414 JONES v. STOCKETT.
in the name of the said trustees for the uses, intents and purposes
in the proceedings mentioned, and the interest or dividends there-
on, as the same may become due and be collected, shall be paid
by them unto the said Ann, the wife of the said Samuel, during
her natural life; and after her death the said bank stock shall be
disposed of and pass as is directed by the last will and testament
of the testator. And for the purpose of making such investment,
the money will be directed to be paid to the trustees when required,
Provided that a copy of this order, together with a copy of the
foregoing petition, be served on the said trustees on or before the
twentieth day of February next.
The trustee Stockett, on the 16th of March, 1826, reported that
he had received another sum of $1,900, and requested to be au-
thorized to invest that sum also; and said, that he had no interest
adverse to that of the plaintiff's; and therefore was willing that the
investment should be made as proposed, if the court thought the
fund secure.
18th March, 1826.—BLAND, Chancellor.—Ordered, that the
said trustees be and they are hereby authorized and directed to
invest the additional sum of about $1,900 received lately by one
of them, as stated, in stock of the Bank of Westminster, upon the
terms and as prescribed by the order of the 2Oth of January last.
And no cause having been shewn against the execution of the said
order, the same is hereby declared to be absolute; and the said
trustees are directed to invest the said sums of money accordingly.
The trustees Stockett and Wayman reported that they had, as
ordered, purchased stock in the Bank of Westminster at $1 per
share above par, that is to say, that they had purchased capital
stock to the amount of $3,330 for the sum of $3,552 in money.
Which they prayed might be confirmed; and that the moneys
deposited in court might be applied accordingly.
20th April, 1826.—BLAND, Chancellor.—Ordered, that the said
report be and the same is hereby ratified and confirmed; and the
register is directed to draw a check on The Farmers Bank of Ma-
ryland for the whole sum of money which has been deposited, or
so much thereof as now remains to the credit of this case, in favour
of the said trustees or either of them, or for so much thereof as
they or either of them may require for the purpose of its being
applied as stated in the said report.
|
|