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Session Laws, 1890
Volume 396, Page 241   View pdf image (33K)
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ELIHU E. JACKSON, ESQUIRE, GOVERNOR.

241

acknowledged and recorded as herein provided; and all such deeds


shall b6 acknowledged before some one of the officers named in


sections two, three, four and five of this article, and that any un-

Power to

married woman between the age of eighteen years and twenty-one
years, shall have power to make a deed of trust of her property,

deed.

real, personal or mixed; provided the same shall be approved and


sanctioned by a court having equity jurisdiction in the city or


county where the grantor resides, upon the petition of the said


grantor, and such proof as the said court in its discretion may


require.


SEC. 2. And be it enacted, That this act shall take effect from

Effective.

the date of its passage.


Approved March 31, 1890.


CHAPTER 211.


AN ACT to repeal and re-enact with amendments section one


hundred and seventy-one, of article ninety-three, of the Code


of Public General Laws, title "Testamentary Law," sub-title


" Guardian and Ward."


SECTION 1. Be it enacted by the General Assembly of Maryland,


That section one hundred and seventy-one, of article ninety- three,

Release.

of the Code of Public General Laws, title " Testamentary Law,"


sub-title " Guardian and Ward," be and the same is hereby re-


pealed and re-enacted to read as follows :


SEC. 171. They shall order the guardian who has received from


any trustee of a court of equity any proceeds of real estate of hia


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 unen-


cumbered real estate, worth at least double the amount loaned, or


such public stocks, permanent funds or other good securities to be

To Invest.

selected by said guardian as will yield the highest rate of interest


that can reasonably be had, and said investment shall be reported


to the court for its approval before becoming permanent, and the


increase or surplus interest of such investment after what may be


necessary for the maintenance and education of the ward shall


be invested in like manner under the direction and approval of


the court, and no part of the principal shall be applied to the


maintenance and education of the ward without the order and


consent of the orphans' court first had and obtained.


SEC. 2. And be it further enacted, That this act shall take effect


from the date of its passage.

Effective.

Approved March 31, 1890.


16




 
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Session Laws, 1890
Volume 396, Page 241   View pdf image (33K)
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