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The Pamphlet Collection of Sir Robert Stout: Volume 7

Powers of Trustees

Powers of Trustees.

22. The Trustees shall have full power under the direction of the Board for the time being to sell and dispose of all property belonging to the Society, whether the then Trustees are the same whose names are inserted in the deeds and writings relating to such property or not. All receipts given by the Trustees for the time being shall be good and sufficient discharge to any purchaser or purchasers of any hereditaments and premises which shall be sold pursuant to the rules of the Society or otherwise howsoever; and any conveyance, assignment, or other assurance by the Trustees for the time being, of property vested in any former Trustee or Trustees, shall be sufficient both at law and in equity to transfer and vest the whole estate or interest of such former Trustee or Trustees therein as effectually as if the Trustee or Trustees for the time being were the parties to whom such security had been originally given.