§ 3539. Charitable trust; sale of timber on lands; application of proceeds.
79 words·~1 min read·
/de/title-12/chapter-35-trusts/subchapter-iii-general-provisions/3539·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Court of Chancery may, when in its judgment the exercise thereof will promote the interests of the charity, direct wood or timber growing on land conveyed or devised for charitable uses to be cut and sold and the proceeds applied to repairs or the purchase of lime or other manures and making other improvements of such real estate. This section shall apply only to cases where the whole interest in the land is the subject of charitable uses.