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The Maryland Code, Public General Laws, 1888
Volume 389, Page 151   View pdf image
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ART. 16.] CHANCERY—INFANTS. 151

P. G. L., (1860,) art. 16, sec 45. 1816, ch. 154, secs. 5-6-7. 1886, ch 231,

57. When the real estate or leasehold property of an infant,
or in which an infant is interested, has been, or may hereafter be,
sold upon the application of his or her guardian or prochein ami,
or by virtue of or under a decree of court, in a case to which
such infant is a party, or by virtue of a power contained in a
mortgage upon such real estate or leasehold property, the money
arising from such sale to which such infant shall be entitled,
shall be invested as the court decreeing or ratifying such sale
shall direct, in the name of such infant, provided such sum
shall exceed the sum of five hundred dollars; and the surplus
interest, after deducting what may be necessary for the main-
tenance and education of such infant, shall also be invested as
aforesaid, and such investments shall not be transferred except
by the order of the court decreeing or ratifying such sale; and
any transfer without such order, shall be void; in all cases men-
tioned above, when the amount to which such infant is entitled
shall not exceed the sum of tive hundred dollars, the court de-
creeing or ratifying such sale may, upon the application of the
person making such sale, or upon the petition of the guardian of
such infant, order and direct the money to be paid to the guar-
dian of such infant, upon the filing in said case of a certificate
from the register of wills of the county or city in which letters
of guardianship have been granted, that the guardian of such
infant has filed in the orphans' court of the county or city grant-
ing letters of guardianship, a bond, in an amount and with
security sufficient to protect such infant in the premises.

Clay v. Brittingham, 34 Md 675 Gill v. Wells, 59 Md. 492.

Ibid. sec. 46. 1816, ch. 154, sec 8.

58. No part of the principal arising from such sale of any
real estate shall be applied to the maintenance of any infant,
unless the court shall consider it necessary and order the same to
be done.

day v. Brittingham, 34 Md 675. Gill v. Wells, 59 Md. 492.

Ibid, sec. 47. 1816, ch 154, sec 13. 1831, ch. 311, sec. 9.

59. Where an infant is seized of a reversion dependent upon a
life estate, the court may, with the assent of the tenant for life,

 

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The Maryland Code, Public General Laws, 1888
Volume 389, Page 151   View pdf image
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