An Act to enable the Trus tees of certain L a n d a t P ocky Point to lease mor tgage or sell t he same and to provide for t he application of the moneys so obtained and for o ther purposes. [17th August, 1886.]
| WH E R E A S by a | e igh ty cer ta in lauds and hered i taments s i tuated a t R o c k y Po in t near |
| cer tain | m e m o r a n d u m | of | t ransfer | bear ing | date |
| t h e twenty-f i f th | day of J u n e one thousand e ight h u n d r e d | and |
Sydney in t he Colony of N e w South Wales and fully described in t he said m e m o r a n d u m and t h e declarat ion of t rus t s hereinaf ter recited and
| the Schedule here to annexed were vested by J o h n | Robe r t | Enn i s t h e n |
of R o c k y Poin t aforesaid b u t now of Queens land in Charles S t u a r t Cansdel l t he younger of Sydney civil engineer and R i c h a r d Lacy of K o g a r a h Esqu i re A n d whereas t h e object of such transfer was
| t h e m a k i n g of a provision for Jess ie M a r y Enn i s t h e wife | of | t he | said |
J o h n R o b e r t E n n i s and the i r chi ldren A n d whereas by a declarat ion of t he t rus t s of t he said land a n d hered i taments as witnessed by a cer ta in ins t rumen t bear ing date t he twenty-fif th day of J u n e one thousand e ight hund red a n d e ighty and made be tween t h e said Charles S t u a r t Cansdell and Richard Lacy there in styled the said Trus tees of t h e first pa r t t h e said J o h n Rober t Enn i s of t h e second pa r t t h e said Jessie
| M a r y | E n n i s | of | t he th i rd pa r t | and | George Freder ick J o h n E n n i s | He lena |
| Alice E n n i s A m y | Mary | Enn i s I d a Robe r t a | Enn i s | and | R o b e r t | Joseph |
| Stanley | E n n i s | chi ldren 'of | t he | said J o h n | R o b e r t E n n i s | and | Jessie | M a r y |
| E n n i s of t h e four th | pa r t | They the | said Trustees w i th t h e pr ivi ty | a n d |
consent of t he said J o h n R o b e r t E n n i s the reby covenanted declared and agreed wi th and to t h e said Jessie M a r y E n n i s a n d also separately w i th and to t h e said chi ldren t h a t t hey the said Trus tees should and would s tand possessed of t he said lands and hered i taments be ing al l t h a t parcel of land con ta in ing by a d m e a s u r e m e n t fifty acres more or less
| s i tuate a t Rocky Poin t in t h e parish of Saint George in t h e coun ty | of |
| Cumber l and in t h e said Colony being por t ion | th i r ty - two del ineated | in |
| t he publ ic m a p of t he said par i sh deposited in the office of t he | Surveyor- |
| Genera l wi th the appur t enances upon t rus t to pe rmi t | and | suffer | t h e |
| said Jess ie M a r y E n n i s to | occupy | and reside thereon or a t he r op t ion |
to receive t h e r en t s issues and profits thereof to and for he r sole and separate use for he r life free from t h e debts control or engagemen t s of t he said J o h n R o b e r t E n n i s or of any he r fu tu re h u s b a n d b u t wi th out power of al ienat ion d u r i n g cover tu re A n d upon the dea th of t h e said Jessie M a r y Enn i s to set apar t t e n acres of the said land conveni en t ly enjoyable wi th t h e dwell ing-house the reon erected and thence
| forth | dur ing t h e minor i ty of any son of t he said J o h n R o b e r t | Ennis and |
Jessie M a r y E n n i s or whi le any daugh te r of the i rs shall r e m a i n u n m a r r i e d to pe rmi t and suffer t h e said t en acres of land Avith tho said dwel l ing-house to be occupied as t he h o m e of t h e said child or chi ldren u n d e r twen ty -one years of age and of t h e said d a u g h t e r or
| daugh te r s unmar r i ed | A n d upon the a t t a in ing major i ty | of any son | or |
t h e mar r i age of any daugh te r whichever m a y first h a p p e n to divide t h e residue of t h e said land into as m a n y lots or port ions as the re shal l be ch i ldren of t he said J o h n R o b e r t E n n i s and Jessie M a r y E n n i s l iv ing Such port ions to be as nea r ly equal in ex ten t as t he said Trus tees can allot t he same and to cause lots to be d r a w n by for and on behalf of all t h e said chi ldren and to t ransfer t h e port ions represented by t h e lot d rawn by any son a t t a in ing twenty-one years
| or by any d a u g h t e r | a t t a in ing | t h a t | age or m a r r y i n g | in | the | following |
m a n n e r t h a t is to say t h e share of a son to h i m for his own use and benefit and the share of a daugh te r to two or more Trus tees to be approved of by t h e said Trustees for t he separate use of such d a u g h t e r wi th t he l ike provision in favour of each succeeding son a t t a in ing major i ty and of each succeeding daugh te r a t t a in ing major i ty or
| m a r r y i n g | A n d upon t ru s t when and so soon as | t h e | younges t | son of |
| t h e | said | J o h n | Robe r t | E n n i s | and | Jessie | M a r y | E n n i s | shall | a t t a in |
| twenty-one years of age and t h e last r ema in ing | d a u g h t e r | shal l | m a r r y |
| or depar t t h i s life to m a k e sale and absolutely dispose of t he | said | t en |
| acres of land and dwell ing-house by publ ic auc t ion and to divide and |
| pay t h e clear proceeds of sale a m o n g | a n d to al l t h e | chi ldren | of | t h e |
| said J o h n | R o b e r t | Enn i s and Jessie M a r y | E n n i s | t h e n | l iv ing | a n d | t h e |
issue of such of t h e m as shal l have departed th i s life leaving lawful issue t h e n l iv ing in equal shares and propor t ions according to t h e roots b u t t h e shares of daugh te r s to be for the i r separate use A n d provid ing a lways t h a t in case a t any t ime before t he t rus t s thereinbefore declared shall requi re a sale of t he said t e n acres of land a n d dwell ing- house it shall be found inconvenient for t he said Jessie M a r y E n n i s to occupy or reside the reon or after he r decease i t shall be found inconvenient or undesi rable for the chi ldren to occupy the same as a house the said Trus tees shal l be a t l iber ty to demise and lease al l or a n y p a r t of t he land in respect of which the t rus t s a re b y t h e said
| declarat ion of t rus t s declared a n d t h a t from t ime | to t ime | as | m a y | be |
convenient for such te rm or t e rms not exceeding t h e t ime a t which t h e younges t child would a t t a in twenty-one years of age as they shall t h i n k fit a t t he best r e n t or r en t s t h a t can be convenient ly obtained for
| t h e same wi thout t a k i n g any p r e m i u m and | so | t h a t | t he r e | be | reserved |
in
i n every such lease a proviso for re-entry on non -paymen t of ren t or b reach of covenants and providing t h a t t h e lessees shall execute counter
| par t s and shall thereby covenant | for p a y m e n t of the ren t s and shall |
no t be dispunishable for was te A n d providing fu r ther t h a t dur ing such t ime as the said Jessie M a r y E n n i s shall occupy the said premises she shall be bound to ma in t a in the bui ldings and fences in good tenan tab le repair saving accidents by fire or tempest and to insure t h e said bui ld ings against lire to the i r reasonable insurable va lue in t he n a m e of the said Trustees and from t ime to t ime to lodge the policy or policies and receipts for renewals wi th t h e m A n d providing fur ther t h a t in case t he premises shall a t any t ime he demised in pur suance of the provision in t h a t behalf in the said declarat ion of t rus t s contained and thereinbefore set forth t h e rents shall subject to the charges of repairs and insurance be paid du r ing the life of the said Jessie M a r y E n n i s to he r and after her decease be applied by the said Trus tees in or towards t he ma in tenance of all the chi ldren of the said J o h n I lober t Enn i s and Jessie M a r y E n n i s then under age and of such daugh te r s of the said J o h n Robert E n n i s and Jessie M a r y Enn i s as shall be t hen unmarr ied A n d whereas since t he ves t ing of the said land and hered i taments in t he said Trustees and t h e execut ion of t he said declarat ion of t rus t s in respect thereof t he said J o h n Robert Enn i s has been obliged from i l l -heal th to give u p his employmen t as Chief Clerk in the Sheriff's D e p a r t m e n t of t he Sup reme Cour t of New South Wales and has since chiefly resided in Queens land and has t he r e entered in to t h e business of a cat t le-grazier A n d whereas such business is no t a t present sufficiently product ive to enable h i m to m a k e due provision for the ma in t enance of his said wife and the ma in t enance educat ion and advancemen t in life of the i r chi ldren A n d whereas no provision was made in t h e said recited declaration of t he t rus t s of t h e said land and heredi taments for t he ma in t enance of the said Jessie M a r y E n n i s nor for the ma in tenance educat ion and advance m e n t of t h e said chi ldren o ther t h a n by enabl ing the said Trus tees to demise t he said lands and hered i taments for the t e r m of t he life of the said Jess ie M a r y E n n i s and for such t e r m or te rms thereaf ter not exceeding the t ime a t which t h e youngest of t he said chi ldren shal l a t t a in twenty-one years of age A n d whereas t he ren ta l wh ich could bo obtained by a demise of t he said land and hered i taments a t t he present t ime would be insufficient for t he suppor t of the said Jessie M a r y E n n i s and the suppor t educat ion and advancement of t h e said
| chi ldren | A n d whereas it is desirable t h a t the | said Trus tees should be |
authorized to m a k e be t te r provision for t he suppor t of the said Jessie Mary E n n i s and the suppor t educat ion and advancemen t of al l t h e
| chi ldren of t h e said J o h n Robert Enn i s and Jessie M a r y E n n i s whe the r |
born before or after the date of the said declarat ion of t rus ts t h a n can be effected unde r t h e powers for those purposes given b y such t rus ts A n d whereas i t is also desirable t h a t the said Trustees should he author ized to advance moneys to t h e said J o h n Robert E n n i s A n d whereas i t is expedien t for these purposes t h a t t h e said Trustees should be empowered to raise money by a mor tgage or mor tgages or a sale or sales or pa r t ly by a m o r t g a g e or mor tgages and pa r t l y b y a sale or
| sales of t h e said laud and hered i taments at R o c k y Po in t or of | some |
| pa r t or pa r t s of the same | A n d whereas t h e said objects cannot | be |
| effected wi thou t an A c t of the Legis la ture | Be it therefore enacted by |
| the Queen ' s Mos t | Exce l l en t Majes ty b y and wi th | t h e advice | and |
| consent of t h e Legis la t ive Council and Legislat ive | Assembly of | N e w |
| South W a l e s in Pa r l i amen t | assembled a n d by the au thor i ty of t he | same |
| as follows :—• |
1. I t shall be lawful for t h e said Charles S tua r t Cansdell t he
younge r civil engineer and Richard Lacy or o ther t he Trustees for
t h e t i m e be ing of t h e said declarat ion of t h e t rus t s of t h e said land
| and he red i t ament s | s i tua ted a t R o c k y Po in t | aforesaid | hea r ing date | the |
| twenty-f i f th | day | of | J u n e one | thousand e igh t h u n d r e d and | e ighty |
| hereinafter | called | t h e | said | Trus tees no twi ths t and ing a n y t h i n g | to | the |
con t r a ry in t h e said reci ted declara t ion of t rus t s contained a t any t ime after t h e pass ing of th i s A c t to set apa r t t en acres of t h e said l and convenient ly enjoyable w i th t h e said dwel l ing-house the reon erected and from t ime to t ime to borrow and raise a t in teres t any s u m or sums of money which they in the i r absolute discretion shall deem expedien t u p o n a m o r t g a g e or mor tgages of t h e said res idue of t he said l and which shall r emain after se t t ing apa r t t en acres of t h e same w h i c h said res idue is here inaf ter described as t h e said residue of t h e said land A n d if t h e money which can be raised on such said res idue of t h e said l and shall in t h e opinion of t h e said Trus tees be insuf ficient for t he purposes for which it shall be requi red t h e n wi th t he consent of the said Jessie M a r y E n n i s to set apar t out of t h e said t en acres two or more acres thereof upon which the said dwell ing-house shall be s t and ing and convenient ly enjoyable t he rewi th and to borrow
| and raise a t in teres t | such fu r the r | s u m or sums of money as t h e y in |
| the i r absolu te discret ion shall deem expedient u p o n a separa te mor t gage or separate mor tga ges of t h e residue of t h e said t en acres which shal l r ema in after se t t ing apa r t two or more acres thereof w h i c h said residue is here inaf ter described as t h e said residue of t he said t en acres A n d if t he money which can be raised on mor tgage of t h e said res idue of t he said l and and t h e said residue of t h e said t e n acres shall be in t h e opinion of t h e said Trus tees insufficient for t h e pur poses for which it shall be requi red t h e n wi th t h e consent of t h e said Jessie M a r y E n n i s to borrow and raise a t in teres t such fu r the r s u m or sums of money as t hey in the i r absolute discret ion shall deem expedient upon a separa te m o r t g a g e or separate mor tgages of t h e said dwel l ing-house and the said two or more acres of t h e said t en acres wh ich shall have been set aside unde r t h e power by th is section given as convenient ly enjoyable the rewi th wh ich said dwel l ing-house and two or more acres of land are hereinaf ter described as t he said dwell ing- house w i t h power to p a y off any such mor tgage or mor tgages and to re-borrow any s u m or sums the reby secured or any less sum or sums a n d to execute any such mor tgage or mor tgages w i t h or wi thou t power of sale of t he said land and t h e said dwell ing-house or of any pa r t or pa r t s of t h e said l and for secur ing p a y m e n t of t he s u m or sums so borrowed and to give effectual receipts and discharges for t he moneys so advanced b y any mor tgagee and to do all such other acts as m a y be necessary or expedien t for t h e purpose of effectuating such m o r t g a g e | or mor tgages | Provided t h a t no mor tgagee advancing money u p o n | the |
securi ty of any m o r t g a g e pu rpo r t i ng to be m a d e unde r t he power in th is section conferred shall be bound to inqu i re whe the r such money is requi red for t he purposes aforesaid or be in any way concerned to see to t h e appl icat ion of such money w h e n so advanced or be l iable for t he
| loss non-appl ica t ion or mis-appl icat ion | thereof. |
| 2. I t | shal l be lawful | for t h e | said Trus tees | no twi ths t and ing |
| a n y t h i n g to the cont rary in t he | said | reci ted | declarat ion | of | t rus t s |
contained a t any t i m e after t h e m o r t g a g e of t he said residue of t h e said l and and of t he said residue of t h e said t en acres a n d of t h e said dwel l ing-house or of any p a r t or pa r t s of t h e said land and hered i taments unde r any of t h e powers in such behalf hereinbefore given A n d in case t h e invested moneys here inaf te r men t ioned shall be insufficient to pay off the m o r t g a g e moneys and in teres t the reon which shall be owing in respect of a n y m o r t g a g e of any p a r t of the said lands and he red i t aments A n d in any case if after t h e dea th of t he
| said Jessie M a r y E n n i s they shal l be of opinion | t h a t a sale would | be |
| more advan tageous | to t h e in teres ts of t h e chi ldren | of t h e said J o h n |
R o b e r t
| Rober t | Enn i s | and | Jessie M a r y E n n i s t h a n | a mor tgage of t he | said |
res idue of t he said land t h e n n o o n fur ther t rus t a t the i r absolute discret ion to sell and absolutely dispose of t h e said residue of t h e said land or of any pa r t or pa r t s thereof and if t he net proceeds of the sale of the whole of such residue shall be insufficient for the purpose for which t h e same shall be sold t h e n wi th t he consent of t h e said Jessie Mary E n n i s if she shall t h e n be l iving and if she shall t h e n be dead a t the i r absolute discretion to sell and absolutely dispose of t h e said residue of t he said t en acres or of any part or par t s thereof A n d if t h e proceeds of t h e sale of t he whole of t he said res idue of t he said land toge ther with t he proceeds of t h e sale of t he whole of t he said residue of t he said t en acres shall he insufficient for t he purposes for which t h e same shall have been sold t h e n wi th t h e consent of the said Jessie M a r y E n n i s if she shall t h e n be l iving and if she shal l t h e n be dead a t the i r absolute discretion to sell and absolute ly dispose of the said dwel l ing-house and every such sale may lie made e i ther by publ ic auc t ion or pr ivate contract and e i ther in one or more lots and in such m a n n e r generally and subject to such t e rms and condit ions as t h e said Trustees shall in the i r absolute discretion deem expedient w i t h power to b u y in t he said land or any pa r t or pa r t s of t he same a t a n y sale by auc t ion and to rescind or vary a n y cont rac t for sale e i ther on t e rms or gra tu i tous ly and to resell t he same wi thou t be ing responsible for any loss occasioned the reby and upon any sale or sales thereof or of any pa r t or par t s thereof to convey t h e land so sold to t h e purchase r or purchasers thereof his he r or thei r heirs and assigns or as such purchasers may direct freed and discharged from all t rus t s affecting t he same and the receipts in wr i t ing of t he said Trustees for t he purchase money of t he said land or of any pa r t or pa r t s thereof so sold shall bo full and sufficient discharges to t h e purchaser or purchasers of t he same f rom the purchase money payable by h im or t h e m respect ively a n d shall exonera te h i m or t h e m from be ing bound to see to t he appl icat ion of t h e said purchase money and from any l iabil i ty for the loss non-appl icat ion or mis-application of t h e same or of a n y p a r t thereof.
3 . The said Trustees shall s tand possessed of al l moneys obta ined from t ime to t ime by mor tgage or sale of the said land a n d dwel l ing- house unde r t he powers in such behalf by th is A c t g iven and of al l accumula t ions thereof all wh ich mor tgage moneys and accumula t ions thereof are hereinaf ter described as t h e said mor tgage moneys and al l which moneys so obta ined by a n y such sale and all accumula t ions thereof are hereinaf ter described as t he said sale moneys u p o n t ru s t in t h e first place to pay the reou t all costs a n d expenses of and inc identa l
| and incidenta l to every such mor tgage and sale and to every inves tmen t | to t h e p rocur ing and passing of th is A c t and al l costs and expenses of |
| from t ime to t i m e of such said m o r t g a g e and sale moneys and of every p a r t thereof respect ively A n d also all costs and expenses of and incidenta l to all deeds in s t rumen t s acts deal ings sales and proceedings subsequent ly to t h e passing of th is Ac t executed signed done made or u n d e r t a k e n for t h e purposes or any of t h e m of t he said declarat ion of t r u s t s and of this Ac t A n d further upon t ru s t if t hey in the i r absolute discretion shall t h i n k it to be advisable to do so to lend so m u c h of t he said mor tgage or sale moneys to t he said J o h n Robert E n n i s not exceeding one t housand pounds as they in thei r absolute discretion m a y de termine such loan to be made to t he said J o h n Robert Ennis u p o n such securi ty by his own bond or otherwise as they the said Trus tees shall in the i r absolute discret ion de te rmine and requi re A n d fur ther upon t rus t to invest or employ so much of the residue of t he said mor tgage and sale moneys a n d of all accumula t ions thereof as they shal l in thei r absolute discretion deem expedient in t h e purchase or r e n t a l in the i r names or otherwise of t h e goodwill of t h e business |