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Session Laws, 1969
Volume 692, Page 85   View pdf image
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MARVIN MANDEL, Governor                          85

future situation, prospects and destination; and the said court, if it
deem it advantageous to the ward, may allow the guardian to exceed
the income of the estate and to make use of his principal and sell
part of the same under its order; but no part of the real estate shall
on account of such maintenance or education be diminished without
the approbation of a court of equity as well as the orphans' court,
except that in Montgomery County, the additional approbation of a
court of equity shall not be required.

[187] 19. Court may order sale of specific articles.

In case the personal property of a ward shall consist of specific
articles or chattels, the court may order a sale thereof, either for cash
or on credit, in the discretion of the court; and all proceedings rela-
tive to said sale, including filing of inventory, shall be as directed
respecting sales by administrators.

[188] 20. Sale and investment of leasehold estates.

The orphans' court, if they shall think such sale advantageous to
the ward, may order any guardian to sell leasehold estates of his
ward, and shall order the proceeds to be invested in bank stock or
any other good security, in the name of the ward; and no sale, trans-
fer or disposal of the said stock shall be made without the order of
the court. The said court may also, if they shall think the same ad-
vantageous to the ward, order any guardian to lease any leasehold
estates of the ward, for the whole or any part of the unexpired term,
on such terms as may be deemed advantageous; provided, that such
agreement for a lease shall not have any effect until reported to and
approved by the court, and the rents arising on such lease shall be
accounted for as other property or income of the ward.

[189] 21. Sale of real estate.

The orphans' court may order any guardian to sell any fee simple
real estate or annual ground rents of his ward, or any interest of
his ward therein, provided that the total amount of all the real estate
or rents, or interest therein, owned by the infant, shall not be ap-
praised at more than $5,000; and further provided, that the court
shall be satisfied that such sale would be for the benefit of the minor
or advantageous to his estate. The proceedings shall be by petition
for authority to have such property appraised, including the parcel
to be sold, a petition for an order to sell and a report of sale and such
sale shall not be valid or effectual unless ratified and confirmed by
the orphans' court after notice by publication given in the same
manner as practiced in cases of sales of lands under decrees in equity.

[190] 22. Investment of ward's money.

The orphans' court may order any money belonging to a ward to
be invested in like manner and subject to the same restrictions as
prescribed in Section 20.

[191] 23. Conveyance of ground rents of wards.

Whenever ground rents reserved in leases created heretofore, or
hereafter become redeemable, and the title to the fee and reversion
in the land out of which said rents i