D. 1883.
lands taken
the lands rein, has rein con-sign such
d or was vith such es to the
to Court, 1 of such
d in the
einbefore
ereupon
shall be Company ht to be
to Court
n within
Be same ion.
ufficient, in of the
aid into iry shall
of any interest
e execu-
isfaction
I be de-
h party
t in its
ided for
rable in chedule.
TRAMWAYS.
[No. 2.
411
money pay-
disability
A.D. 1883.
or of any interest therein, purchased or taken by the Company from purchase any tenant for life or in tail, married woman seized in her own right, able to par- guardian, committee of lunatic or idiot, trustee, executor or administrator, or person having a partial or qualified interest only in such lands, and not entitled to sell or assign the same except under the provisions of this Ordinance, or the compensation to be paid for any permanent damage to any such lands, exceeds the sum of one thousand dollars, the same shall be paid into Court, subject to the orders of the Court, and such moneys shall remain in Court until the same are applied to some one or more of the following purposes; that is to say,
(1.) in the discharge of any debt or incumbrance affecting the lands in respect of which such money has been paid or affecting other lands settled therewith to the same or the like uses, trusts, or purposes; or
(2.) in the purchase of other lands to be assigned, limited, and settled upon the like uses, trusts, and purposes, and in the same manner, as the lands in respect of which such money has been paid stood settled; or,
(3.) if such money has been paid in respect of any buildings taken under the authority of this Ordinance or injured by the proximity of the works, in removing or re-placing such buildings or substituting others in their stead, in such manner as the Court may direct; or
(4.) in payment to any party becoming absolutely entitled to such money.
86. Such money may be so applied as aforesaid upon an order of the Court or a Judge, made on the petition of the party who would have been entitled to the rents and profits of the lands in respect of which such money has been paid into Court; and until the money can be so applied, it may, upon the like order, be invested by the Registrar in or upon any securities or investments authorized by the Court or a Judge, and the interest, dividends, and annual proceeds thereof paid to the party who would for the time being have been entitled to the rents and profits of the lands.
87.--(1.) If the purchase money or compensation does not exceed the sum of one thousand dollars and exceeds the sum of one hundred dollars, the same shall either be paid into Court and applied in the manner hereinbefore directed with respect to sums exceeding one thousand dollars or the same may lawfully be paid to two trustees, to be nominated by the parties entitled to the rents or profits of the lands in respect whereof the same is payable, such nomination to be signified by writing under the hand of the parties so entitled; and, in case of the
Order for application ment nican-
and invest-
while.
Payment into Court or to
trustees of
sums from $100 to $1,000.