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73 and agreed to be the true intent and meaning of these presents that the said Edwin P Hayden and William J Timanus and the survivor of them and the executors and administrators of such survivor shall stand possessed of and interrested in the moneys to arise from such sale or sales and to be called in and received as aforesaid upon trust and to the intent that they or he shall and do in the first place pay and retain to and reimburse themselves or himself all such Costs Charges and expenses as they respectively or he shall or may sustain or expand in and about such sale or sales so to be made as aforesaid and do and shall thereout also pay the expenses of preparing and Executing these presents and all other costs charges and expenses incident to or which may be incurred or sustained in or about the execution of the trusts herein expressed or any of them and then in trust that they the said Edwin P Hayden and William J Timanus and the survivor of them or the executors and administrators of such survivor do and shall apply the rest and residue of said trust moneys in and towards payent and satisfaction of the debts and sums of money due to such creditors of the said Ambrose B Owens as shall within fifteen days from and after the date of these presents execute and deliver to the said Ambrose B Owens a legal and valid release of the several debts due them and all actions suits claims and demands or accounts thereof disbursing the said moneys among the said releasing creditors paro passu and without any prefference or priority of payment and after payment of all said debts Costs and Charges then in trust that they the said Edwin P Hayden and William J Timanus or the survivor of them his Executors administrators do and shall pay over the surplus of said trust moneys (if any) to the said Ambrose B Owens his Executors administrators or assigns and for the considerations and purposes aforesaid the said Ambrose B Owens has made Constituted and appointed and by these presents doth make Constitute and appoint the said Edwin P Hayden and William J Timanus and the survivor of them and the Executors and administrators of such survivor his true and Lawful attorneys and attorney jointly and severally in the name of the said Ambrose B Owens or otherwise to adjust settle and liquidate all accounts relating to the premises and to collect get in and use and take all legal or equitable means for the recovery and receipts of all debts and sums of money mentioned to be hereby assigned as aforesaid and upon receipts acquittances and other effectual discharges for the same or so much thereof respectively as shall be received to make sign seal and deliver and to Compound for any bad or dubious debt or debts and one or more attorney or attorneys (under) |
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Anne Arundel County Court, Chattel Records, 1838-1845
| Volume 817, Page 73 View pdf image |
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