Archibald Thompson's Trust Estate Act 43 Vic (NSW)

An Actto enable the Trustee of the Will of the late Archibald Thompson to invest the personalty in building upon and improving the Real Estate devised by the said Will. [7th May, 1880.]

V ITEREAS Archibald Thompson late of Sydney in the Colony o

New South Wales Esquire duly made and executed his 'last will and testament bearing date the sixteenth day of October one thousand eight hundred and seventy-cight and thereby appointec Stephen Campbell Brown and Thomas Thompson the Trustees of | his said willand devised and bequeathed all his real and personal cstate to his said Trustees upon trust to convert his personal estate and to stand possessed thereof upon trust after payment of his debts and legacies to invest the same upon real or Government securities in New South Wales or in the stocks shares or debentures of any public Company except mining Companics and the said testator declared tha the said Trustees should stand scized and possessed of his real estate and all such stocks funds and securities as aforesaid upon trust to divide the annual income equally share and share alike to and among his wife Jane Thompson and all his children and the issue of any deceased child or children during their respective lives or until the final distribution of the said estate as therein provided And after the decease of all his children then as to the corpus of his trust estate and all income since the last division of income in trust for the issue of such of his children as should have left issue living at the period of final distribution such issue to take as tenants in common per stirpes as therein provided And whereas the said Archibald Thompson. died on the twenty-second day of February one thousand eight hundred and seventy-nine leaving him surviving his wife Jane Thompson anc eleven children nine of whom are under the age of twenty-one years And whereas probate of the said will was granted to the said Thomas 'Thompson on the fourth day of April one thousand eight hundred anc seventy-nine And whereas the said Stephen Campbell Brown has duly renounced and disclaimed the estates interests and trusts of the said will And whereas the balance of the personal estate of the saic testator after payment of debts and legacies now amounts to the sum of four thousand seven hundred pounds or thereabouts And whereas part of the real estate of the said testator consists of a piece of vacant land at Redfern near Sydney aforesaid (which is more particularly described in the schedule hereto) which is suitable for building pur- poses And whereas it would be beneficial to all parties interested under the said will that part of the said personal estate should be invested in erecting dwelling-houses and buildings on the said piece of