27. Every occupation license granted, and every certificate of sale or receipt for money paid on the sale of public land, and every location ticket granted or made by the Commissioner of Crown Lands or any of his agents, previous to the 23rd of April, 1860, so long as the sale or grant to which such occupation license, receipt, certificate or location ticket relates, is in force and not rescinded, shall have the same force and shall inure to the benefit of the party to whom the same was granted or to the assignee by instrument registered as aforesaid, in the same manner and to the same extent as the instrument in the form of an occupation license mentioned in section 26.
R. S. 1964, c. 92, s. 31.