An Act for settling Bonds of the Municipal Corporation of the City of Bombay producing an annual income of one lakh and twenty five thousand rupees and a Mansion-house and hereditaments called Petit Hall in the Island of Bombay, the property of Sir Dinshaw Manockjee Petit, Baronet, so as to accompany and support the title and dignity of a Baronet lately conferred by Her Present Majesty Queen Victoria on him for and during the term of his natural life, and from and immediately after his decease to hold to his second son, Framjee Dinshaw Petit, Esquire, and the heirs male of his body lawfully begotten, and in default of such issue with remainder to the heirs male of the body of the said Sir Dinshaw Manockjee Petit, and for other purposes connected therewith.
The said Mansion-house and
premises called “Petit Hall” and all additions thereto, and also all other messuages and hereditaments which
from time to time may be or become subject to the trusts declared by this Ac concerning the said Mansionhouse and premises, shall be kept in good repair, order an condition by and at the expense of the person for
the time being in the enjoyment of the title of Baronet conferred by the said Letters Patent, and in case any
such person shall at any time neglect or refuse to keep the said Mansion-house, hereditaments and premise
or any them in such good order and condition, it shall b e lawful for the Corporation to keep or cause the
same to be kept in good order and condition and to defray the expense incident thereto from the income of
the funds for the time being subject to the provisions of this Act.