Deposit of value of property taken

Where any claim as mentioned in section 51 of this Act is made, the claimant may deposit with the bailiff either the amount of the value of the goods claimed, that value to be fixed by appraisement in case of dispute, to be by the bailiff paid into court to abide the decision of the court upon the claim, or the sum which the bailiff may be allowed to charge as costs for keeping possession of the goods until the decision can be obtained, or may give to the bailiff, in the prescribed manner, security for the value of the goods claimed and, in default of the claimant so doing, the bailiff shall sell the goods as if the claim had not been made, and shall pay into court the proceeds of sale to abide the decision of the court.