(65 ILCS 55/24) (from Ch. 24, par. 808.24)
Sec. 24.
Any property owner, or his agent, may pay his assessment wholly or
in part, either before or after the same is due, and whether or not the
assessment has been withdrawn from collection or the property assessed has
been sold to any municipality or forfeited to the State for the non-payment
of such assessment, with the bonds or vouchers heretofore or hereafter
issued under this Act on account of such assessment, applying, however, the
bonds and vouchers of each series only to the payment of the installments
to which they relate. In making such payments, such vouchers and bonds
shall be taken at their par value and interest accrued to the date of
making such payment. All vouchers and bonds received in payment of such
assessment shall be cancelled by the officer receiving the same, as of the
date of their receipt, and deposited with the treasurer of the said town or
village or the City Comptroller of the City issuing the same. Provided,
however, that when the amount of the assessment is less than that of the
bond or voucher, the officer receiving the same shall issue a receipt for
the balance which shall entitle the owner to the same rights, except as to
negotiability, as if the receipt were the original bond or voucher in the
amount of the balance.
Any such endorsement on any such bond or voucher shall be made by
writing or stamping across the face thereof the words "Payments upon this
bond (or voucher) are listed upon the back".
(Source: Laws 1943, vol. 1, p. 422.)
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