|
|
The sums payable to bodies corporate, &c. shall be paid to the persons they nominate to receive the same.
|
X. And be it further enacted by the authority aforesaid, That the principal money arising from the sale of any ferry or ferries which shall be purchased for the purposes contained in this act, from any body corporate or collegiate, corporation aggregate or sole, feoffees in trust, guardians, committees, or other trustees, or from any feme covert, shall be paid to such person or persons as they shall respectively nominate to receive the same in trust, with all convenient speed, then afterwards to be re-invested in the purchase of any messuages, lands, tenements, and hereditaments, to be conveyed and settled to and upon, and subject to the like uses, trusts, limitations, remainders, and contingencies as the ferry or ferries which shall be purchased from them respectively by the said commissioners as aforesaid, were respectively settled, limited, or assured to or upon at the time of such the purchasing of the same, or so many thereof, as at the time of making such conveyances and settlements should be existing and capable of taking effect.
|
