762

LAWS OF MARYLAND.

county, or Circuit Court or Superior Court of Balti-

more city, shall be satisfied that it would "be im-

proper to require a bond to be given for double the

amount of the property placed in the hands, or made

subject to the disposition of said trustee, the court

may prescribe the amount of the bond to be given

by such trustee.

Fail or refuse
to give bond.

SEC. 109. If any trustee shall fail or refuse to give
such bond for the space of three months after the

deed or instrument creating the trust is deposited

with the clerk to be recorded; the clerk shall give

notice thereof to the court, of which he is clerk, or

to the judge thereof, who, upon consideration of the

circumstances and upon reasonable notice to the

trustee, and such of the parties interested as may

conveniently be served therewith, as the court or

judge shall prescribe, shall proceed to appoint an-

other trustee in lieu of the trustee who shall have

failed or refused.

SEC. 110. Upon the trustee, so appointed by the

Shall rest in
him.

court or judge, giving bond as before directed, the

whole trust estate shall rest in him, subject to the

provisions of the trust deed or other instrument

creating the trust, and the same power may be exer-

cised by the court or judge from time to time until'

a trustee shall be appointed and give bond.

SEC. 111. It shall be the duty of the trustee within

To make report

six months from the period of his giving bond, to

make report upon oath to the court, in which the

bond is tiled, of the whole amount of the trust estate

and the disposition made of the same, and any sale

made by such trustee, before taking effect, shall be

reported to and ratified by said court.

SEC. 112. If any trustee shall fail to make report

Failure to
make report.

to the court, as required by the preceding section,

the clerk shall issue a summons commanding him to

appear before the court at the next ensuing term to

make such report, and if the summons is returned

served, and the trustee shall fail to appear and report,

an attachment shall issue to compel an appearance

upon which similar proceedings shall be had as in

other cases.