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Power to appoint person to convey. 15 Geo. 5, c. 19, s. 50.
Vesting
orders as to stock and thing in action.
15 Geo. 5, c. 19, s. 51.
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(b) if there is no such person, or no such person of full capacity, as if such person had existed and been of full capacity and had duly executed all proper conveyances of the land for such estate or interest as the court directs;
and shall in every other case have the same effect as if the trustee, or other person or description or class of persons to whose rights or supposed rights the said provisions respectively relate had been an ascertained and existing person of full capacity, and had executed a conveyance or release to the effect intended by the order.
51. In all cases where a vesting order can be made under any of the foregoing provisions, the court may, if it is more convenient, appoint a person to convey the land or any interest therein or release the contingent right, and a conveyance or release by that person in conformity with the order shall have the same effect as an order under the appropriate pro- vision.
52.-(1) In any of the following cases, namely :-
(i) where the court appoints or has appointed a trustee, or where a trustee has been appoint- ed out of court under any statutory or express power;
(ii) where a trustee entitled, whether by way of mortgage or otherwise, alone or jointly with another person to stock or to a thing in
action-
(a) is under disability; or
(b) is out of the jurisdiction of the court;
or
(c) cannot be found, or, being a corpora-
tion, has been dissolved; or
(d) neglects or refuses to transfer stock or receive the dividends or income thereof, or to sue for or recover & thing in action, according to the direction of the person absolutely en- titled thereto for twenty-eight days next after a request in writing has been made to him by the person so entitled; or
(e) neglects or refuses to transfer stock or receive the dividends or income thereof, or to sue for or recover a thing in action for twenty-eight days next after an order of the court for that purpose has been served on him;
(iii) where it is uncertain whether a trustee en- titled alone or jointly with another person to stock or to a thing in action is alive or dead; (iv) where stock is standing in the name of a deceased person whose personal representa- tive is under disability;
(v) where stock or a thing in action is vested in a trustee whether by way of mortgage or otherwise and it appears to the court to be expedient;
the court may make an order vesting the right to transfer or call for a transfer of stock, or to receive the dividends or income thereof, or to sue for or re- cover the thing in action, in any such person as the court may appoint:
Provided that-
(a) where the order is consequential on the ap- pointment of a trustee, the right shall be