Section List

Act Number: 10

Act Name: The Sir Jamsetjee Jejeebhoy Baronetcy Act, 1915

Year: 1915

Enactment Date: 1915-09-08

Long Title: An Act for repealing Act No. XX of 1860 entitled

Ministry: Ministry of Home Affairs

Department: Department of Home

Section NumberTitleActions
1Short title.
2Repeal of Act XX of 1860.
4Present Baronet to continue to bear, and all future Baronet to take, names of First Baronet.
5Government Promissory Notes of a certain nominal value vested in Trustees.
6Powers of investment.
7Prohibition against varying investments without consent of person entitled to income.
8Power to Baronet for the time being to purchase land to erect a Mansion House thereon.
9Power to trustees to sell securities to produce funds to pay for land, etc.
10Power to Baronet for the time being to sell Mazngon Castle.
12Settlement of Mansion House, etc., in support of Baronetcy.
16Provision in case of refusal or discontinuance of names of First Baronet.
17Baronet in possession may jointure.
18Limit of aggregate of jointure payable contemporaneously.
19Mansion House and hereditaments not to be subject to joiuture.
20Alienation prohibited during the Baronetcy.
24Power to Trustees to sell land subject to Settlement.
25Directions as to how sale may be made.
26Direction as investment of proceeds of sale of lands.
27Declaration of Trusts as to investments of proceeds of sale of lands.
29Indemnity of Trustees.
30General saving clause.
3The Commissioner for the Northern Division, the Accountant - General, and the Collector of Bombay to be a Corporation for execution of the Trusts of this Act.
11Power to Trustees to apply proceeds of sale Mazagon Castle, not exceeding Rs. 2,75,000 in paying for land purchased and for erecting Mansion House th ere on, etc.
13Saving of rights of persons interested in reversion or remainder in Mazagon Castle on sale thereof
14Declaration of Trusts as to surplus proceeds of sale of Mazagon Castle over and above the sum of Rs. 2,75,000.
15Power to Trustees to invest the surplus annual interest and income of the Trust Fund and p remises during the minority of any Baronet etc.
21 Power to augment the funds and securities subject to the Settlement, provided that total amount of funds su bject to the Settlement shall not exceed fifty lakh.
22Provision as to insurances of Mazagon Castle, and other house or buildings purchased in lieu thereof.
23Directions for keeping Mazagone Castle, and other houses or buildings purchased in lieu thereof, in repair.
28Power to Baronet for the time being to enter into arrangement with Government as to land - revenue payable in respect of land purchased under section 8
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