Legislation, Legislation In force, New South Wales Legislation
Whitney Estate Act of 1902 (NSW)
An Act to enable the Trustees of the Will of the worsey terre.
Act, 1902. 8
/ "Whitney state.
An Act to enable the Trustees of the Will of the worsey terre.
late William Franklin Whitney to sell, give i
credit on sales, mortgage, partition, divide,
exchange, lease, evant mining leases, make
applications under the Mining on Private
Lands Acts, and make applications to bring
land under the Real Property Act; and for
other purposes. [17th September, 1902. ]
JILEREAS at the respective dates of his will, codicil, and death, Preamble,
hereinafter mentioned, William Franklin Whitney, late of
Coombing Park, near Carcoar, in the Colony of New South Wales
(since deceased), was carrying on the business of coach proprictors,
railway contractors, mail contractors, general graziers, and such other
matters, including mining, as might be determined, in partnership
with James Rutherford, of Bathurst, in the said Colony, under the
name or style of " Cobb and Company" : And whereas at the date
of the death of the said William Franklin Whitney certain lands anc
hereditaments (forming portion of the asscts of the said partnership
and more particularly described in the indenture of mortgage next
hereinafter mentioned) were subject to an indenture of mortgage,
dated the twenty-scventh day of December, one thousand eight hundrec
and eighty-nine, made betwecn the said James Rutherford, of the first
part, the said William Franklin Whitney, of the second part, anc
Walter Russell Hall, of the third part, to secure the repayment of the
sum of fifty thousand pounds and interest thercon as therein mentioned:
And whereas at the date aforesaid certain other assets of the saic
partnership therein more particularly described were subject to a bil
of sale and stock mortgage in favour of the said Walter Russell ILall
and dated the thirtieth day of June, one thousand cight hundred and
ninety-three, to secure the repayment of the sum of thirty thousan¢
pounds, and interest thereon as therein mentioned: And whereas the
said William Franklin Whitney duly made and executed his last wil
and testament, dated the fourth day of September, one thousand cight
hundred and ninety-four, whereby, after appointing his wife, Isabella
Whitney, sole exccutrix and trustee thereof, he gave his share in the
said business so carried on by him in partnership with the said James
Rutherford as aforesaid to his said trustec, Isabella Whitney, upon
trust, in the words following, that is to say :—''Upon trust, to convert
the same into money, and after such conversion in the first place to
hold the sum of two thousand pounds in trust for my son, Glassford
Franklin.
ki. wee
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Franklin Whitney, and to invest the same in the name of my said
trustee, and to apply the whole or such part as my said trustee shall _
in her discretion think sufficient of the annual income derived from
such investment in or towards the maintenance or otherwise for the
benefit of my said son, Glassford Franklin Whitney ; and in the next
place to pay to Arthur Leeds, of Cunnamulla, in the Colony of Queens-
land, station manager, the sum of two thousand pounds; and in the
next place to hold the balance of the money derived from such con-
version as aforesaid upon trust in equal shares, share and share alike,
for my said wife, Isabella Whitney, and my children next hereinafter
named, that is to say, Isabella Rachel Kelty, Adcline Thirza Whitney,
Arthur William Whitney, Louisa Katie Whitney, Emily Margarct
Whitney, and Evelyn Frances Amelia Whitney, and to pay on demand,
but subject as hereinafter mentioned, the said legacies to my children
now of age (excepting Glassford Franklin Whitney) ; and the shares of
my daughters are to be enjoyed and dispcsed of by them respectively
as separate property free from marital control, and their respective
receipts to be sufficient discharges to my said trustee for the same. I
empower my said trustee, during the minority of any of my said children,
to hold the share or shares of such children during their respective
minorities, and to invest the same in the name of my said trustee, and
to apply the whole or such part as my trustee shall in her discretion
think sufficient of the annual income derived from such investments
respectively in and towards the maintenance and education or other-
wise for the benefit of such children respectively, and to pay their
respective legacies to them when they come of age, as is provided
herein for payment of the legacies to my children now of age; but
my said trustee need not pay any of the legacies bequeathed in this
my will until after the expiration of two years from the date of my
death, but she may, if she thinks fit, pay the same at any time
at; her discretion." And the said testator thereby devised and
bequeathed the residue of his real and personal property whatsoever
and wheresoever situate to his wife, Isabella Whitney: And whereas
by a codicil to his said will, bearing date the fourth day of September,
one thousand eight hundred and ninety-four, the said William Franklin
Whitney appointed Arthur Leeds, of Cunnamulla, in the Colony of
Queensland, station manager, and William Kelty, of Orange, in the
Colony of New South Wales, surgeon, to be joint executors and
trustees of his said will, together with his wife, Isabella Whitney; and'
he declared that cach of the said Isabella Whitney, Arthur Leeds, and
William Kelty should be responsible for her and his own actions only;
and in all other respects the said testator confirmed his said will:
And whereas the said William Franklin Whitney died on or about the
thirty-first day of October, one thousand eight hundred and ninety-
four, without having otherwise altered oy revoked his said will and
codicil,
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Whitney Listate.
codicil, and Jeaving him surviving his said widow, Isabella Whitney,
and seven children and no more, that is to say, Isabella Rachel Kelty
(the wife of the said Willian Kelty), Adeline Thirza 'Whitney,
Arthur William Whitney, Louisa Katie Whitney, and Emily Margaret
Whitney, and Evelyn Frances Amelia Whitney (the two last named of
whom are infants), and Glassford Franklin Whitney: And whercas
probate of the said will and codicil was, on the twenty-third day of
May, one thousand cight hundred and ninety-five, granted to the said
Isabella Whitney, William Kelty, and Arthur Leeds: And whereas
the assets of the said partnership at the date of the death of the
said William Franklin Whitney comprised real and personal property
situate both within the Colony of New South Wales and out of the
said Colony: And whercas after the death of the said William Franklin
Whitney it was ascertained that if the said executrix and executors
were to convert into money the share of the said William Franklin
Whitney in the said partnership business great losses would be
occasioned to the said bencficiaries other than the said Glassford
Franklin Whituey and Arthur Leeds: And whereas by an agreement
dated the fifteenth' day of April, one thousand eight hundred and
ninety-seven, made between the said James Rutherford of the one
part and the said Isabella Whitney, Arthur Leeds, and William Kelty
of the other part, a partition of certain of the properties of the said
partnership was agreed to between the parties thereto, and it was
agreed that the said Isabella Whitney, Arthur Leeds, and William
Kelty, as such executrix and executors as aforesaid, should take (inter
alia) the properties known as Coombing Park, James Park, Pine
Mount, and Waugoola and Claverton, and the stock and chattels thereon
respectively, part of which properties are comprised and described or
expressed so to be in the hereinbefore recited indenture of mortgage
dated the twenty-seventh December, one thousand eight hundred and
cighty-nine; and the said James Rutherford should take certain other
properties, and that in order to equalise the said division the saic
executrix and executors should pay to the said James Rutherforc
certain moneys; and that the said executrix and executors and the
said James Rutherford respectively should assume the liabilities of the
said partnership business in the proportions therein mentioned. Anc¢
it was further (infer alia) agrced that as regards the whole of the
remaining properties belonging to the said partnership business, not
mentioned or referred to in the First and Second Schedules to the saic
agreement of the fifteenth day of April, one thousand eight hundrec
and ninety-seven, the same were to be continued and carried on with
a view to speedy realisation by the said James Rutherford, Isabella
Whitney, Arthur Leeds, and William Kelty, under their joint manage-
ment: And whereas by an agreement dated the thirtieth day of
August, one thousand eight hundred and ninety-seven, made between
the
Cr
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the same parties as the parties to the hereinbefore lastly recited
agreement, the time within which the aforesaid liabilities of the said
partnership business were to be assumed was extended to the thirty-
first day of December, one thousand eight hundred and ninety-seven,
and in all other respects the said agreement of the fifteenth day of
April, one thousand eight hundred and nincty-seven, was ratified and
confirmed: And whereas the said Isabella Whitney, Arthur Leeds,
and William Kelty having been advised that they could not legally
give a mortgage over such properties, stock, chattels, and effects
coming to them under such partition as aforesaid, it was agreed that
the said indenture of mortgage dated the twenty- -seventh day of
December, one thousand eight hundred and eighty-nine, and the said
bill of sale and stock mortgage dated the thirtieth day of June, one
thousand eight hundred and ninety-three, should not be discharged so
far as regards the covenants of the said William Franklin Whitney
and the property, stock, chattels, and assets taken by the said Tsabella
Whitney, Arthur Leeds, and William Kelty as such executrix and
executors as aforesaid, under such partition, but that the said James
Rutherford should be released from his personal covenants contained
in the said indenture of mortgage and Dill of sale and stock mortgage
but without prejudice to or in any other way affecting the said
indenture of mortgage and bill of sale and stock mortgage and the
covenants of the said William Franklin Whitney therein contained,
except as thereinafter provided : And whereas the said Walter Russell
Hall, at the request of the said Isabella Whitney, Arthur Leeds, and
William Kelty, agreed to enter into and did execute a certain indenture
of agreement bearing date the twenty-ninth day of December, one
thousand eight hundred and ninety-seven, and expressed to be made
between the said Isabella Whitney, Arthur Leeds, and William Kelty
of the one part, and the said Walter Russell Hall, thereinafter called
the said mortgagee, of the other part: And whereas by the last-
mentioned indenture of agreement after certain recitals therein
contained and after reciting that the said Walter Russell Hall, at the
request of the said Isabella Whitney, Arthur Leeds, and William
Kelty, had agreed to enter into and execute those presents for the
purpose of acknowledging that the sum of sixty-three thousand
pounds only and interest thereon, caleulated from the first day of
January, one thousand eight hundred and ninety-cight, remained
owing on the security of the hereinbefore recited indenture of
mortgage, and the sum of thirty thousand pounds (part: of the said
sum of sixty-three thousand pounds) and interest thereon, calculated
from the first day of January, one thousand eight hundred and
ninety-eight, was secured by the said bill of sale and stock mortgage ;
and after reciting that it had been agreed that the time for the
repayment of the said sum of sixty-three thousand pounds should be
extended
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extended in manner thereinafter provided; and after reciting that
the said Isabella Whitney, Arthur Leeds, and William Kelty had, at
the request of the said Waltcr Russell Iall, agreed to enter into and
execute the indenture of agreement now in recital for the further
purpose of consenting to the release of the said James Rutherford
from his covenants contained in the said indenture of mortgage and
the said Dill of sale and stock mortgage, and to the release of certain
other property, stock, and chattels, and also for the purpose of hetter
securing to the said Walter Russell Tall repayment of the said sum
of sixty three thousand pounds and interest thereon, and enabling
him to obtain such further assurance as he might thereafter require
in manner thereinafter appearing: It was witnessed (énéer alia) that
in pursuance of the said agreement, and in consideration of the
premises, they, the said Isabella Whitney, Arthur Leeds, and William
Kelty, and as separate covenants every two of them, did thereby for
themselves, their heirs, executors, and administrators, jointly and every
one of them did thereby for herself and himself, her and his heirs,
executors, and administrators severally covenant with the said Walter
Russell Hall, his heirs, executors, administrators, and assigns that the
heirs, executors, and administrators of the said William Franklin
Whitney, and they the said Isabeila Whitney, Arthur Leeds, and
William Kelty, and their respective heirs, executors, and administrators,
and every other person having or lawfully or equitably claiming by,
through, under, or in trust for the said William Franklin Whitney,
dec eased, any estate, right, title, ov interest in or to the lands, stoc k,
and chattels "comprised 1 in the said indenture of mortgage and bill of
sale and stock mortgage, or in or to any other property, stock, chattels,
and assets coming to the said Isabella Whitney, Arthur Leeds, and
William Kelty, as such executrix and exceutors as aforesaid, under
the division of the properties of the said partnership, or any of them,
or any part thereof respectively, should and would at all times (at the
cost, until foreclosure or sale, of the estate of the said William Franklin
Whitney, or of them the said Isabella Whitney, Arthur Leeds, and
William Kelty, and afterwards at the cost of the person or persons
requiring the same) execute and do every such lawful assurance and
thing for the further or more perfectly assuring the said premises, and
every or any part thereof, to the use of the said Walter Russell Hall,
his heirs, executors, administrators, and assigns, as by the said Walter
Russell Hall, his heirs, executors, administrators, or assigns should be
reasonably required ; and would obtain the consent and approval to
those presents of such of the children of the said William Franklin
Whitney as were then infants immediately on their respectively
attaining the age of twenty-one yers; and would indemnify and keep
indemnified the said Walter Russell Hall, his heirs, executors, admin-
istrators, and assigns, and his and their estates and effects, against all
actions,
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actions, suits, claims, and demands whatsoever that might be brought
by the said infants on or at any time after their attaining the age of
twenty-one years respectively against the said Walter Russell Hall,
his heirs, executors, administrators, or assigns, and also against all
losses, charges, damages, costs, and expenses 'that the said Walter
Russell Hall, his heirs, executors, administrators, or assigns might
sustain or incur by reason of the said infants, or either of them, not
consenting to or approving of those presents; and generally against
all results and consequences of the said infants not consenting and
approving as aforesaid; and would within one month after being
requested in writing by the said mortgagee, his heirs, executors,
administrators, or assigns so to do, make all necessary applications to
(inter alia) the Supreme Court of New South Wales for leave to
mortgage to the said Walter Russell Hall, his heirs, executors,
administrators, or assigns the whole of the said properties, s stock,
chattels, and assets coming to them, the said Isabella Whitney, Arthur
Leeds, and William Kelty, : as such executrix and executors as aforesaid,
under the said division of properties of the said partnership to secure
the repayment of the said sam of sixty-three thousand pounds and
interest thereon, or for the confirmation of the arrangement made in
respect of the thereinbefore recited indenture of mortgage and bill of
sale and stock mortgage, and would within one month after being
requested as aforesaid commence and institute all necessary steps and
proceedings requisite or necessary for obtaining a Private Act or Acts
(inter alia) in the Colony of New South Wales, authorising the said
Isabella Whitney, Arthur Leeds, and William Kelty, as such executrix
and executors as aforesaid, to mortgage such properties, stock, chattels,
and assets coming to them under such division of properties as aforesaid
for the amount aforesaid or otherwise confirming the arrangement.
made in respect of the said indenture of mortgage and bill of sale and
stock mortgage, and would whenever called upon so to do execute all
such mortgages, transfers, assignments, and securities over such
properties, stock, chattels, and assets coming to them as aforesaid
under the division of properties of the said partnership as the said
Walter Russell Hall, his heirs, exccutors, administrators, or assigns, or
his or their attorney or attorneys, agent or agents might from time to
time require for the purpose of securing payment of the said principal
sum of sixty-three thousand pounds and interest, such mortgages and
securities to be prepared by the solicitors for the said Walter Russell
Hall, his heirs, executors, administrators, or assigns, or his or their
attorney or attorneys, agent or agents, and the same to contain all such
reasonable powers (including powers of sale), provisions, covenants,
clauses, and agreements as might be thought desirable by the said
Walter Russell Hall, his heirs, executors, administrators, or assigns, or
his or their attorney or attorneys, agent or agents, or his or their
solicitors ;
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Whitney Estate.
solicitors; and that in the event of the said Isabella Whitney, Arthur
Leeds, and William Kelty, or any or cither of them, their or any or
either of their executors, administrators, or assigns making default for
the space of one month as aforesaid in making such application (inter
alia) to the Supreme Court of New South Wales, or in doing all that
might be necessary to obtain such Private Act or Acts as aforesaid,
after having been requested as aforesaid, or in executing to the said
Walter Russell Hall, his heirs, executors, administrators, or assigns
any such mortgages, transfers, assignments, or securities as aforesaid,
after the same should have been handed to them, or left at, or sent
through the medium of the post office addressed to them or any or
cither of them to the usual place of abode or business of them or
any or either of them in the Colony of New South Wales last known
to the said mortgagee, his heirs, executors, administrators, or assigns,
or his or their 'attorney or attorneys, agent or agents, or left upon
any part of the said properties, then all such applications to the said
courts or cither of them might be made, and all necessary proceedings
to obtain such Private Act or Acts might he taken, and all such
mortgages and securities might be executed by the said mortgagee,
his heirs, executors, administrators, or assigns in his or their own name
or names, or in the name or names of the said William Franklin
Whitney, his executors or administrators, or in the names and when
necessary as the act and deed of the said Isabella Whitney, Arthur
Leeds, and William Kelty, or any or cither of them, their or any or
either of their heirs, executors, administrators, or assigns; and would
pay all costs, charges, fees, and expenses arising out 'of or incidental
to or connected with such application to the Court as aforesaid, and
such mortgages and securities, and obtaining such Private Act or
Acts as aforesaid, and all other costs, charges, fees, and expenses
in any way connected with or arising out of those presents or
the arrangement therein set forth: And whereas by an indenture
of agreement bearing date the twenty-ninth day of December,
one thousand eight hundred and ninety-seven, expressed to he
made between the said Isabella W hitney, Isabella Rachel Kelty
(wife of the said William Kelty), Adeline 'Thirza Whitney, spinster,
Arthur William Whitney, Esquire, Louisa Katie Whitney, spinster,
Emily Margaret Whitney, spinster, and Evelyn Frances Amelia
Whitney, spinster, all of Coombing Park aforesaid, beneficiaries under
the will of the said William Franklin Whitney, of the one part, and
the said Walter Russell Hall of the other part, after reciting that the
said James Rutherford and the said William Franklin Whitney
carried on business in partnership as coach proprietors, railway
contractors, mail contractors, and graziers, and for such other purposes
as were determined upon by the said partners, the said James
Rutherford being entitled to two-thirds of the property of the
partnership,
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Whitney Estate.
partnership, including gains and profits,.and the said William Franklin
Whitney to one- -third thereof; and that it was therein provided that
on the death of either partner, if the executors of the deceased partner
declined to continue in the business and the surviving partner did not
purchase the share of the deceased partner, the assets of the partner-
ship should be sold and divided ; and after reciting the said indenture
of mortgage, dated the twenty-seventh day of December one thousand
eight hundred and cighty-nine, registered number five hundred and
thirty- four, book four hundred and twenty-nine; and after reciting
the said bill of sale and stock mortgage; and after reciting that by
his will and codicil, each bearing date the fourth day of September,
one thousand eight hundred and ninety-four, the said William Franklin
Whitney appointed the said Isabella Whitney, Arthur Leeds, and
William Kelty executrix and executors thereof; and after reciting
that the said William Franklin Whitney died on about the thirty-first
day of October, one thousand eight hundred and ninecty-four, without
having altered or revoked his said will and codicil, and that probate
thereof, was, on the twenty-third day of May, one thousand eight
hundred and ninety-five, granted to the said Isabella Whitney, Arthur
Leeds, and William Kelty ; ; and after reciting that ancillary probate of
the said will and codicil was, on the thirtieth day of November, one
thousand eight hundred and ninety-seven, granted by the Supreme
Court of Queensland to the said Arthur Leeds, one of the executors in
the said will and codicil named, power being reserved to make the
like grant to Isabella Whitney and William Kelty, the executrix and
other executor in the said will and codicil named; and after reciting
the said agreement dated the fifteenth day of April, one thousand
eight hundred and ninety-seven; and after reciting the said agreement
dated the thirtieth day of August, one thousand cight hundred and
ninety-seven ; and after reciting that in order to enable the said
Isabella Whitney, Arthur Leeds, and William Kelty, as such executrix
and executors as aforesaid, to carry out the said agreements and to
assume their portion of the liabilities of the late partnership in the
terms of the thereinbefore recited indenture of mortgage of the twenty-
seventh day of December, one thousand eight hundred and cighty-
nine, and the thereinbefore recited bill of sale and stock mortgage of:
the thirtieth day of June, one thousand cight hundred and 'ninety-
three, should be discharged, and the said Walter Russell Hall should
advance to the said Isabella Whitney, Arthur Leeds, and William
Kelty, as such executrix and executors as aforesaid, the sum of
sixty-three thousand pounds upon the security of the whole of the
properties, stock, chattels, and assets coming to the said Isabella
Whitney, Arthur Leeds, and William Kelty, as such executrix and
executors as aforesaid, under the division of the properties of the
said partnership; and after reciting that the said Walter Russell
Hall
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» Tall had agreed to advanee to the said James Rutherford a certain
sum of money upon certain securities; and after reciting (inter alia)
that the parties thereto having been advised that the thereinbefore
recited agreements of the fifteenth day of April, one thousand eight
hundred and ninety-seven, and the thirtieth day of August, ope
thousand eight hundred and ninety-seven, were not in conformity
with the provisions of the deed of partnership, and that the said
agreements constituted a breach of the trusts of the will of the
said William Franklin Whitney, deceased, and that the said Isabella
Whitney, Arthur Leeds, and William Kelty, as such executrix and
exccutors as aforesaid, could not legally give a mortgage over such
properties, stock, chattels, and assets coming to them as aforesaid: It
had been agreed that the thereinbefore recited indenture of mortgage
of the twenty-seventh day of December, one thousand eight hundred
and cighty-nine, and the thereinbefore recited bill of sale and stock
mortgage should not be discharged as far as regarded the covenants of
the said William Franklin Whitney and the properties, stock, chattels,
and assets taken by the said Isabella Whitney, Arthur Leeds, and
Wiiliam Kelty, as such executrix and executors as aforesaid, under the
division of properties of the said partnership were concerned, but
that the said James Rutherford should be released from his personal
covenants contained in the said indenture of mortgage, and bill of sale
and stock mortgage, and that the Cunnamulla property and stock
and chattels thereon should be discharged from the thereinbefore
recited bill of sale and stock mortgage, but without prejudice to or in
any other way affecting the said indenture of mortgage and bill of sale
and stock mortzage and the covenants of the said William Franklin
Whitney therein contained except as thereinafter provided; and after
reciting that the sum of sixty-three thousand pounds only was the
principal sum due to the said Walter Russell Hall from the said
executrix and executors as aforesaid ; and after reciting that the said
Isabella Whitney, Isabella Rachel Kelty, Adeline Thirza Whitney,
Arthur William Whitney, and Louisa Katie Whitney had, at the
request of the said Walter Russell Hall, agreed to enter into and
exccute the indenture of agreement now in recital for the better
securing to the said Walter Russell ILall the repayment of the said
sum of sixty-three thousand pounds and interest thereon, and enabling
him to obtain such further assurances as he might thereafter require
in manner thereinafter appearing, and for the purpose of indemnifying
him against any loss he might incur by reason of the title of the said
securities from the said exceutrix and executors as aforesaid, and from
the said James Rutherford, or any of them being defective: It was
witnessed that in pursuance of the said agreement, and in consideration
of the premises they, the said Isabella Whitney, Isabella Rachel Kelty,
Adeline Thirza Whitney, Arthur William Whitney, and Louisa Natie
Whitney,
SS)
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Whitney, and as separate covenants every five, four, three, and two of
them did thereby for themselves, their heirs, executors, and adminis-
trators jointly. and every one of them did thereby for herself and him-
self, her and his heirs, executors, and administrators, severally covenant
with the said Walter Russell Hall, his heirs, executors, administrators,
and assigns that they the said covenanting parties respectively, and
their respective heirs, executors, administrators, and assigns, and every
other person having or lawfully or equitably claiming gany estate, right,
title, or interest through them, or any of them, or through Emily
Margaret Whitney, or "Evelyn Frances Amelia Whitney, ¢ children of
the said William Franklin Whitney, deceased, or either of them, or by,
through, under, or in trust for the said William Franklin Whitney,
deceased, in or to the land, stock, and chattels, and effects forming
or intended to form security of the said Walter Russell Hall as
aforesaid, or any of them, or any part thereof respectively, should,
and would at all times (at the cost until foreclosure or sale of the
said covenanting parties respectively, and their respective heirs, execu-
tors, administrators, or assigns, and afterwards at the cost of the person
or persons requiring the same), execute and do every such assur-
ance and thing for the further or more perfectly assuring the said
premises and every or any part thereof to the use of the said Walter
Russell Hall, his heirs, executors, administrators, and assigns as by
the said Walter Russell Hall, his heirs, executors, administrators, or
assigns should be reasonably required, and would obtain the execution
of the indenture of agreement. now in recital by such of the children
of the said William Franklin Whitney as were then infants, that is to
say, Emily Margaret Whitney and Evelyn Frances 'Amelia Whitney,
within six months of their respectively attaining the age of twenty-one
years, and would indemnify and keep indemnified the said Walter
Russell Hall, his heirs, executors, administrators and assigns, and
his and their estates and effects against all actions, suits, claims, and
demands whatsoever that might be brought by the said infants on or
at any time after their attaining the age of twenty-one years respec-
tively against the said Walter Russell Hall, his heirs, executors,
administrators or assigns, and also against all losses, charges, damages,
costs, and expenses that the said Walter Russell Hall, his heirs,
executors, administrators, cr assigns might sustain or incur by reason
of the said infants or either of them not consenting to or approving
of the indenture of agrement now in recital, and generally against all
results and consequences of the said infants not consenting and
approving as aforesaid; and would, whenever called upon so to do,
exccute all such mortgages, transfers and assignments, and securities
over such properties, stock, chattels, and assets as aforesaid as the said
mortgagee, his heirs, executors, administrators or assigns, or his or
their attorney or attorneys, agent or agents might from time to time
require
Wiituey Estate.
require for the purpose of securing payment of the said principal sum
of sixty-three thousand pounds and interest ; and would obtain the
execution by the said infants on their attaining the age of twenty-one
years of all such mortgages, transfers, assignments, and securities if
requested so to do; all such mortgages, transfers, assignments, and
securities to be prepared by the solicitors for the said Walter Russell
Hall, his heirs, executors, administrators or assigns, or his or their
attorney or attorneys, agent or agents, and the same to contain all
such powers (including powers of sale), provisions, covenants, clauses,
and agreements as might be thought desirable by the said Walter
Russell Ilall, his heirs, executors, administrators, or assigns, or his or
their attorney or attorneys, agent or agents, or his or their solicitors;
and that in the event of the said covenanting parties, or any or cither
of them, their or any or either of their heirs, executors, administrators,
or assigns making default for the space of one month as aforesaid in
executing to the said Walter Russell Hall, his heirs, executors,
administrators, or assigns any such assurances, mortgages, transfers,
assignments, or securities as aforesaid aftcr the same should have been
handed to them or left at or sent through the medium of the post
office, addressed to them or any or either of them to the usual place
of abode or business of them or any or either of them in the said
Colony of New South Wales last known to the said Walter Russell
lfall, his heirs, executors, administrators or assigns, or his or their
attorney or attorneys, agent or agents, or left upon any part of the
said properties, then all such assurances, mortgages, transfers, assign-
ments, and securities might be executed by the said Walter Russell
Hall, his heirs, executors, administrators, or assigns in his or their
own name or names, or in the names, and when necessary as the act
and deed, of the said covenanting parties respectively, or any or cither
of them, their or any or either of their heirs, executors, administrators,
or assigns, and would pay all costs, charges, fees, and
