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The Maryland Code Public General Laws, 1904
Volume 393, Page 451   View pdf image (33K)
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ART. 16] TRUSTEE. 451

1888, art. 16, sec. 207. 1874, ch. 483, sec 109.

225. If any trustee shall fail or refuse to give such bond
for the space of three months after the deed or instrument
creating the trust is deposited with the clerk to be recorded,
the clerk shall give notice thereof to the court of which he is
clerk, or to the judge thereof, who, upon consideration of the
circumstances and upon reasonable notice to the trustee, and
such of the parties interested as may conveniently be served
therewith, as the court or judge shall prescribe, shall proceed
to appoint another trustee in lieu of the trustee who shall have
failed or refused.

Ibid. sec. 208. 1874, ch. 483, sec. 110.

226. 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
instrument 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. 209. 1874, ch. 483, sec. 111. 1884, ch. 26.

227. 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 or circuit
court No. 2 of Baltimore city of the whole amount of the trust
estate and the disposition made of the same; and any sole of
leasehold or fee simple property made by such trustee, before
taking effect, shall be reported to and ratified by said court.

Ibid. sec. 210. 1874, ch. 483, sec. 112.

228. If 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 fail to appear and report,
an attachment shall issue to compel an appearance upon which
similar proceedings shall be had as in other cases.

Ibid. sec. 211. 1870, ch 247. 1878, ch 107.

229. 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


 

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The Maryland Code Public General Laws, 1904
Volume 393, Page 451   View pdf image (33K)
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