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Session Laws, 1838
Volume 598, Page 397   View pdf image
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1838.

LAWS OF MARYLAND.

CHAP. 3S8.

tees, be prescribed in the deed creating the trust, and
on the filling up of said vacancy or vacancies, the new

Title confirmed to.

trustee or trustees shall be seized of the trust proper-
him, or them, in the same manner and possessed of the
same power over the trust property, as if he or they

had been originally named in the deed creating the

As to liability.

trust; provided nevertheless, that no trustee shall be at

any pecuniary responsibility, so as to throw the whole
burden thereof, on the remaining trustee or trustees,

In any case only

minority of trus-

tees remaining.

Sec. 3. And be it enacted, That whenever any pro-
perty has been conveyed in trust as aforesaid, and by
reason of the causes specified in the dred creating the
trust, or by reason of resignations as authorised by
this act, or from any other cause, there shall be a mi-
nority only of the board of trustees remaining, it shall
and may be lawful for the remaining trustee or trus-

May supply vacan-

cies.

tees, or a majority of them, to fill up the board of
trustees, conforming as nearly as possible, in so doing,
to the provisions of the deed creating the trust, provid-

Proviso.

ed however, if a different mode of filling any vacancy
or vacancies in the board of trustees, be prescribed in
the deed creating the trust, then the vacancy or vacan-
cies shall be filled in the manner thereby prescribed,

and on filling up of said vacancy or vacancies, the new

trustee or trustees shall become jointly seized with him
or them, of the trust property, according to the enact-
ments of the second section of this law.

In case of absence

of trustee.

Sec. 4. And be it enacted, That whenever any pro-
perty may have been, or shall hereafter be conveyed in
trust as aforesaid, and by reason of the removal out
of the State, or from any other cause whatever, the
trustees cannot be assembled for the purpose of filling

any vacancy, or vacancies, occurring as aforesaid, it

Vacancy may be

filled.

shall and may be lawful for the nomination of a trus-
made to each of the trustees separately, and for each

Mode specified.

of the trustees to give his vote in writing specifying
the name of the nominee, or nominees for whom he

the same effect, and be equally as valid as if made ac-
cording to the provisions of the deed, creating the



 
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Session Laws, 1838
Volume 598, Page 397   View pdf image
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