About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

An Act to authorize the sale of the estates of infants and femes covert 1850 vol. I 391 (1850)

handle is hein.slavery/ssactsky0670 and id is 1 raw text is: LAWS OF KENTUCKY. • CHAPTER 701. 1851. AN ACT to authorize the sale of the estates of infants andfemes covert. - § 1. Be it enacted ly the General Assembly of the Common- wealth of Kentucky, That it shall be lawul for the circuit Petition may court to order or decree the sale of the real estate and slaves be filed. of infants and femes covert, or of any interest they may- have therein, whether it be a present or future interest, or in whatever manner derived, if it shall appear to said court proper to do so, upon the application of the guardian or next friend of an infant, or the husband or next friend of a feme covert, by petition sworn to, setting forth the estate or interest of which the sale is desired, and that a sale of the same would redound to the interest of such infant or feme covert: Provided, That no sale of the estate of afeme covert shall be made, unless she shall file an answer to the peti- tion of her husband or next friend, consenting to said sale, and shall acknowledge the same on privy examination be- fore said court. The court may authorize and require the Proceeds of investment of the proceeds of said sale, either in or out of sale how to be this state, in such manner as shall appear to the court to be invested. safe and profitable, and most to the interest of said infant or~feme covert. Before the money arising from such sale is paid over to the guardian or next friend of an infant, or Bondtobeex- husband or next friend of afeme covert, the court shall re- ecuted. quire bond, with good security, in at least double the amount to be secured, for the faithful performance of the orders and decrees of said court. All persons having an interest Who to be in said estate, or its sale, shall be made parties to the peti- made parties to tion; and when the estate has been devised by will, or con- petition. veyed by deed of trust, the donor, if living, and the trustee, if any, shall be made parties to the petition. The court shall make all orders necessary to the proper making of said sale, and the conveyance to the purchaser of the title to the estate, sold under the provisions of this act; and, to that end, may appoint one or more commissioners for such purpose. § 2. That it shall be lawful for the circuit court, upon the court may de- cree sal.e 0 f petition of an executor or administrator of any estate, to r15ve.e decree a sale of any slave or slaves, belonging to the es- tate of which the petitioner is executor or administrator, as are ungovernable, of a vicious character, or in danger of running away, if the'court should be of opinion, from the proof in the cause, that such sale would redound to the interest of said estate ; and the money arising from any such sale shall be paid to and distributed by said executor or administrator as other estate of the decedent in his bands: Provided, that before a sale is ordered under the provisions of this section, the court shall require the exe- cutor or administrator to execute bond, with good security, and in adequate penalty, conditioned for the faithful distri- bution of the money arising from said sale according to law.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most