Trustee.
[CAP. 29
of moneys.
4. Where it is deemed unnecessary to have the money, Investment or the dividends or interest of the shares, stock, or securities, invested in the meantime, the affidavit shall further contain a statement to that effect. But where the affidavit contains no such statement, the Official Trustee shall be at liberty to invest, as soon as conveniently may be, the money paid in or the dividends or interest on the shares, stock, or securities transferred, and all accumulations thereof, in or upon such investments and securities as the court may direct or approve, and every such investment shall be made in the matter of the particular trust: Provided that where at any time a request in writing, by or on behalf of any party claiming to be entitled, that such investment may be discontinued is left with the Official Trustee, he shall be at liberty to cease making any further investment in the matter of the particular trust until the court has made some order in that behalf.
payment,
5. The trustee, having made the payment, transfer, or Notice of deposit, shall forthwith give notice thereof to the several etc., to persons named in his affidavit as interested in or entitled trust. to the fund.
cestui que
relating to
6. Such persons, or any of them, or the trustee may Applications apply by petition, or, in a case where the fund does not fund. exceed two thousand dollars in value, by summons, respecting the investment, payment out, or distribution of the fund or of the dividends or interest thereof.
7. The trustee shall be served with notice of any application made to the court or in chambers respecting the fund, or the dividends or interest thereof, by any person interested therein or entitled thereto.
8. The persons interested in or entitled to the fund shall be served with notice of any application made by the trustee to the court or in chambers respecting the fund or the dividends or interest thereof.
9. No petition shall be set down to be heard, and no summons shall be sealed, until the petitioner or applicant has first named in his petition or summons a place where he may be served with any petition or summons or notice of any proceeding or order of the court relating to the fund.
525-
Notice to application que trust.
trustee of
by cestui
Notice to trust of by trustee.
cestui que
application
Place for applicant.
service on
Trustee.
[CAP. 29
of moneys.
4. Where it is deemed unnecessary to have the money, Investment or the dividends or interest of the shares, stock, or securities, invested in the meantime, the affidavit shall further contain a statement to that effect. But where the affidavit contains no such statement, the Official Trustee shall be at liberty to invest, as soon as conveniently may be, the money paid in or the dividends or interest on the shares, stock, or securities transferred, and all accumulations thereof, in or upon such investments and securities as the court may direct or approve, and every such investment shall be made in the matter of the particular trust: Provided that where at any time a request in writing, by or on behalf of any party claiming to be entitled, that such investment may be discontinued is left with the Official Trustee, he shall be at liberty to cease making any further investment in the matter of the particular trust until the court has made some order in that behalf.
payment,
5. The trustee, having made the payment, transfer, or Notice of deposit, shall forthwith give notice thereof to the several etc., to persons named in his affidavit as interested in or entitled trust. to the fund.
cestui que
relating to
6. Such persons, or any of them, or the trustee may Applications apply by petition, or, in a case where the fund does not fund. exceed two thousand dollars in value, by summons, respect- ing the investment, payment out, or distribution of the fund or of the dividends or interest thereof.
7. The trustee shall be served with notice of any appli- cation made to the court or in chambers respecting the fund, or the dividends or interest thereof, by any person interested therein or entitled thereto.
8. The persons interested in or entitled to the fund shall be served with notice of any application made by the trustee to the court or in chambers respecting the fund or the dividends or interest thereof.
9. No petition shall be set down to be heard, and no summons shall be sealed, until the petitioner or applicant has first named in his petition or summons a place where he may be served with any petition or summons or notice of any proceeding or order of the court relating to the fund.
525-
Notice to application que trust.
trustee of
by cestui
Notice to trust of by trustee.
cestui que
application
Place for applicant.
service on
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