Dubbo Pastoral, Agricultural, and Horticultural Association Act of 1900 (NSW)

All Act to empower the trustees of certain lands at Dubbo, in the Colony of New South Wales, dedicated and granted for the use of the

Dubbo Pastoral, Agricultural, and Horti­

cultural Association to mortgage the said lands and to raise money on mortgage of the

said lands ; and for other purposes in con­

nection therewith. [7th November, 1900.]

W H E R E A S by notice in the Government Gazette of the twenty-three, portions three hundred and ten and two hundred and six, of fifteen eighth day of January, one thousand eight hundred and ninety-
acres and eight acres ten perches respectively, and by a further notice in the Government Gazette of the twenty-eighth day of duly, one thousand nine hundred, portions three hundred and six and three hundred and eight of six acres and ten acres three roods and thirty perches respectively, making a total area of forty acres, all situated in the county of Lincoln, parish of Dubbo, town of Dubbo, were dedicated by the Governor, with the advice of the Executive Council, for the use of the Dubbo Pastoral, Agricultural, and Horticultural Association: And whereas by notice in the Government Gazette of the twenty-eighth day of February, one thousand eight hundred and ninety-three, the
Governor, with the advice aforesaid, had been pleased to approve of the
appointment of certain persons therein mentioned as trustees of the said lands: And whereas it is expedient that the said trustees should have power to mortgage the said lands, and with the proceeds thereof pay off the liabilities incurred in effecting improvements thereon, and to effect other improvements thereon, as is hereinafter provided: Be it therefore enacted by the Queen's Most Excellent Majesty, by and with the advice and consent of the Legislative Council and Legislative Assembly of New South Wales, in Parliament assembled, and by the authority of the same, as follows:—

1. It shall be lawful for the trustees for the time being of the said lands, with the written consent of the then Secretary of Lands, from time to time to raise money on mortgage of the said lands, or any part thereof, and for that purpose to convey and transfer the same to the mortgagee, his heirs, executors, administrators, or assigns, freed and for ever discharged from any trust or dedication affecting the same, and the said lands so conveyed or transferred shall vest in the mortgagee, freed and discharged from any trust or dedication affecting the

the same as aforesaid, and the receipt in writ ing of the trustees shall, in the absence of fraud, be a sufficient discharge to a mortgagee of the said lands, or any portion thereof, and shall exonerate him from seeing to the application or nonapplication of the moneys paid or advanced by him from all l iabil i ty in respect of any misapplication or nonappli­ cation thereof.

2. The said trustees shall stand possessed of the moneys arising from any such mortgage, upon trust, to apply the same in payment and discharge of the present liabilities existing on the said lands, and, further, in the effecting of other improvements, and in the conduct and management of the affairs of the said association.

3. The Governor, with the advice of the Executive Council, shall, as to the removal and appointment of trustees of the said lands, and as to the making of rules and regulations for the proper control and management of the said lands, have all the powers conferred on him by section one hundred and six of the Crown Lands Act of 1884 in respect of the lands dedicated for the public purposes therein mentioned.

4. This Act may be cited as the " Dubbo Pastoral, Agricultural, and Horticultural Association Act of 1900."