ART. 16. ] TRUSTEE. 11

from the owner of the leasehold or sub-leasehold for the redemp-
tion of such rent or sub-rent shall be forwith accounted for to
the court by the trustee or life tenant or holder of the feasible
estate receiving the same, and the court shall make such orders
in reference to the investment of the same as may be proper
to the end that the said money shall be held in place and
stead of the redeemed reversion and rent so as to enure
in like manner to the benefit of the persons entitled to said
reversion and rent. Before receiving the redemption money
the trustee or life tenant or holder of the defeasible estate
shall give bond to the State of Maryland in the penalty of
double the amount of the redemption money, with a surety
or sureties to be approved by the court or the clerk thereof,
unless such trustee or life tenant or holder of the defeasible
estate has previously given a bond which protects the
redemption money, or unless such trustee has been excused
from giving bond by the instrument creating the trust. Where
a life tenant or the holder of a defeasible estate is the owner
of the reversion and rent, the court may, instead of directing
the life tenant or holder of the defeasible estate to execute such
deed and receive the redemption money, appoint a trustee to
execute the deed and to receive the redemption money. The
court costs of the proceeding, including the expense of obtain-
ing a corporate bond, (the amount of such expense being sub-
ject to the direction of the court), shall be paid out of the
money received for the redemption of the rent. No purchaser
shall be required to see to the application of the purchase
money. *

Approved April 3, 1906.

1906, ch. 634.

283 B. Whenever by any will hereafter probated or by any
deed or other instrument hereafter executed a power to sell,
mortgage, lease or otherwise dispose of real or personal estate
shall be given to any one or more trustees, executors or other
fiduciary officers, such power, whether discretionary or other-
wise, shall be construed to be appurtenant to the fiduciary office
and shall pass to and be exercisable by any surviving trustees,
executor or other fiduciary, or by any 'successor in the office
however appointed, unless an intention to the contrary is
expressly declared in such will, deed or other instrument.

Approved April 3, 1906.

*Called Section 216A in the Act.