PEAK HILL A.I-F. MEMORIAL SCHOOL OF ARTS (LAND SALE) ACT. ANNO SEPTIMO DECIMO ELIZABETH IT REGINA RRR KKK KKK ERE KR RRR KR RRR KR KK KR KE An Act to enable the Trustees for the time being of the Peak Hill A.IL.F. Memorial School of Arts to sell certain lands at Peak Hill and to transfer the same free from all trusts estates and interests affecting such lands; and for purposes connected therewith. [Assented to, 17th December, 1968.] WHEREAS Elizabeth If Preamble. Peak Hill A.I.F. Memorial School of Arts (Land Sale). HEREAS at all material times the whole of the land comprised in Certificates of Title Volume 10208 Folios 51 and 52 has been vested in the Trustees for the time being of the Peak Hill A..F. Memorial School of Arts AND WHEREAS in the year One thousand nine hundred and forty-eight the then Trustees of the Peak Hill A.I.F. Memorial School of Arts convened a Public Meeting with a view to the establishment of a Service Club at Peak Hill AND WHEREAS as a result of the said meeting the "Peak Hill United Services Memorial Club" was formed and registered under the provisions of the Liquor Act, 1912, as amended, as a Licensed Club AND WHEREAS since its formation the Peak Hill United Services Memorial Club by arrangement with the Trustees of the Peak Hill A..F. Memorial School of Arts has used part of the said premises of the School of Arts situated upon the said land for the purposes of the said Club AND WHEREAS from time to time the Peak Hill United Services Memorial Club has effected improvements to that part of the premises of the said School of Arts situated upon the said land and occupied by it AND WHEREAS the said land occupied by the Club and the improvements erected thereon are valued at Thirteen thousand five hundred dollars of which the sum of Twelve thousand and ninety-eight dollars ninety-three cents is attributable to improvements effected by the Peak Hill United Services Memorial Club AND WHEREAS that portion of the said land and the improve- ments erected thereon and occupied by the Club are no longer required for the purpose of a School of Arts AND WHEREAS the Trustees of the Peak Hill A.I.F. Memorial School of Arts have by a contract of sale bearing date the thirtieth day of April One thousand nine hundred and sixty- eight agreed to sell and the trustees of the Peak Hill United Services Club have agreed to buy that portion of the said lands occupied by the Club and being Lot 9 in Plan of Subdivision Deposited Plan number 532629 comprising 1 rood 24 perches and being part of the lands comprised in Certificates of Title Volume 10208 Folios 51 and 52 and being part Allotments 1 and 2 Caswell Street, Peak Hill in the Parish of Mingelo, County of Narromine with the improvements erected thereon for the sum of One thousand four hundred and one dollars seven Peak Hill ALF. Memorial School of Arts (Land Sale). seven cents AND WHEREAS the Trustees of the Peak Hill A.LF, Memorial School of Arts have no power or authority to sell for the said sum AND WHEREAS it is expedient to authorise the Trustees of the Peak Hill A.IL.F. Memorial 'School of Arts to sell the said land and improvements and to transfer the same to the trustees of the Peak Hill United Services Memorial Club for such consideration and in accord- ance with the terms and conditions of the said contract entered into between them for an estate in fee simple freed and dis- charged from all trusts estates and interests affecting the same : BE it therefore enacted by the Queen's Most Excellent Majesty by and with the advice and consent of the Legisla- tive Council and Legislative Assembly of New South Wales in Parliament assembled, and by the authority of the same as follows :— 1. This Act may be cited as the "Peak Hill ALF. Memorial School of Arts (Land Sale) Act, 1968." 2. The Trustees of the Peak Hill A..F. Memorial School of Arts for the time being may and are hereby authorised to sell and transfer and execute all conveyances and instruments required to effect such transfer to the trustees of the Peak Hill United Services Memorial Club the whole of the land described in the Schedule to this Act, together with the improvements erected thereon for the sum of One thousand four hundred and one dollars seven cents for an estate in fee simple freed and discharged from all trusts estates or interests affecting the same. 3. The receipt of the Trustees for the time being of the Peak Hill A.I.F. Memorial School of Arts shall be sufficient discharge to the trustees of the Peak Hill United Services Memorial Club for the purchase money of One thousand four hundred and one dollars seven cents. 4. The proceeds of sale after payment of all costs expenses and encumbrances shall be held by the Trustees for the time being of the Peak Hill A.LF. Memorial School of Arts for the general purposes of the Trust and shall be invested and applied as the Minister administering the Public Instruction Act of 1880 or any Act in substitution of the same may from time to time direct. SCHEDULE. Elizabeth i Short title. Trustees authorised to sell and transfer land. Receipt of Trustees sufficient discharge. Application of proceeds of sale. Elizabeth IL Sec. 2, Peak Hill A..F. Memorial School of Arts (Land Sale). SCHEDULE. ALL that piece or parcel of land being Lot 9 in plan of Subdivision Deposited Plan number 532629 comprising 1 rood 24 perches and being part of the lands comprised in Certificates of Title Volume 10208 Folios 51 and 52 and being part Allotments 1 and 2 Caswell Street, Peak Hill in the Parish of Mingelo County of Narromine.