State Codes and Statutes

Statutes > Virginia > Title-6-1 > Chapter-8 > 6-1-338

§ 6.1-338. (Repealed effective October 1, 2010) Sale of contents after twoyears.

After the expiration of two years from the time of mailing the certificateprovided for under § 6.1-336, if such renter or lessee has not obtaineddelivery of such contents as aforesaid, the company, bank, trust company, orother corporation shall mail in a securely closed, postpaid, registered orcertified letter, addressed to such renter or lessee at his last knownpost-office address, a notice stating that two years have elapsed since theopening of the safe or box and the mailing of a certificate thereof, and thatthe company, bank, trust company, or other corporation will sell all theproperty or articles of value set out in such certificate at a time and placestated in such notice, not less than sixty days after the time of mailingsuch notice, and stating the amount which shall have then become due forrental, up to the time of opening such safe or box, the cost of opening thesame and the further cost of safekeeping of its contents for the period sincethe opening of the safe or box. Unless such renter or lessee shall pay on orbefore the day mentioned all such sums, and all the charges accruing to thetime of payment, together with legal interest on such sums and charges, thecompany, bank, trust company, or other corporation may sell all the propertyor articles of value set out in such certificate for cash, at public auction,at the time and place stated in such notice, provided a notice of the timeand place of sale has been published twice, not more than twenty days priorto the sale, in a newspaper published in the city, town, or county where thesale is held, or, if there is no such newspaper published in such city, townor county, then in a newspaper published in the city, town, or county nearestthereto having such newspaper.

(Code 1950, § 6-269; 1966, c. 584; 1997, c. 129.)

State Codes and Statutes

Statutes > Virginia > Title-6-1 > Chapter-8 > 6-1-338

§ 6.1-338. (Repealed effective October 1, 2010) Sale of contents after twoyears.

After the expiration of two years from the time of mailing the certificateprovided for under § 6.1-336, if such renter or lessee has not obtaineddelivery of such contents as aforesaid, the company, bank, trust company, orother corporation shall mail in a securely closed, postpaid, registered orcertified letter, addressed to such renter or lessee at his last knownpost-office address, a notice stating that two years have elapsed since theopening of the safe or box and the mailing of a certificate thereof, and thatthe company, bank, trust company, or other corporation will sell all theproperty or articles of value set out in such certificate at a time and placestated in such notice, not less than sixty days after the time of mailingsuch notice, and stating the amount which shall have then become due forrental, up to the time of opening such safe or box, the cost of opening thesame and the further cost of safekeeping of its contents for the period sincethe opening of the safe or box. Unless such renter or lessee shall pay on orbefore the day mentioned all such sums, and all the charges accruing to thetime of payment, together with legal interest on such sums and charges, thecompany, bank, trust company, or other corporation may sell all the propertyor articles of value set out in such certificate for cash, at public auction,at the time and place stated in such notice, provided a notice of the timeand place of sale has been published twice, not more than twenty days priorto the sale, in a newspaper published in the city, town, or county where thesale is held, or, if there is no such newspaper published in such city, townor county, then in a newspaper published in the city, town, or county nearestthereto having such newspaper.

(Code 1950, § 6-269; 1966, c. 584; 1997, c. 129.)


State Codes and Statutes

State Codes and Statutes

Statutes > Virginia > Title-6-1 > Chapter-8 > 6-1-338

§ 6.1-338. (Repealed effective October 1, 2010) Sale of contents after twoyears.

After the expiration of two years from the time of mailing the certificateprovided for under § 6.1-336, if such renter or lessee has not obtaineddelivery of such contents as aforesaid, the company, bank, trust company, orother corporation shall mail in a securely closed, postpaid, registered orcertified letter, addressed to such renter or lessee at his last knownpost-office address, a notice stating that two years have elapsed since theopening of the safe or box and the mailing of a certificate thereof, and thatthe company, bank, trust company, or other corporation will sell all theproperty or articles of value set out in such certificate at a time and placestated in such notice, not less than sixty days after the time of mailingsuch notice, and stating the amount which shall have then become due forrental, up to the time of opening such safe or box, the cost of opening thesame and the further cost of safekeeping of its contents for the period sincethe opening of the safe or box. Unless such renter or lessee shall pay on orbefore the day mentioned all such sums, and all the charges accruing to thetime of payment, together with legal interest on such sums and charges, thecompany, bank, trust company, or other corporation may sell all the propertyor articles of value set out in such certificate for cash, at public auction,at the time and place stated in such notice, provided a notice of the timeand place of sale has been published twice, not more than twenty days priorto the sale, in a newspaper published in the city, town, or county where thesale is held, or, if there is no such newspaper published in such city, townor county, then in a newspaper published in the city, town, or county nearestthereto having such newspaper.

(Code 1950, § 6-269; 1966, c. 584; 1997, c. 129.)