Herald of the times. [volume] (Newport, R.I.) 1830-1846, 1840-05-21
QUESTIONABLE Fancy Satin, Flo
IL reDtinc, Mohair, Chala and Mar
seilles EESTINGS, Just opened nt
l. GOULD s. SO.VS,
/ an 30. l76, Thames-st.

! up ~. 40, IndHcS-S.
AN ACT for the vc,ter regulation OF lTust
estates and tor other purposes.
II B- i endcied by The General assembly as
| foLiors:
Section |. Upon the death, resignation, or
removal OF any trustee aprslnied by last will
and Testament or decd or other".ss, or upon
| such trustees declining to act. II no adequate
provision Is made by the instrument crea'iag
the trust for appointing trustee and making
/ the conveyances which are necessary by Law,
the Supreme Judicial Court upon application
by petition or bill Of equity and reasonable
notice To all persons Interested, may appoint
n new trustee or trustees, who shall hay" and
/ exercise the same powers, rights and duties
as the trustee originally appointed would
| have and all the right, title aud interest o
! the former trustee ~ aud To the trust estate
| shall by virtue ot the decree of SAID Court
! ami of this act. vest ~ the trustee or trustees
| appointed by said Court without any manner
! of conveyance whatever; aud until such de-
cree is made and lodged To be recorded NJ
provided IN the second section Of tins act,
such interest. estate and trust shall be deem
ed TO be vested III the supreme Judicial Court
as court Of equity: Provided however, that
the Court may order sucI, convcyanccs 10 be
made, i: they deem II nee eccssary.
Sec. = In all such cases 1t shall be the
duty of the new trustee To lodge copy Of
the decree for his appointment IN the ottice
Of the Town Clerk of the town where the es-
tate is situated, within sixty days from the
time of the appointment
Sec. 3. No trustee hereafter appointed
shall have power to convey or dispose of his
interest IN any trust property except under
the direction of the Supreme Judicial Court,
unless authorized so to do 10y the instrument
creating the trust. Every conveyance made
contrary To llic provision. Of this section shall
be void.
/ Sec. 1. Nothing in this act contained shall
be so construed to abrIdgc any powers over
trusts and trust estates heretofore vested ~
he Supreme JudIcIsl Court.
| Sec. ). Any trustee upon petition may be
allowed by SAID Court To resign his trust
whenever they deem 1t proper.
| Sec. q. Any Justice OF the Supreme Iu-
! diclal Court N vacation may make any order
or decree (exccp,Ing final decree) IN any
matter pending before sand Court ~ equity
| or under this net, which said Court nshl
! make II in session, winch order or decree
! shall continue IN force until reversed or al
! tered by said Court.
| Sec z. No stock or shares IN any bank
! bridge, turnpike or Insurance corporation
| chartered by tins State, owned by any mar
| RED woman, shall be conveyed or transferred
except by instrument signed, sealed aud ac-
iknowledgcd IN the same manner as Is rcqur'
ed for conveying real estate owned by u
married woman. But the husband may re
celve the income thereof during hIs llfe, and
on his dccease the Same shall survive and
belong to the wife, or 10 such persons as che
by any instrument executed by her IN her
llie time, IN the manner required by the last
will and testament, shall have appointed, aud
in default of such appointment, to her iegaI
representatives. according TO the mode ol
distribution directed IN The first aud second
sections Of IAN act directing the descent OF
Intestate estates, and the settlement thereof
aud for other purposes therein mentioned
contained III the digest of lo22. Provided
f, that the provisions OF thus section shall not
go into fleet until the lst day OF May, A.
| ID. 1910.
4 Sec. 8. Any household goods or furniture
i which any woman hereafter married may own
at the time at her marriage, or which nay De
I given or bcqueathed 10 any woman now or
hereatie married after marriage, shall continue
To be her vested property, OF which she shall
not De uINtsltu uN pby NV w ''"S''y w
Il husband, bat shall not be sold or gwen away
by her during their JOINT lives without hls
consent. Aud on the dcccasc OF the wife
such property shall descend and belong To
such persons as she by any instrument, exc
cutcd by her ia her hie time, III the manner
required Tor last will and testament shall
direct or to whomsoeYer she may bcqueath
the same, and III Ge!.oit thereof II shall go 10
lthe husband II he survives the wife, but u the
husband shall not survive II shall be dis,ribu-
ted among those who would be entitled there
to according to the first and second sections
ot the before mentloncd act Provided, that
within n reasonable time from such marriage
glit OF hegues, or schedule Of such property
shall be recorded III the office of the Town
Clerk OF The town where such persons reside.
Sec. .. so much OF the thirteenth section
OF the before mentioned act as is inconsistent
herewith ~ hereby repealed.
Sec. 10. The Supreme Judicial Court ma!
hear and determine ~ equity all questions
concerning the relative rights and property
of married persons, aud concerning the sct
Element oi the estate ot any married woman
whose husband shall survive her.
April 2.-3w.