Del. Code tit. 12 § 3539

Current through 2024 Legislative Session Act Chapter 531

Section 3539 - Charitable trust; sale of timber on lands; application of proceeds

The Court of Chancery may, when in its judgment the exercise thereof will promote the interests of the charity, direct wood or timber growing on land conveyed or devised for charitable uses to be cut and sold and the proceeds applied to repairs or the purchase of lime or other manures and making other improvements of such real estate. This section shall apply only to cases where the whole interest in the land is the subject of charitable uses.

12 Del. C. § 3539

Code 1852, § 1948; Code 1915, § 3881; Code 1935, § 4405; 12 Del. C. 1953, § 3539.;