Parkes' Family Grant Act 1896 (NSW)

8 No. 3. 60« VIC. 1896.

Farkes' Family Grant.

No. III.

P arkes’ F amily

Grant.

An Act to make pro\ ision for the widow and

children of the late Sir Henry Parkes by

grants out of the Consolidated Hevenne

Fund. [18 Juhj^ 1896.]

Preamble.	TTTHEREA S it is desirable to make provision for the widow and
V V children of the late Sir Henry Parkes : Be it therefore enacted
hy the Queen’s Most Excellent Majesty, hy 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 :—

Moneys to be paid	1. I t shall be lawful for the Governor by warrant under his hand, addressed to the Colonial Treasurer, to direct the payment out of the Consolidated Revenue Eund to a trustee to be appointed by the Governor of—
out of Consolidated
Revenue Fund.

(n) the sum of five hundred pounds sterling to be applied by the trustee at his sole discretion in providing a home for Lady Parkes, widow of the said late Sir Henry Parkes, and his children: Provided that any property purchased or acquired shall be vested in the trustee and held by him in trust for the purposes aforesaid ;

(Z») the sum of one hundred pounds sterling yearly, to be paid by the trustee into the hands of the said Lady Parkes, without power of anticipation, so long as she is by the trustee charged with the care and supervision of the children hereinafter named or any of them ;

(c) the several sums of eighty pounds sterling yearly during their respective minorities in respect of each of the five children of the said late Sir Henry Parkes hereinafter mentioned, namely—Sydney, Kenihvorth, Aurora, Henry, and Cobden, upon trust for the education, care, and maintenance of each of the said children during their respective minorities, to be applied to those purposes at the sole discretion of the trustee.

And such warrant shall charge the Consolidated Revenue Eund with the payment of the said respective sums, and shall be a discharge for such payment to the said Treasurer.

Appointment of	2. The Governor may appoint a trustee to be charged with the administration of this Act, and may, in case any trustee dies or desires to be discharged or refuses or becomes unfit or incajoable to act in the trust, appoint another in his place.
trustee.
Definition.	3. In this Act “ Governor ” means Governor with the advice of the Executive Council.

No. IV.