Amendment status not verified — confirm the current text below against the official source.
Ademption pro tanto where stock, specifically bequeathed, exists in part only at testator's death.-Where stock which has been specifically bequeathed exists only in part at the testator's death, the legacy is adeemed so far as regards that part of the stock which has ceased to exist. Collected by the All India Christian Council, www.christiancouncil.in Page 57 of 123 --------------------------------------------------------------------- 1 Subs. by Act 10 of 1927, s. 2 and Sch. I, for "5,000". --------------------------------------------------------------------- Illustration A bequeaths to B his 10,000 rupees in the 5 1/2 per cent. loan of the Central Government. A sells one-half of his 10,000 rupees in the loan in question. One-half of the legacy is adeemed.