100 CHANCERY. [ART. 16.

133. In case a sale shall be made on credit, the court may,
upon application of the mortgagee or creditor, direct any bond
taken in consequence of such sale to be assigned to such mort-
gagee or creditor, and the assignee may sue on such bond in
his own name.

134. The court may decree ii sale of an equitable title in any
case where a decree for the sale of the legal title could be passed,
and the purchaser of such equitable title shall have the same
remedy for obtaining the legal title, that the person whose equi-
table interest he purchased would have had if no sale had been
made.

TRUSTEE.

135. In all cases where a decree for a sale passes, the court
may appoint a trustee to make such sale.

136. Every trustee appointed by decree to make a sale, before
he sells shall give bond to the State, in such penalty as the court
or the judge thereof may prescribe, and with surety or sureties
to be approved by the judge of the court or the clerk thereof,
with condition that such trustee shall faithfully perform and exe-
cute the trust reposed in him, and such trustee shall report,
under oath, any sale he may make, to the court, and also report
his proceedings whenever he may be required by the court.

137. No sale made by a trustee appointed by the court shall be
valid unless such sale is confirmed by the court; and the court
may order any such trustee to bring into court any money, notes
or bonds he may receive for the purchase money on any sale he
may make, to be disposed of as the court may direct.

138. In all cases where a trustee has been appointed by will
or deed to execute any trust, and any person interested in such
trust shall make it appear to the court that it is necessary, for
the safety of those interested in the execution of the trust, that
the trustee should give bond and security for the due execution
of the trust, the court may order that such bond be given, on or
before such day as the court shall name; and if the bond, with
such security as the court shall approve, be not given by such
trustee, then the court may remove such trustee and appoint one
in his stead, who shall give such bond and security as the court
may require.