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The Maryland Code, Public General Laws, 1888
Volume 389, Page 202   View pdf image
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202 CHANCERY—TRUSTEE. [ART. 16.

1874, ch. 483, sec. 110.

208. Upon the trustee, so appointed by the court or judge,
giving bond as before directed, the whole trust estate shall vest
in him, subject to the provisions of the trust deed or other instru-
ment creating the trust, and the same power may be exercised by
the court or judge from time to time until a trustee shall be
appointed and give bond.

Ibid. sec. 111. 1884, ch. 26.

209. It shall be the duty of the trustee within six months
from the period of his giving bond, to make report upon oath to
the circuit court for the county or circuit court of Baltimore city,
of the whole amount of the trust estate and the disposition made
of the same; and any sale of leasehold or fee simple property
made by such trustee, before taking effect, shall be reported to
and ratified by said court.

Ibid sec. 112.

210. Tf any trustee shall fail to make report to the court, as
required by the preceding section, the clerk shall issue a summons,
commanding him to appear before court at the next ensuing term
to make such report, and if the summons is returned served, and
the trustee shall fall to appear and report, an attachment shall
issue to compel an appearance upon which similar proceedings
shall be had as in other cases.

1870, ch. 247. 1878, ch. 107.

211. In any case in which a trustee shall have been, or may
hereafter be appointed by deed or by will, either as sole trustee
or as a trustee to act in conjunction with another person or other
persons to manage, lease or sell any real or personal estate, or
shall have been or shall hereafter be appointed such trustee by
any court of this State exercising equity jurisdiction, and shall be
desirous to retire from and resign such trust after he or she shall
have accepted the same, such trustee may exhibit a petition ex
parte in the court exercising equity jurisdiction in the city or
county where said real or personal estate or said leasehold prop-
erty may be situated, accompanied by a full and particular
account, under oath, of his or her receipts and disbursements, if

 

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The Maryland Code, Public General Laws, 1888
Volume 389, Page 202   View pdf image
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