the
     bankrupt, and stating the fact of the bankruptcy in the space
     where the name of the grantee should be placed.
        Section 3.  As compensation for recording such certificate or
     certificates the recorders of deeds shall charge and receive the
     same fees as they now charge for recording deeds.