The Lambertville record. [volume] (Lambertville, N.J.) 1872-1968, 1894-07-11
CHAPTER ccxc1rr.

An Act to amend an act entitled "A supple
ment to an act entitled An act relative tc
guardians and minors tRevisionl approved
March twenty-seventh, one Thousand eight
hundred and seventy-four," which supple
ment was approved April twenty-elght one
thousand eight hundred and eighty-six
1. Be it enacted by the Senate and General
Assembly of the State of New Jersey, That
section one of an act entitled "a supplement
to an act entitled An act relative to guard
ians and minors LRevisiOnl approved March
twenty seventh, one thousand eight hundred
and seventy-four," which supplement was
approved April twenty-eight one Thousand
eight hundred and eighty-six, be and the said
section Is hereby amended to read as follows
l. Be II enacted by the Senate and General
Assembly of the State of New Jersey, That
when Ii shall be made to appear TO the chan
cellor, upon the application of the guardian
of q minor or minors, lunatfc, insane or rec
ble-minded person or persons, that the iand
of such minor or minors lunatics, insane or
feeble-minded person or persons is occupied
in whole or part by old, insecure or dilapid
ated buildings, or building or buildings,
come proportionate with the value of the
land, and that 1t would be to the advantage
of the estate of such minor or minors, luna
tic, insane or feeble minded persons that
new building or buildings should be erected
on said land or that additions should be made
to said building, or that any guardian atore
said has caused to be erected any building
or buildings upon any land of a minor OF
minors. lunatic, insane or feeble minded
persons which is an advantage to the es
|
lawful for the chancellor to order and direct
that the guardian of such minor or minors. lu-
natic insane or feebe-minded persons be au-
thorized to enter into u contract or contracts
for the erection of such building or buildings
as may be deemed advisable by the chancellor
(where such building has not been erected as
aforesaid), and to pay for the same from the
proceeds of sale of securities belonging TO the
estate of such minor or minors, lunatic, IN
sane or Predetermined persons; but in case II
should be deemed more advantageous TO the
estate of the minor or minors, lunatic, insane
or feeble-minded persons not to dispose OF
such securities, then 1t shall be lawful for the
chancellor to order and direct that the guar
dian borrow, ON bond secured by mortgage on
the lands of such minor or minors, lunatic, In
sane or feeble minded persons, such sum Oh
sums of money as shall be sufficient in amount
TO pay for the erection and completion of said
building or buildings upon such terms as he
may determine; and where such building has
been erected by such guardian as aforesaid be.
fore the making of said application, it = shall
be lawful for the chancellor to order and di-
rect that the guardian borrow, on bond Sc
cured by mortgage on the land of such minoi
| or minors, lunatic, insane or feeble-minded
persons on which said building has been
erected, such sum or sums of money as shall bs
sufficient in amount to pay for having erected
the same, upon such terms as he may deter
mine.
2. And be it enacted That this act shall take
effect Immediately.
Approved May II, 1894.