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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 540   View pdf image (33K)
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540 ARTICLE 16.

An. Code, sec. 248. 1904, sec. 232. 1888, sec. 214. 1876, ch. 245, sec. 2. 1894, ch. 530.

264. 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 payment 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 263,
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, committee or guardian has properly bonded and been
qualified as said trustee, committee or guardian.
See notes to sec. 263.

An. Code, sec. 249. 1904, sec. 233. 1888, sec. 215. 1876, ch. 245, sec. 3. 1894, ch. 530.

265. 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 competent 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.

An. Code, sec. 250. 1906, ch. 337.

266. Whenever a ground rent reserved by lease or sub-lease hereto-
fore or hereafter created, is now redeemable or hereafter becomes redeem-
able, and the owner of the leasehold or sub-leasehold estate, subject 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 chancery jurisdiction in the city or county where the land
is situated, out of which said rent is payable, may upon the ex parte petition
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 is entitled to
redeem and after notice by service of process upon such trustee or life
tenant, or holder of a defeasible estate, or after notice by publication of
such trustee or life tenant or holder of a defeasible estate be a non-resident,
order the conveyance of the reversion or sub-reversion and rent or sub-rent,
in such land by such trustee or life tenant, or holder of a defeasible estate
to the owner of the leasehold or sub-leasehold interests therein upon the
payment of the sum of money for which the said rent or sub-rent may be
redeemable, together with a due proportion of the accruing rent to the

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 540   View pdf image (33K)
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