Moorebank Estate Act 1886 50 Vic (NSW)

An Act to enable the Bishop of Sydney to lease or sell the lands known as the Moorebank Estate and to convey portions of the said lands to the Commissioner for Railways and for the other purposes therein mentioned. [Ist July, 1886 ]

Moorepank Esratsz,

' Rate IREAS by an indenture of release dated the second day of Preamble.

January one thousand eight hundred and thirty-nine 'and made between Thomas Moore of the one part and the Right Reverend William Grant Broughton Doctor of Divinity Bishop of Australia of the other part a deed of bargain and sale for a year having been made between the same parties on the day before the execution of the said indenture of release the lands mentioned and described in the Schedule hereto and known as the Moorebank Estate were granted and released by the said Thomas Moore to the said Bishop of Australia and his successors Bishops of Australia being Protestants of the United Church of England and Ireland as by law established upon certain trusts in the said indenture of release expressed and declared And whereas the said indenture contains no power of sale and no powers of granting building or improving leases And whereas the said lands are now by law vested in the Most Reverend Alfred Barry Doctor of Divinity Bishop of Sydney hereinafter called the said Trustee upon the trusts expressed and declared in the said indenture And whereas the said lands have greatly Increased in value but the rents and profits derived from letting the same on leases for short terms produce only wv small income in comparison with such value And whereas it has been proposed that in order to induce the Government of New South Wales to construct a railway from St. Peters to Liverpool in the said Colony the owners of lands through which the line of such railway would pass should convey the portions of land required for the purpose