Circuit court hearing and confirmation of mortgage indebtedness compromise.

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7-19-5. Circuit court hearing and confirmation of mortgage indebtedness compromise.

After the passage of the resolution required by §7-19-4, it shall be the duty of the county auditor within three days to notify the state's attorney in writing of the adoption of the same. The state's attorney shall thereupon petition the circuit court for an order approving and confirming said compromise. Such petition shall be brought on for hearing upon notice setting forth the contents of said resolution and the time and place of hearing said petition which said notice shall be published once in an official newspaper of the county at least six days prior to said hearing.

Source: SL 1935, ch 81, §2; SDC 1939, §12.1916.


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