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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 3038   View pdf image (33K)
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700 LAWS OF MARYLAND.
 

CHAPTER 380.

 

AN ACT to amend and re-enact the one hundred
and sixty-seventh Section of the ninety-third
Article of the Code of Public General Laws,
entitled "Testamentary Law."

Altered.

SECTION 1. Be it enacted by the General Assembly
of Maryland, That the one hundred and sixty-
seventh Section of the ninety-third Article of the
Code of Public General Laws, entitled "Testa-
mentary Laws," be and the same is hereby al-
tered so as to read as follows :

Sell estates,
invest, &c.

167. The Orphans' Court, if they shall think
such sale advantageous to the ward, may order
any guardian to sell. leasehold estates of his ward,
and shall order the proceeds to be invested in bank
stock or any other good security, in the name of
the ward, and no sale, transfer or disposal of the
said stock shall be made without the order of the
Court. The said Court may, also, if they shall
think the same advantageous to the ward, order
any guardian to lease any leasehold estates of the
ward, for the whole or any part of the unexpired
term, on such terms as may be deemed advanta-
geous ; provided that such agreement for a lease
shall not have any effect until reported to and ap-
proved by the Court, and the rents arising on each
lease shall be accounted for as other property or
income of the ward.

In force.

Sec. 2. And be it enacted. That this Act shall
take effect from the date of its passage.

Approved March 30, 1868.



 

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Proceedings and Acts of the General Assembly, March 30, 1868
Volume 142, Page 3038   View pdf image (33K)
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