New Jersey § acts:saved-15 - (9)

§ acts:saved-15. (9)

9. That before making any sale by virtue of this act, it shall be the duty of such managers,

or a majority of them, to give notice of the time and place of said sale by advertisement

signed by themselves and inserted in one or more newspapers printed and published

nearest to the place in the county in which said lands are situate for at least sixty

days, once in each week, before the time appointed for such sale, and also set up,

for the same period, in at least ten of the most public places in the township wherein

said lands may lie, which advertisement shall mention a short description, with metes

and bounds, of said lands, the amount of the assessment due, and the owner or reputed

owner's name; and the said lands so sold may be redeemed by the owner or owners thereof,

or by the mortgagee or mortgagees thereof, within two years from the day of sale,

on the payment of the purchase money, with interest thereon, and all expenses and

charges necessarily incurred thereon by the purchaser or purchasers aforesaid, and

in case the same shall be redeemed as hereinbefore provided for by the mortgagee or

mortgagees, or, if the said mortgagee or mortgagees shall have paid any assessment,

with interest and costs thereon, to prevent the said lands from being sold to pay

the same, then in that case the whole amount of payment shall be recovered under and

by virtue of the mortgage which the said mortgagee or mortgagees may hold upon said

lands, in the same manner in all respects as if the same were included in and intended

to be secured thereby, and any mistake in the name or names of the owner or owners,

or omission to name the real owner of any said lands [in] making any such assessment,

shall not invalidate the said assessment or the sale of said lands as aforesaid, and

it shall be lawful for the tenant in possession of said lands upon which any such

assessment may be a lien, to pay the same, if not paid within the time limited, and

the receipt of the treasurer of said company therefor shall be a receipt of the tenant

for so much rent paid.