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LANDS CLAUSES CONSOLIDATION ACT 1845 - SECT 131

Lands to be conveyed to the purchasers.

131. Upon payment or tender to the promoters of the undertaking of the
purchase money so agreed upon or determined as aforesaid they shall convey
such lands to the purchasers thereof, by deed under the common seal of
the promoters of the undertaking if they be a corporation, or if not a
corporation under the hands and seals of the promoters of the undertaking, or
any two of the directors or managers thereof acting by the authority of the
body; and a deed so executed shall be effectual to vest the lands comprised
therein in the purchaser of such lands for the estate which shall so have been
purchased by him; and a receipt under such common seal, or under the hands of
two of the directors or managers of the undertaking, as aforesaid, shall be a
sufficient discharge to the purchaser of any such lands for the purchase money
in such receipt expressed to be received.

© 1845 Crown Copyright

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