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The Maryland Code, Public General Laws, 1888
Volume 389, Page 203   View pdf image
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ART. 16.] CHANCERY—TRUSTEE. 205

any, as such trustee; and the said court, upon the filing of such
petition and account, shall have jurisdiction in the premises, and.
shall cause notices to be given by publication in one or more of
the papers of said city or county, and for such time as the said
court may deem proper, giving notice of the filing of such peti-
tion; and if no good cause shall be shown to the contrary by the
day that may be limited in that behalf in said notice, the said
court, by its decree, shall release and discharge the said trustee
from the further execution of said trust, and may pass such order
as to costs, and impose such terms in other respects, if any, as
the nature of the case and equity may require; provided, that
such discharge shall not release said trustee or his sureties, if any,
from liability to any of the cestui que trusts or other persons, for
passed acts, defaults or omissions of duty.

1870, ch. 247, sec. 2.

212. Upon passing such decree, as mentioned in the preceding:
section, or at any time thereafter, on the motion of any person
interested in the further execution of said trust, where the char-
acter of the trust requires the appointment of another person as
trustee in place of the discharged trustee, the said court shall
appoint some suitable person to act thereafter in execution of said
trust; provided, nevertheless, that where any person shall be in
the same trust as a co-trustee, satisfactory evidence shall be pro-
duced before the appointment of a substituted trustee that suck
co-trustee had actual notice of the proposed appointment of such
new trustee, and full time to be heard in relation thereto.

1876, ch. 245, sec. 1.

213. A trustee or trustees in the State of Maryland, either by
deed or will, or by appointment by order of the circuit court of
Baltimore city, or by any court in this State having equity juris-
diction, having funds, money or property of any kind or descrip-
tion, whether invested or uninvested, belonging to cestui que
trusts, may, upon order of the circuit court of Baltimore city, or
upon order of any court of this State having equity jurisdiction, or
any judge thereof, transfer, assign or pay over the principal of
said trust estate, of whatsoever it may consist, and being the
property of his or their cestui que trusts, to any other trustee or

 

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The Maryland Code, Public General Laws, 1888
Volume 389, Page 203   View pdf image
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