Lloyd Manchester Estates Act 1869

JurisdictionUK Non-devolved
Citation1869 c. 5
Year1869
[32 &,33 VICT.] Lloyd's Manchester Estates Act, 1869. [OH. 5.]
CHAP, 5.
An Act for authorizing the leasing, selling, exchanging, and
A.D.
1869.
partitioning of Estates in the parish of Manchester in the
county of Lancaster. [12th July 1869.]
W
HEKEAS George Lloyd, late of Stockton Hall in the county Will of
of York, esquire, duly made and executed his will, dated the
£eoff\
twenty-eighth day of April one thousand eight hundred and sixty, 28th April
and thereby, after appointing his sons Henry Lloyd and Edward 186°-
Lloyd executors of his will, and specifically bequeathing certain
parts of his personal estate and bequeathing the residue thereof
(except leasehold hereditaments), and specifically devising certain
parts of his real estate, gave and devised all
chief,
fee-farm, quit,
and other perpetual yearly rents which at his decease should be
issuing and payable out of any lands or hereditaments in the town-
ships of Chorlton-upon-Medlock, Hulme, Moss-side, Withington,
and Chorlton-cum-Hardy, all in the parish of Manchester in the
county of Lancaster, unto his sons George John Yarburgh and
Yarburgh Gamaliel Lloyd for the term of fifty years from his
decease upon the trusts in the said will mentioned, and as to the
said rents comprised in and subject to the said term and as to all
such other freehold and leasehold lands, buildings, perpetual yearly
and other rents, and other hereditaments, and parts and shares of
such lands, buildings, rents, and other hereditaments, situate and
arising within the several townships of Manchester, Newton,
Chorlton-upon-Medlock, Hulme, Moss-side, Withington, and
Chorlton-cum-Hardy, all in the parish of Manchester, the said
testator gave, devised, and bequeathed the same unto the use of his
said sons Henry Lloyd and Edward Lloyd, their respective heirs,
executors, administrators, and assigns, in equal shares as tenants in
common:
And whereas the said George Lloyd duly made and executed a
codicil, dated the twenty-ninth day of January one thousand eight
hundred and sixty-three, to his said will, whereby, after appointing
[Trivate.-5.] A 1
[CH..5.] Lloyd's Manchester Estates Act, 1869, [32 & 33-VICT.j
A.D.
1869. the said George John Yarburgh and Yarburgh Gamaliel Lloyd
executors and trustees of his will in the place of his said son Henry
Lloyd then deceased to act with the said Edward Lloyd, and making
certain variations in certain of the devises and bequests contained
in his said will, and specifically devising his chief rents out of
property in Newton Lane (then Oldham Road), and houses and
property in Hyde Grove, Manchester, he devised and bequeathed all
chief,
fee-farm, quit, and other perpetual yearly rents which at his
decease should be issuing and payable out of any lands or heredita-
ments in the townships of Chorlton-upon-Medlock, Hulme, Moss-
side,
Withington, and Chorlton-cum-Hardy, all in the said parish of
Manchester in the said county of Lancaster (subject to the term of
fifty years limited by his said will), and all his other freehold and
leasehold lands, buildings, perpetual yearly and other rents and
other hereditaments and parts and shares of such lands, buildings,
rents,
and other hereditaments situate and arising within the said
several townships of Manchester, Newton, Chorlton-upon-Medlock,
Hulme^ Moss-side, Withington, and Chorlton-cum-Hardy, all in
the said parish of Manchester, not therein-before disposed of, unto
and to the use of his said son Edward Lloyd, his heirs, executors,
administrators, and assigns respectively, as to one moiety thereof for
his and their own use and benefit, and as to two equal third parts
or shares of the other moiety, thereof in trust for his (the said
testator's) grandson George William Lloyd, his heirs, executors, ad-
ministrators, and assigns, and as to the remaining equal third part
of the said last-mentioned moiety in trust for his the testator's
grandson Henry John Greame Lloyd (the youngest son of his said
late son Henry), his heirs, executors, administrators, and assigns;
and the said testator empowered his executors to receive the income
of the real and personal estate devised and bequeathed to or in trust
for his said grandsons respectively, and to apply such parts thereof
as they should think proper towards their respective maintenance
or education, and to accumulate the whole or the surplus thereof as
the case might be, and to invest the same on Government security
only for the benefit of the grandson from whose property or share
the same should have arisen, and in respect of the moiety of real
and leasehold estates therein-before directed to be held by the said
Edward Lloyd, his heirs, executors, administrators, or assigns, in
trust for his (the said testator's) said two grandsons, the said
testator gave him the following powers ; (that is to say,) power to
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let the same trust moiety of the same real and leasehold estates or
any parts or part thereof along with his own moiety thereof from
year to year, or for any term not exceeding twenty-one years in
possession at the best rent, and ta insure from fire, repair, and
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