money,

and

Strict

(Full Form.)

same into money, and place it out in the funds, or on

government or England.

real securities

or administrators of such survivor, do and shall WILLS. with all convenient speed, collect and get in such part thereof as shall consist of money, or securities Limitations. for money (save only bank annuities), and do and shall convert into money such part thereof as shall To convert the not consist of money, or securities for lay out and invest the same, and every part thereof, in their or his own names or name, in the parliamentary stocks or funds of Great Britain, or on real or government securities in England, at interest; and do and shall stand and be possessed of, and interested in all such stocks, funds, or securities, upon the several trusts, and to and for the several ends, intents, and purposes, and with, under, and subject to the several powers and provisos hereinafter declared or expressed concerning the same, that is to say, upon trust, &c.

Proviso declaring that a Sum given to a Legatee shall be in satisfaction of a Bond.

PROVIDED, and my will is, and I do hereby expressly declare, that the said sum of £

here

inbefore given and directed to be laid out for the
benefit of the children of my said daughter
by the said her present husband, is by me
meant and intended, and shall accordingly be
considered and be accepted, and taken, as and in
lieu and full satisfaction and recompense of the
sum of £
which by a bond executed by
me previous to the marriage of my said daughter

WILLS.

Strict Limitations.

(Full Form.)

If legatee claim upon the bond,

legacy to be void.

with her said husband, I have secured to be paid
for the benefit of such children. And therefore
my will further is, and I do hereby accordingly
direct and declare, that in case any claim or de-
mand shall be made, and any proceedings at law
or in equity shall be commenced or instituted
upon or in respect of the said bond, or the said
sum of £
thereby secured, or any part
thereof, or any interest to arise therefrom, my
said executors and trustees, or the trustees or
trustee for the time being, shall forthwith apply
to the high court of Chancery for redress against
such claim and demand, or adopt such proceed-
ings as they shall be advised to pursue by their
counsel for resisting the same; and the expenses
of obtaining which opinion of counsel, and of such
application to the said court, and of all such other
proceedings as shall be advised and adopted as
necessary to resist such claim, I do hereby em-
power and direct my said executors and trustees,
to pay and discharge out of my residuary personal
estate. AND my will further is, and I do hereby
expressly order, that in case any person or per-
sons, for whom or for whose benefit a provision is
hereby made, or intended to be made, shall make
or prosecute any claim or demand for or in re-
spect of the said bond, or the said sum of £
or any part thereof, then and from thenceforth
such person or persons shall be utterly excluded
and debarred from all benefit or provision under
or by virtue of this my will, or of the dispositions
therein contained.

Declaration of Trust of Stock for Son for Life, and

then to his Children.

WILLS.

Strict Limitations. (Full Form.)

son to receive

for life, and

to go according

ment among

children.

AND as touching such stocks, funds, and se- Trusts of stock. curities as shall have been so purchased as aforesaid, I will and declare that the said trustees thereof for the time being, do and shall stand possessed of, and interested in, the same, upon the trusts following, that is to say, upon trust that they or he do and shall pay unto, or em- To permit the power my said son, (if living) or his assigns to the dividends receive the dividends or interest thereof during after his death his natural life, and from and immediately after to his appointhis decease (or in his lifetime, if he shall so direct, his younger by any such deed or writing as hereinafter is mentioned), do and shall pay or transfer such stocks, funds, or securities unto such one child, or to and amongst such two or more of the children of my said son (other than and except an eldest or only son for the time being) at such age or time, and if more than one, at such ages or times, in such shares and proportions, and in such manner and form as my said son by any deed, &c. shall direct or appoint; and in default of such direction or appointment, then the same shall become vested in such two or more of the children of my said son (other than and besides such eldest or only son) as shall attain the age of twenty-one years, in equal shares, but if there shall be no more than one such child (other than and besides such eldest or only son) who shall attain such age, then one

VOL. VII.

3 H

WILLS.

Strict

my

moiety only thereof shall vest in such child, and the other moiety shall be considered as having Limitations. vested in (Full Form.) my said son, and be paid or transferred accordingly to his executors, administrators, or assigns; and in case there shall be no child of said son (other than, &c.) who shall attain the said age, then the whole of such stocks, funds, or securities shall be considered as having vested in my said son, and be paid or transferred accordingly to his executors, administrators, or assigns.

Trustees empowered to apply sums in repairing, &c.

Power for Trustees to expend a Sum in repairing
Premises.

PROVIDED, and my will further is, that it shall be lawful for the said trustees or trustee for the time being, at the discretion of them or him my said trustees or trustee, to apply so much of the rents, issues, and profits of the premises comprised in the term, as to them or him shall seem expedient, in or for the purposes of repairing or rebuilding any of the messuages or buildings upon the said farm and lands, or improving the same, or any of them, and also to fell, cut down, and dispose of any of the timber or trees growing or being thereupon, for all or any of the last-mentioned purposes.

Devise of Premises to Trustees for a Term to raise

Money for Payment of Debt.

AND as to and concerning my said lands and hereditaments at I give and devise the same, with their respective appurtenances, unto and to the use of them the said (trustees) their executors, administrators, and assigns, for and during the term of five hundred years, to be computed from the day of my decease, and from thence next ensuing, and fully to be complete and ended, without impeachment of waste; but nevertheless upon and for the trusts, intents, and purposes hereinafter expressed and declared concerning the same term, and as, from, and immediately after the determination of the said term of five hundred years, and in the meantime subject thereunto and to the trusts thereof, unto and to the use of, &c. AND as to, for, and concerning the said term of five hundred years hereinbefore limited to the said (trustees) as aforesaid, I will and declare that they the said (trustees) their executors, administrators, and assigns, do and shall stand and be possessed of the messuages, lands, and hereditaments comprised therein, upon the trusts following, that is to say, upon trust that they the said trustees or trustee for the time being, do and shall with and out of the respective rents, issues, and profits of the said hereditaments and premises therein comprised, or by mortgage or sale of a competent part of the same premises for all or any part of the said

WILLS.

Strict Limitations. (Full Form.)

A term of five

hundred years

created to make

up deficiency of if any.

personal estate,