Page:United States Statutes at Large Volume 54 Part 1.djvu/772

 PUBLIC LAWS-CH. 527-JULY 2, 1940 Retention of instru- ments. Collection of fees, etc. Lien information cards. Notations. Delivery of certifi- cate. Entry of liens on issued certificates. Delivery. Assignment of lien. Entry on certificate. Numbering of as- signment, etc. lien on the application for certificate. The recorder shall retain the instruments for his permanent file and collect the fees and charges thereon and return the application and all other papers to the direc- tor, who shall thereupon deliver same to a representative of the collec- tor of taxes of the District of Columbia, stationed in the office of the director. Said representative shall then collect from the applicant or his representative all fees and charges in connection with the issu- ance of the certificate and shall return said application and papers to the director. The director shall thereupon issue the certificate and where liens are shown on such an application shall stamp upon each of two cards, the size of which shall be fixed by the director, the information stamped by the director on the face of such certificate and shall deliver such certificate, its application, cards, if any, and the identification-tag application to the recorder. If the application for title shows no liens, the recorder shall stamp on the certificate and on the reverse side of that portion of the application for identifi- cation tags known as "Collector's Coupon" the words "No Liens Shown By Records" and the date. If the application shows liens, the recorder shall stamp aforesaid "Collector's Coupon" with the words "Lien Recorded" and shall enter the lien information on certificate and on each of the said cards. The aforesaid stamping and entering shall be made on the face of the certificate in the space provided for the use of the recorder. The recorder shall then deliver both appli- cations and the papers attached and the certificate to the director, who shall retain the application and the papers attached and shall deliver or mail the certificate to the record holder of the first lien shown thereon or his representative; or if there are no liens, then to the owner or his representative. SEC. 7. When it is desired to have a lien entered on a certificate theretofore issued, the instrument and the certificate shall be pre- sented to the recorder in the office of the director and upon the payment of the necessary fees to the representative of the recorder of deeds of the District of Columbia in the office of the director the recorder shall accept the instruments for recording and unless he has cards covering said motor vehicle or trailer the director shall stamp cards in the manner set forth in section 6. The recorder shall enter the lien information on the certificate in the space hereinbefore mentioned and on each of said cards and shall deliver or mail the certificato to the record holder of the first unsatisfied lien shown thereon or his representative. SEC. 8. The rights of the holder of an unsatisfied lien shown on a certificate may be assigned by an assignment in writing, which shall show the name and address of the assignee, the trade name and engine number of the motor vehicle, or the trade name and serial number, if any, of the trailer, and the recorder's record number of the instru- ment, or, if none, a brief description sufficient to identify the lien shall be signed by the holder of the lien and acknowledged by him in the manner provided by law for deeds of real estate. Upon presen- tation of an assignment and a certificate and the payment of the prescribed fee to the representative of the recorder of deeds of the District of Columbia in the office of the director, the recorder shall enter upon the face of the certificate and upon each of the cards hereinbefore described the recorder's record number of the lien which is beingassigned, or, if no such instrument is on file, a brief descrip- tion sufficient to identify the lien, the date of the assignment and the words, "Assigned to", and the name and address of the assignee, and the date. ITheassignment shall be attached to the instrument if the instrument has been filed with the recorder, and, if not, the assign- ment shall be given a recorder's record number and filed by the 738 [5ii. STAT.

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