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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 439   View pdf image (33K)
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ART. 16] TRUSTEE. 439

to any other trustee of said cestui que trust or committee, guardian or
trustee of such lunatic, appointed as such by a court in any State of
competent jurisdiction, or any judge thereof, whether the trustee, com-
mittee or guardian so appointed resides in the State of Maryland or
elsewhere.

1904. art. 16, sec. 232. 1888, art. 16. sec. 214. 1876. ch. 245. sec. 2. 1894, ch. 330.

248. Upon application the said circuit courts of Baltimore city, or
any court in this State having equity jurisdiction, is authorized and
empowered to pass an order directing the transfer, assignment or pay-
ment of the trust funds, moneys or properties of said cestui que trust
or lunatic to any other trustee, committee or guardian, as specified and
mentioned in section 247, provided the said court, before passing the
order as aforesaid, or any judge thereof, as mentioned in the preceding
section, who is hereby authorized and empowered to pass such order,
shall be of opinion that it would be to the interest and advantage of the
cestui que trust or lunatic that said transfer should be made, and the
court or said judge shall further be satisfied that said new trustee, com-
mittee or guardian has properly bonded and been qualified as said
trustee, committee or guardian.

Ibid. sec. 233. 1888, art. 10. sec. 215. 1876, ch. 245. sec. 3. 1894, ch. 530.

249. The receipt and release of the trustee or trustees, committee
or guardian, properly authenticated, as provided by article 79 of this
code, to whom the said trust moneys, properties and effects of the
cestui que trust or lunatic shall or may have been paid over, assigned or
transferred in virtue of the order or decree of the said circuit court
or circuit court No. 2 of Baltimore city, or of any other court of com-
petent jurisdiction in this State, or any judge thereof, shall be a good
and sufficient release to the trustee or committee so paying over,
transferring or assigning said trust moneys, properties and effects of
said trust estate.

1906, ch. 337.

250. Whenever a ground rent reserved by lease or sub-lease hereto-
fore or hereafter created, is now redeemable or hereafter becomes
redeemable, and the owner of the leasehold or sub-leasehold estate, sub-
ject to said rent, may desire to redeem the same. and at the time of
such desired redemption the title of said rent is vested in a trustee
under a will, deed or other instrument for any trust, use or purpose,
but without a power of sale in such trustee, or is vested in a life tenant
with remainder over, vested or contingent, or is vested in the holder
of a defeasible estate, but without a power of sale in such life tenant
or such holder of a defeasible estate, any court having chan-
cery jurisdiction in the city or county where the land is situ-
ated, out of which said rent is payable, may upon the ex parte peti-
tion of such trustee or life tenant or holder of a defeasible estate, or
upon the petition of the owner of the leasehold or sub-leasehold who

 

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The Annotated Code of the Public Civil Laws of Maryland, 1911
Volume 372, Page 439   View pdf image (33K)
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