Section 203. Conveyance or incumbrance of trust property of Friends  


Latest version.
  • The
      trustee or trustees, or survivor of any trustees, of any meeting of  the
      Religious  Society  of Friends, appointed pursuant to the last preceding
      section, may sell, convey and grant, mortgage, or demise any or  all  of
      the trust property described in said trust deed or declaration of trust,
      to  any  person  absolutely  or  in trust for such meeting, whenever any
      meeting of said society by resolution  so  directs.  Any  conveyance  or
      mortgage  of  real estate or property so held in trust by any meeting of
      the Religious Society of Friends, which is hereafter made  in  pursuance
      of  a  resolution  of such meeting as provided herein, shall be as valid
      and effectual for the conveyance or mortgage of the title  of  any  real
      estate  so  held  in  trust, as if the heirs of any trustee who has died
      prior to the passage of such resolution had joined in the  execution  of
      such  conveyance,  mortgage  or  demise.  Any  instrument  for the sale,
      mortgage or demise of such property shall embody such resolution, and be
      executed and acknowledged by such  trustee  or  trustees;  and  in  such
      acknowledgment such trustee or trustees shall make an affidavit that the
      person  or persons executing such conveyance, mortgage or demise are the
      trustee or trustees of the  trust  property,  and  that  the  resolution
      embodied  in such conveyance, mortgage or demise was duly passed by such
      meeting. Such affidavit shall be  prima  facie  evidence  of  the  facts
      therein stated.