Victorian Current Acts

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PRESBYTERIAN TRUSTS ACT 1890 - SECT 5

Corporate trustees to be constituted and may take and hold property

Within one month of the registration of such resolution the Registrar-General shall give notice thereof by advertising the same at length in the Government Gazette, and thereupon the trustees named in such notice and their successors to be appointed as hereinafter provided shall be a body corporate by the name stated in such notice, and shall have perpetual succession and a common seal, and may sue and be sued, and may acquire take and hold any property in trust for the church, and may receive any moneys which have been or shall be given or contributed by any person or persons to be applied to any of the purposes of the church, and may take over any securities for money held by any person or persons on behalf thereof, and may take in the name of such corporate body any securities for money belonging to the church which shall be lent or advanced on account thereof, and shall deal with all such property and securities so as to give effect to the trusts to which they shall be specially subject or when not subject to any express trust in such manner as this Act hereinafter provides or the General Assembly may from time to time direct, but so as not to interfere with the jurisdiction of the Supreme Court in the enforcement of trusts.



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