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SECTION 1. Be it enacted by the General Assembly
of Maryland, That in all cases where one or more
persons is or are entitled to an estate for life or
years inland, and other persons are entitled to a
remander or remanders, vested or contingent, or
an executory, devise or devises, or any other interest,
vested or contingent, in the same land, on applica-
tion of any of the parties in interest, a Court of
Equity may, if all the parties in being are parties
to the proceeding, decree a sale or lease thereof, if
it shall appear to be advantageous to the parties
concerned, and shall direct the investment of the
proceeds of sale, or the limitation of the leasehold
interest, as the case may be, so as to enure to the
use of the same parties, who would be entitled to
the land sold or leased, and all such decrees, if all
the persons are parties who would be entitled if
the contingency had happened at the date of the
decree, shall bind all persons, whether in being or
not, who claim any nterest in said land under any
of the parties to said decree, or under any person
from whom any of the parties to such decree claim;
this to apply to leasehold as well as freehold es-
tates.
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Courts of
Equity — pow-
ers in selling
or leasing
lands.
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