Bishopscourt Sale and Leasing Act 1886 50 Vic (NSW)

Bisiopscourt SALE AND LEASING.

Preamble.

An Act to empower the Church of England Property Trust Diocese of Sydney to sell and lease portions of the Bishopscourt Estate and to provide for the application of the moneys to arise from such sales and leases. [80th July, 1886.]

rete by deed of grant from the Crown dated the cighth

day of January one thousand cight hundred and sixty-six certain lands situated near Coogee in the parish of Alexandria in the county of Cumberland in the Colony of New South Wales and therein more particularly described were granted to the Bishop of Sydney and his suecessors for ever upon trust for the appropriation thereof as the site of an episcopal residence for the Bishop of Sydney and his successors the said lands to be enjoyed as the site for the episcopal residence and for gardens pleasure grounds and pasture lands in con- nection with the said episcopal residence of the Bishop of Sydney for the time being And whereas under the provision of the " Church of England Trust Property Incorporation Act of 1881" a corporate body of Trustees known as the Chureh of England Property Trust Diocese of Sydney has been duly appointed and the said lands have duly become vested in such corporate hody of Trustees upon the trusts upon which the same were granted And whereas an episcopal residence for the Bishop of Sydney and his successors was in or about the year one thousand eight hundred and fifty-eight erected on the said lands at a cost of seven thousand two hundred pounds or therc- abouts and is known as Bishopscourt And whereas the sum of two thousand pounds part of the said sum of seven thousand two hundred pounds was borrowed by the late Bishop of Sydney on his personal seeurity and expended in the erection of such episcopal residence And whereas by an Act of the Legislature of New South Wales passed in the thirty-seventh year of the reign of Her present Majesty the Bishopsthorpe Estate was charged from the resignation or death of the Right Reverend Frederick Barker late Bishop of Sydney with the pay- ment to the said Bishop or his representatives of two thousand five hundred pounds being the said sum of two thousand pounds together with interest. thereon estimated at the sum of five hundred pounds And whereas the said late Bishop died on the sixth day of April one thousand eight hundred and cighty-two And whereas the Most Reverend Alfred Barry the present Bishop of Sydney has paid to the representatives of the said late Bishop out of the rents and profits