OF THE COURT OF CHANCERY.
AN ACT vesting title to Trust Property in Trustees appointed by the Chancellor.
Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:
Section 1. Whenever the sole or surviving trustee shall die or be removed, or a trustee shall renounce a trust, or a trust shall be created and no person appointed by name or description to execute the same, and whenever in such or any case a Trustee shall be appointed by the Chancellor of the State of Delaware, then upon the giving by said Trustee of the security required to be given by him, all the trust property, estate and effects, of every kind whatsoever, and wheresoever situate and being, shall forthwith and without any act or deed pass to and be vested in such new or succeeding Trustee.
Approved, March 29, A. D. 1905.