|
|
Mode of investment of trust funds.
Non-liability of trustees, save for wilful default.
|
12. The trustees may from time to time invest the said commutation fund, and all other moneys that shall come to their hands under the provisions contained for the said church, in any of the public stocks or funds or government securities of the United Kingdom or India, or any colony or dependency of the United Kingdom, or upon mortgage of real securities in England, Wales, or Ireland, or in any other securities whatever which the said general assembly of the said church shall from time to time appoint; and no trustee shall be liable for any loss occasioned by the depreciation or failure of any such investment or otherwise, save by his own wilful default; and the trustees from time to time, at their discretion, may vary or transpose such stocks, funds, and securities into or for others of the same or a like nature.
|
