Volume 194, Page 1052 View pdf image (33K) |
1052 11 GEO. 3, CAP. 20, RENEWAL OF LEASES. to any Person or Persons, Bodies Politic, or Corporate or Col- legiate, Aggregate or Sole, a new Lease or Leases of the Pre- mises comprised in such Lease or Leases so to be surrendered by virtue of this Act, for and during such Number of Lives, or for such Term or Terms of Years, determinable upon such Number of Lives, or for such Term or Terms of Years absolute, as was or were mentioned or contained in such Lease or Leases so surrendered, at the making thereof, or otherwise, as the Lord High Chancellor of Great Britain, or the Lord Keeper or Lords Commissioners of the Great Seal of Great Britain for the time being, by any such Order, so to be obtained as aforesaid, shall direct. II. And be it further enacted and declared by the Authority aforesaid, That all and every such Lease or Leases so to be made or executed as aforesaid, shall be and be deemed as good and valid, and effectual in the Law, to all Intents and Pur- poses, as if such Lunatic was at the Time of making or exe- 792 cuting* thereof of sane Mind, and had executed the same in his or her own proper Person; any Thing in this Act, or any former Law, to the contrary thereof in any wise notwithstand- ing- Ill. Provided always, and be it further enacted by the Authority aforesaid, That all Fines, Premiums, Foregifts, and Sums of Money, which shall or may be had, received, or paid for, or on account of the renewing of any such Lease or Leases as aforesaid, shall (after a Reduction of ail necessary incident Charges and Expenses) be paid to the Guardian or Guar- dians, Committee or Committees, of the said Lunatic, and be applied and disposed of for the Benefit of such Lunatic, in such Manner as the Lord High Chancellor of Great Britain, or the Lord Keeper, or the Lords Commissioners of the Great Seal of Great Britain, shall direct; But, upon the Death of such Lunatic or Lunatics, all such Sum and Sums of Money as shall arise by such Fines, Premiums, or Foregifts. or so much as shall remain unapplied for the Benefit of such Luna- tic or Lunatics, at his, her or their Death, shall, as between the Representatives of the real and personal Estates of all such Lunatics, be considered as real Estate, unless such Luna- tic or Lunatics shall be Tenant for Life only; and then the same shall be considered as personal Estate. See note to 29 Geo. 2, c. 31. |
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Volume 194, Page 1052 View pdf image (33K) |
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