The Sir Jamsetjee Jejeebhoy Baronetcy Act, 1915
maharashtra · 1915
- S. 1Short title.
- S. 2Repeal of Act XX of 1860.
- S. 3The Commissioner for the Northern Division, the Accountant - General, and the Collector of Bombay to be a Corporation for execution of the Trusts of this Act.
- S. 4Present Baronet to continue to bear, and all future Baronet to take, names of First Baronet.
- S. 5Government Promissory Notes of a certain nominal value vested in Trustees.
- S. 6Powers of investment.
- S. 7Prohibition against varying investments without consent of person entitled to income.
- S. 8Power to Baronet for the time being to purchase land to erect a Mansion House thereon.
- S. 9Power to trustees to sell securities to produce funds to pay for land, etc.
- S. 10Power to Baronet for the time being to sell Mazngon Castle.
- S. 11Power to Trustees to apply proceeds of sale Mazagon Castle, not exceeding Rs. 2,75,000 in paying for land purchased and for erecting Mansion House th ere on, etc.
- S. 12Settlement of Mansion House, etc., in support of Baronetcy.
- S. 13Saving of rights of persons interested in reversion or remainder in Mazagon Castle on sale thereof
- S. 14Declaration of Trusts as to surplus proceeds of sale of Mazagon Castle over and above the sum of Rs. 2,75,000.
- S. 15Power to Trustees to invest the surplus annual interest and income of the Trust Fund and p remises during the minority of any Baronet etc.
- S. 16Provision in case of refusal or discontinuance of names of First Baronet.
- S. 17Baronet in possession may jointure.
- S. 18Limit of aggregate of jointure payable contemporaneously.
- S. 19Mansion House and hereditaments not to be subject to joiuture.
- S. 20Alienation prohibited during the Baronetcy.
- S. 21Power to augment the funds and securities subject to the Settlement, provided that total amount of funds su bject to the Settlement shall not exceed fifty lakh.
- S. 22Provision as to insurances of Mazagon Castle, and other house or buildings purchased in lieu thereof.
- S. 23Directions for keeping Mazagone Castle, and other houses or buildings purchased in lieu thereof, in repair.
- S. 24Power to Trustees to sell land subject to Settlement.
- S. 25Directions as to how sale may be made.
- S. 26Direction as investment of proceeds of sale of lands.
- S. 27Declaration of Trusts as to investments of proceeds of sale of lands.
- S. 28Power to Baronet for the time being to enter into arrangement with Government as to land - revenue payable in respect of land purchased under section 8
- S. 29Indemnity of Trustees.
- S. 30General saving clause.