TOWN RESERVES.
j As 1 96 not 'hajjpenJfo Tilie!a«'Katfdithe Acts'and-Qrdioahfies^lating^o I dd;riot presume Co* offer a decided, opinion as to the-/tpwn reserves at'Balclmhiivbut 881 faras I comprehenCthe subject, it seems \°iV^ $ c $$tys°P*&^. to,; adopt In orSertoW place the endowment 'pn i J a ; secure or proper footing, is to' have IBe * land r vesfra ? In' thW Mayor /£hd; Corporation ;6f Bilclutha ;?*¥•' to that part of i the ' land! which nhls been ; Crown-granted to rthe 'Superintendent; by deed oft transfer to ; thelMayor and Corporation^ and •„ as .to-.-.^he , . ltrad ':'. not? Orb wnv granted, i ;by ; CVown grant. tip the Mayor and r Corporation direct; 'or if -It be uecessdrv^ '" kccording.tp the Acts, by Crow'u grant Ao il jthe Supefintehdeti't*! and subseq ucrit' immediatei'transfer to-ila& Mayor- a rid Corporation/ -Thevle]jal andAbeneficiil interest, bught both to be vested in tbV Mayor and - Cdrporation; that is to say, the Super in • tendent,, should not; hold jn truf t dnly, f bu t the' land, be, .vested,- out and, out, in the Mayor and Corporation: 'VTne^Snpefiu- : tendeftt hot 'being s i corporation sole, but simply a public officer^ he does not hold the land by virtue of his offi"e.. Conse- -, quently, if ; the trust; doea. not appear on the,; register books,' l take it. the Superintendent if sp.disppßed, could transfer the .land to a priyate. person .nbAhaving" notice' of the .trust, and bag* the, cash ; ahd thit the sale deed if duly^^^ regisfere*d/;y?ould be; held goodas • -against the ri Mayor -and GdKpbf atlon— • an event highly improbable to happenvbut ia legal transactions not only .probabilities, but; possibilities, should be provided for ',
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Bibliographic details
Clutha Leader, Volume I, Issue 50, 24 June 1875, Page 5
Word Count
266TOWN RESERVES. Clutha Leader, Volume I, Issue 50, 24 June 1875, Page 5
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