Earl of Devon estate: authorizing a mortgage for payment of the expense of restorations to Powderham Castle, and extending the power to grant building leases contained in the will of the late Earl Act 1842

JurisdictionUK Non-devolved
Citation1842 c. 24
ANNO QUINTO & SEXTO
VICTORLE REGIN.E
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Cap.%4.
&n Act for authorizing the raising, by Mortgage of
the Estates devised by the Will of the Right
Honourable William late Earl of Devon, a limited
Sum of Money, to be applied, under the Direction
of the High Court of Chancery, in repaying to
the present Earl and Lord Courtenay the Whole
or a Portion of the Monies already expended
them for the Repair and Restoration of the
Castle of Powderham, and the Buildings belong-
ing thereto, and towards completing such Repair
and Restoration; and for making Provision for
Payment of the Interest of the Money so to be
raised, and also for the Liquidation of the Prin-
cipal ; also for extending the Power to grant
Building Leases contained in the Will of the
said late Earl. [30th July 1842.]
HEREAS the Right William of
I published his last Will
Writinar. bearing Date on or about
of May C
[Private.'} IS and
Will of Wil-
liam Earl of
Devon, dated
3d May 1831.
622 5° & 6° VICTORIA, Cap.24.
and attested in the Manner then required by Law, for rendering
valid Devises of Freehold Estates, and thereby, after giving divers
pecuniary Bequests and Legacies, gave and devised unto his
Brother-in-Law, the Right Honourable George Lord Carteret (since
deceased), and his Nephew, Sir John Courtenay Honywood of
Evington in the County of Kent, Baronet, (also since deceased,)
and their Heirs, all his the said Testator's Castles, Manors, Lands,
Advowsons, and Hereditaments, in England and in
Ireland,
and.
all Remainders, Reversions, and Expectancies of and in the same,
and all other the Real Estates in England and Ireland of or to
which he the said Testator was at the Time of making his said
Will seised or entitled, at Law or in Equity, in Possession, Reversion,
or Remainder, or over or in respect of which he had any Power
of Disposition or -Appointment, 4:0'hold ike ' same to the said
George Lord Carteret and Sir John Courtenay Honywood, and their
Heirs,
to, for, or upon the Uses, Trusts, Intents, and Purposes, and
subject to the Powers, Provisoes, and Declarations, in anS'by fihe^said
Will limited, expressed, and declared concerning the same; (that is
to say,) to the Use of the said George Lord Carteret and Sir John
Courtenay Honywood, their Executors and Administrators, during the
Term of Five hundred Years, to commence from the Time of his
the said Testator's Decease, upon the Trusts therein-after declared
concerning the same, and from and after the End, Expiration, or
other sooner Determination of the said Term of Five hundred Years,
and in the meantime subject thereto and to the Trusts
thereof,
to
certain Uses in the usual Course of strict Settlement, for the Benefit
of the said Testator's Sons, and the Sons of such Sons, and the Heirs
Male of their Bodies ; and in default of such Issue Male, as therein
mentioned, of the said Testator's Body, to the Use of William
Reginald Courtenay Esquire, now commonly called Lord Courtenay,
(therein described as eldest Son of the said Testator's Relation, Wil-
liam Courtenay Esquire, now Earl of Devon,) during the Term of the
Life of the said William Reginald Lord Courtenay, .without Impeach-
ment of Waste; with Remainder to the Use of the said Testator's
Brother-in-Law the Right Honourable Lord Robert Edward Somerset
and Major General JoJin Locke, and their iHeirs, during the Life of
the said William Reginald Lord Courtenay, in Trust to preserve the
contingent Remainders therein-after limited ; and from and after the
Decease of the said William Reginald Lord Courtenay, to the Use of
each of the Sons of the said William Reginald Lord Courtenay born
or to be born in the said Testator's Lifetime, successively, during the
Term of the Life of each such Son, without Impeachment of Waste;
and after the Decease of each such Son, to the Useofithe First
and every other Son of each such Son successively according to
Priority of Birth in Tail Male, in such Manner that the elder of
the said Sons of the said William Reginald Lord Courtenay, and
the First and every other Son successively; in Tail Male of such
elder Son, might be preferred to and take before the younger of
the said Sons of the said William Reginald Lord Courtenay, and
his and their First and other Sons successively in Tail Male; with
Remainder, after the Determination of the Estate for Life,of each
of the said Sons of1 the said William Reginald. Lord Cowtemy
by any means in1 the Lifetime of such Son, to the ^se .of the
said Lord Robert Edward Somerset and John Locke, and their
1 Heirs,

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