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Show MUST FILE COPY DF If I BONDSJBJGQUNTY I This Is Embodied in a Bill t ' I Which Has Been Introduced i H in Senate. H SENATOR BADGER IS I FATHER OF MEASURE , . Instrument, Under the Provis- ;; H ions oi' Proposed Law, Be- l; H comes Lien on Obligee. f Under the sections of a senate bill introduced Monday by Senator Badger, persons other than thoso authorized b3r Jaw, as surety' companies, who shall be- 'J ' come bondsmen, or sureties in any case, ;V must file with tho proper county offi- U- ' cor, a duplicate copy of tho bond, ot 1 other instrument, in tho county in ' '' which tho property behind tho surety is m situated, whereupon the bond, or ot her a. ' IH undertaking, becomes a lien upon the A obligee. The sections of tho bill fol- . Section 1. When any person or per- . sons, other than a surety company au-thorlzcd au-thorlzcd under the laws of this state so 'j" to do, shall become surety upon the bond I of any executor, administrator, guardian, conservator, sura tor, receiver, assignees, ; i trustees or other fiduciary, by whom a -i; . bond is by law required to bo given, or , upon a bond required by law lo bo given I ) by any public olflclal or employee, wheth-or wheth-or elected or appointed, such bond shall ' be made and executed In duplicate, aiid y jH Immediately upon the approval thereof. one of said duplicate originals shall bo ;' lllcd for record by the person, board or IH body whose duty It is to approve the same, in the office of the county cleric ' IH or recorder of tho county wherein tho , surety or sureties reside; and if the sureties reside' In different counties, then. Immediately upon the approval of such , bond, one of said duplicate originals, or , IH a lino copy thereof, certified to be such .by the person whose duty It Is to ap- . IH prove the said bond, shall he by ilm f . IH Hied In tho office of the clerk or recorder .'' 1 of each county in which one or mor.e of j IH said sureties reside. ! j"; Sec. 2. When any person or persons. ! l; other than a surety company authorized ! IH under the laws of this stale so to do, 1 M IH shall become surety upon any bond, 1111- 1 !j; dertaklng, recognizance or other obli- ! I !' gatlon not hereinabove referred to, tint ! 1 i jl penalty of which shall be In the sum of j 1 l'i one thousand (51000) dollars or more, 1 ilr' IH such bond or undertaking, recognizance j ll or other obligation, or a true copy there- ; 'j; of, may be itlod for record, as aforesaid, U by the obligee or obligees therein named, fa or by the person, board or body by whon) if.1 the t-amc Is approved. f (' Sec. .1. From and after tho filing of ' A- any such bond, undertaking, recognl- f , 1 ' zancc or other obligation, or a. copy there- ' ) ., of, as aforesaid, for record, and not be-fore, be-fore, the same ahall be a lien, in favui of tho obligee or obligees therein nam.-1 ' upon all tlio real estate In such county not exempt from execution, of each am, v , every person who has executed such in- . strument as a surety, lo the amount of IH the penal obligation thereof, to sccur! ' ; 1 ll tho payment of any Judgment which may ; ll bo recovered by such obligee or obligees 1 ll upon any such bond, uudertakluc. recog- nlzence or other obligation, ' which Her. shall contlnilo until released as herein- after provided. 1 ,' Sec. 4. It shall be tho duty of oacl. and every county clerk or recorder in 1 1 lfl whose office any .such bond, undertaking, ; , recognizance or other obligation, or cop.v 1 - - thereof- Is tiled, as aforesaid, to record p . the same In a suitable book lo ho pro- ) j: IH vlded and kept In his office, under the !' IH name of each .and every person whoso ; . name appears upon such Instrument as ;h ' IH having executed the same as a surety. j' IH Sec. 5. Upon full performance of tho f ( condition of any such bond, undertaking, fM recognizance or other obligation, or tho , ' yM release. Jn any other way. from further ; B liability thereunder, of the surety or IH sureties (hereon, the Hen thereof may be ' VM discharged by tiling for record, as afore- IH said, a release thorcof. duly executed and VM acknowledged, as required In the caso of Instruments relating to the conveyance , t j of land, by the obligee or obligees then.-- ; , . in named, or by so tiling for record a ' cortHlontc of release, executed and so ! acknowledged by the person or officer r ff.-.a; whose duly Is was to approve such bond, ;' undertaking, recognizance or other obll- j I ', gatlon. or ) his successors In office. It I ; IH shall be the duly of each and every I N v IH county clerk or recorder to promptly n 1 1 cord each and every such instrument of I 1 . discharge so Hied, in a suitable book to j be provided and kept in his office, and lo 1 enter the same in the Index of graV.tees fl 1 IH kept In his office, under.the name of each , ami every person whoso name appears J . upon such Instrumenl.-too lien of which : V is so discharged, as having oxecutcd tho ' pa me as a surety. ( li |