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The Pamphlet Collection of Sir Robert Stout: Volume 16

Reconveyance of Mortgage

Reconveyance of Mortgage.

56. So soon as any Shareholder, who has received an advance, shall have repaid the whole instalments, fines, and other payments, incurred in respect thereof, or shall redeem his property, in accordance with Rule 53, the Trustees shall deliver up to such Shareholder, or to his legal representative, the title deeds and other documents which shall have been deposited with them by such Shareholder, and shall execute, at the expense of such Shareholder, a reconveyance and release of the mortgaged property.