1923_TRUSTEES_ORDINANCE__1901 — Page 26

HK Historical Laws 香港歷史法例 All AI Reviewed

TRUSTEES.

No. 5 of 1901.

1345

56 & 57 Vict.

49. A vesting order under any of the preceding provisions Effect of vest- shall, in the case of a vesting order consequential on the ing order, appointment of a new trustee, have the same effect as if the c. 53, s. 32. persons who before the appointment were the trustees, if any, had duly executed all proper conveyances of the land for such estate as the court directs, or if there is no such person, or no such person of full capacity, then as if such person had existed and been of full capacity and had duly executed all proper conveyances of the land for such estate 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.

person to

50. In all cases where a vesting order can be made under Power to any of the preceding provisions, the court may, if it is more appoint convenient, appoint a person to convey the land or release convey. the contingent right, and a conveyance or release by that 56 & 57 Vict. person in conformity with the order shall have the same effect as an order under the appropriate provision.

51.—(1) In any of the following cases, namely,-

c. 53, s. 33.

Vesting order

as to stock

and chose in

(a) where the court appoints or has appointed a new trustee; and

(b) where a trustee entitled alone or jointly with another person to stock or to a chose in action-

(i) is an infant; or

(ii) is out of the jurisdiction of the court; or

(iii) cannot be found; or

(iv) refuses or neglects to transfer stock or receive the dividends or income thereof, or to sue for or recover a chose in action, according to the direction of the person absolutely entitled thereto, for twenty-eight days next after a request in writing has been made to him by the person so entitled; or

refuses or neglects to transfer stock or receive the dividends or income thereof, or to sue for or recover a chose in action, for twenty-eight days next after an order of the court for the purpose has been served on him; or

action. 56 & 57 Vict. c. 53, s. 35.

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TRUSTEES. No. 5 of 1901. 1345 56 & 57 Vict. 49. A vesting order under any of the preceding provisions Effect of vest- shall, in the case of a vesting order consequential on the ing order, appointment of a new trustee, have the same effect as if the c. 53, s. 32. persons who before the appointment were the trustees, if any, had duly executed all proper conveyances of the land for such estate as the court directs, or if there is no such person, or no such person of full capacity, then as if such person had existed and been of full capacity and had duly executed all proper conveyances of the land for such estate 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. person to 50. In all cases where a vesting order can be made under Power to any of the preceding provisions, the court may, if it is more appoint convenient, appoint a person to convey the land or release convey. the contingent right, and a conveyance or release by that 56 & 57 Vict. person in conformity with the order shall have the same effect as an order under the appropriate provision. 51.—(1) In any of the following cases, namely,- c. 53, s. 33. Vesting order as to stock and chose in (a) where the court appoints or has appointed a new trustee; and (b) where a trustee entitled alone or jointly with another person to stock or to a chose in action- (i) is an infant; or (ii) is out of the jurisdiction of the court; or (iii) cannot be found; or (iv) refuses or neglects to transfer stock or receive the dividends or income thereof, or to sue for or recover a chose in action, according to the direction of the person absolutely entitled thereto, for twenty-eight days next after a request in writing has been made to him by the person so entitled; or refuses or neglects to transfer stock or receive the dividends or income thereof, or to sue for or recover a chose in action, for twenty-eight days next after an order of the court for the purpose has been served on him; or action. 56 & 57 Vict. c. 53, s. 35.

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TRUSTEES. No. 5 of 1901. 1345 56 & 57 Vict. 49. A vesting order under any of the preceding provisions Effect of vest- shall, in the case of a vesting order consequential on the ing order, appointment of a new trustee, have the same effect as if the c. 53, s. 32. persons who before the appointment were the trustees, if any, had duly executed all proper conveyances of the land for such estate as the court directs, or if there is no such person, or no such person of full capacity, then as if such person had existed and been of full capacity and had duly executed all proper conveyances of the land for such estate 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. person to 50. In all cases where a vesting order can be made under Power to any of the preceding provisions, the court may, if it is more appoint convenient, appoint a person to convey the land or release convey. the contingent right, and a conveyance or release by that 56 & 57 Vict. person in conformity with the order shall have the same effect as an order under the appropriate provision. 51.—(1) In any of the following cases, namely,- c. 53, s. 33. Vesting order as to stock (a) where the court appoints or has appointed a new and chose in trustee; and (b) where a trustee entitled alone or jointly with another person to stock or to a chose in action- (i) is an infant; or (ii) is out of the jurisdiction of the court; or (iii) cannot be found; or (iv) refuses or neglects to transfer stock or receive the dividends or income thereof, or to sue for or recover a chose in action, according to the direction of the person absolutely entitled thereto, for twenty-eight days next after a request in writing has been made to him by the person so entitled; or refuses or neglects to transfer stock or receive the dividends or income thereof, or to sue for or recover a chose in action, for twenty-eight days next after an order of the court for the purpose has been served on him; or action. 56 & 57 Vict. c. 53, s. 35.

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