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The Pamphlet Collection of Sir Robert Stout: Volume 50

VIII. — The Mode and Manner, and by Whom, the Successors to the Trustees Named in the Grant are to be Appointed

VIII.

The Mode and Manner, and by Whom, the Successors to the Trustees Named in the Grant are to be Appointed.

Any Trustee named in this grant, or the successor to any Trustee, may for good cause be removed by a proper court of equity jurisdiction, after notice to him, and upon the application of the grantors herein, or either of them, or upon the application of the Board of Trustees.

Any Trustee named in this grant, or the successor of any such Trustee, may, in writing, addressed and delivered to the Board of Trustees, resign his office as page 18 Trustee, and every vacancy in the Trustees which shall occur during the lives of the grantors, or during the life of either of them, either from the failure of any Trustee named in this grant to accept the trust, or from death, resignation or otherwise, shall be filled by the grantors, or either of them, as the case may be, and every vacancy occurring thereafter shall be filled by the surviving or remaining Trustees, by ballot.