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Masters of the Court of Chancery in Ireland may grant renewals of leases for lives or years, where the persons to do so are out of the jurisdiction of the court. 1.] Where any person, who in pursuance of any covenant or agreement in writing might, if within the jurisdiction and amenable to the process of the Court of Chancery in Ireland, be compelled to execute a renewal of any lease made or to be made, for the life or lives of one or more person or persons, or for any term or number of years absolutely or determinable on the death of one or more person or persons, shall not be within the jurisdiction of or not amenable to the process of the said court, it shall be lawful to and for the said Court of Chancery, by an order to be made upon the petition of any person or any of the persons entitled to such renewal (whether such person be or be not under any disability), upon payment of the fine, and such other sum or sums of money as ought to be paid upon such renewal, for the use of the person or persons entitled to the same, and upon the lessee or lessees doing and performing all and every such matters and things as by the said covenants or agreements in the said lease or leases ought to be done or performed by him or them previous to such renewal, to order or appoint such renewal or renewals to be made by one of the masters of the said Court of Chancery, to be nominated by the said court for such purpose; and such master so nominated shall make and execute such deed of renewal in the name of the person or persons who ought to have renewed the same, which deed or deeds of renewal so made and executed by the said master or masters, counterparts thereof being duly perfected by the lessee or lessees for the use and benefit of the person or persons having the reversion and inheritance of such lands, tenements, or hereditaments comprised in such deed or deeds, shall be as good and effectual in law and equity, to all intents and purposes, as if the person in whose name the same shall be made had executed the same; but in every such case it shall be in the discretion of the said Court of Chancery in Ireland, if under the circumstances it shall seem requisite, to direct a bill to be filed to establish the right of the party seeking the renewal, and not to make the order for such new lease or renewal, unless by the decree to be made in such cause, or until after such decree shall have been made.
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