WHEREAS the said William Barnard Rhodes, deceased, was at the time of his death seised of an estate in fee-simple of certain lands in the Provincial District of Wellington: And whereas since his death other lands in the said provincial district have been acquired by the trustees of the said will under the powers of investment in the said will contained: And whereas the said William Barnard Rhodes died on the eleventh day of February, one thousand eight hundred and seventy-eight, having made his last will and testament: And whereas the said will was duly proved in the High Court of New Zealand, and registered in the District Land Registry at Wellington as
“No 36774”: And whereas Sarah Anne Rhodes, the wife of the said testator, survived him and is still living, but there was no issue of their marriage: And whereas Mary Ann Rhodes, daughter of the said testator, mentioned in the said will, was declared by a decree of the High Court of New Zealand to be entitled under the trusts of the said will to a life interest in the residuary real and personal estate of the said William Barnard Rhodes: And whereas the said Mary Ann Rhodes intermarried with Edward Moorhouse, of Spratton Grange, Northampton, in England, Gentleman: And whereas the issue of the said marriage consists of four children, who are all infants: And whereas the said will gave to the trustees thereof no power to sell or lease any of the said lands: And whereas the said will contains, inter alia, the following clause, that is to say:—
“And I direct my said trustees to permit and suffer my said wife Sarah Anne so long as she shall continue to be my widow to occupy and enjoy but not to let for more than two years all my freehold and leasehold property in the District of Rhodes or its vicinity known as Highland Park or Wadestown with all the appurtenances thereto and also the goods chattels carriages plate furniture horses stock and increase thereon with full power from time to time to dispose of the surplus live stock thereon for her own benefit my said wife during her said occupancy keeping my mansion on the said lands with the furniture plate carriages and other chattels in and about the premises insured from loss or damage by fire for an amount not exceeding on the whole the sum of ten thousand dollars in the names of the trustees and in good repair reasonable wear and tear only excepted: And also keeping in good order and condition the fences gardens ornamental grounds and appurtenances thereunto belonging and also painting the said mansion and premises once in every two years and keeping the said estate adequately stocked and free from stray gorse all to the satisfaction of my trustees other than my said wife who in case of default are hereby authorised to do the said works and from time to time to deduct the cost thereof from any annual income hereby provided to be paid to her.”
And whereas the said Highland Park Estate is situated close to the City of Wellington, and is especially suitable for residential building purposes: And whereas the granting to the said trustees of adequate powers of leasing and sale over the said lands in the Provincial District of Wellington will be of great benefit to all the beneficiaries of the said will, and will enable land which cannot now be used for close settlement, though well adapted therefor, to be so used: And whereas the objects of this Act are not attainable otherwise than by legislation:
“ten thousand dollars”,
“four thousand dollars” and
“one thousand five hundred dollars” were substituted, as from 10 July 1967, for the expressions
“five thousand pounds”,
“two thousand pounds” and
“seven hundred and fifty pounds” pursuant to section 7(1) Decimal Currency Act 1964 (1964 No 27).
“High Court” were substituted, as from 1 April 1980, for the words the
“Supreme Court” pursuant to section 12 Judicature Amendment Act 1979 (1979 No 124).