An Act to remove Doubts as to the Power of Trustees, Executors, and Administrators to invest Trust Funds in certain Securities, and to declare and amend the Law relating to such Investments.
WHEREAS by an Act passed in the Session holden in the Twenty-second and Twenty-third Years of Her present Majesty, Chapter Thirty-five, "to further amend the Law of Property, and to relieve Trustees," it is enacted, that "when a Trustee, Executor, or Administrator shall not by some Instruments creating his Trust be expressly forbidden to invest any Trust Fund on Real Securities in any Part of the United Kingdom, or on the Stock of the Bank of England or Ireland, or on East India Stock, it sha...