ART. 93] GUARDIAN AND WARD. 2011

1888, art. 93, sec. 171. 1860, art. 93, sec. 171. 1816, ch, 154. 1872, ch. 403.
1882, ch. 384. 1886, ch. 231. 1890, ch. 211. 1892, ch. 100.

171. They shall order the guardian who has received from
any trustee of a court of equity any proceeds of real estate of
his ward sold by such trustee, or the proceeds of the sale of
leasehold estate of his ward, sold by order of the orphans'
court, or moneys belonging to his ward, to invest the same in
mortgages on unincumbered real estate, worth at least double
the amount loaned, or such public stock, permanent funds, or
other good securities to be selected by said guardian, as will
yield the highest rate of interest that can reasonably be had,
or they may when it is clearly for the benefit of the ward order
the same to be invested in land; and the investment selected
shall be reported to the court for its approval before becoming
permanent and the increase or surplus income of such invest-
ment, after what may be necessary for the maintenance and edu-
cation of the ward, shall be invested in like manner under the
direction and approval of the court, and no part of the prin-
cipal shall be applied to the maintenance and education of the
ward without the order and consent of the orphans' court first
had and obtained.

Magill v. McEvoy, 85 Md. 298.

Ibid. sec. 172. 1860, art. 93, sec. 172. 1816, ch. 154, sec. 7. 1872, ch. 403.

172. All moneys invested under the preceding section shall
be invested in the name of the ward, and shall be transferable
only under the order of the orphans' court; and all transfers
without such order shall be void; and whenever the orphans'
court shall in its discretion authorize a guardian to invest or
mortgage the proceeds of the sale of real estate belonging to
his ward and sold by a trustee in equity, the affidavit of con-
sideration to such mortgage shall be made by the guardian of
such ward.

O'Hara v. Shepherd, 3 Md. Ch. 306.

Ibid. sec. 173. 1860, art. 93, sec. 173. 1843, ch. 304, secs. 1, 2.

173. No guardian shall sell any property of his ward with-
out an order of the orphans' court approving the bond of such
guardian being first had and obtained; and any sale or removal
without an order of court previously had shall be void, and no
title shall pass thereby to the purchaser, and his guardianship
may be revoked, and the same proceedings relative thereto