Sir Dinshaw Manockjee Petit Act, 1893
Bare Act · 1893
An Act for settling Bonds of the Municipal Corporation of the City of Bombay producing an annual income of one lakh and twenty five thousand rupees and a Mansion-house and hereditaments called Petit Hall in the Island of Bombay, the property of Sir Dinshaw Manockjee Petit, Baronet, so as to accompany and support the title and dignity of a Baronet lately conferred by Her Present Majesty Queen Victoria on him for and during the term of his natural life, and from and immediately after his decease to hold to his second son, Framjee Dinshaw Petit, Esquire, and the heirs male of his body lawfully begotten, and in default of such issue with remainder to the heirs male of the body of the said Sir Dinshaw Manockjee Petit, and for other purposes connected therewith.
- Act number
- 6 of 1893
- Enacted
- 9 March 1893
- Contents
- 19 sections
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Contents
- Section 1 – Incorporation of Trustee
- Section 2 – Heirs of Sir Dinshaw Manockjee Petit to take his name
- Section 3 – Vesting and application of income of settled property
- Section 4 – Application of income during minority
- Section 5 – Mansion-house limited to the use of the Baronet for the time being
- Section 6 – Devolution of interest where beneficiary refuses, neglects or discontinues to use the names Dinshaw Manockjee Petit (preview)
- Section 7 – Power to charge settled property for jointure of widow (preview)
- Section 8 – Limitation to amount of jointure (preview)
- Section 9 – Exclusion of wives from interest in Mansion-house (preview)
- Section 10 – Limitation of transfers to life of transferor (preview)
- Section 11 – Addition of stocks, funds or securities to settled property (preview)
- Section 12 – Insurance of Mansion-house, and application of money received in respect of insurance (preview)
- Section 13 – Mansion-house and other hereditaments to be kept in repair (preview)
- Section 14 – Power of Corporation to sell or exchange Mansion-house or other hereditaments (preview)
- Section 15 – Powers of Corporation in respect of such sale or exchange (preview)
- Section 16 – Investment of moneys received on such sale or exchange (preview)
- Section 17 – Investments and lands resulting from such sale or exchange to be held on trusts declared by this Act (preview)
- Section 18 – Reimbursement of expenses of Corporation (preview)
- Section 19 – Saving existing rights (preview)