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LANDS CLAUSES CONSOLIDATION ACT 1845 - SECT 75

Upon payment into court or deposit being made, the owners of the lands to convey, or in default the lands to vest in the promoters of the undertaking upon a deed poll being executed.

75. Upon [payment into court or] deposit in the Bank in manner herein-before
provided of the purchase money or compensation agreed or awarded to be paid in
respect of any lands purchased or taken by the promoters of the undertaking
under the provisions of this or the special Act, or any Act incorporated
therewith, the owner of such lands, including in such term all parties by
this Act enabled to sell or convey lands, shall, when required so to do by
the promoters of the undertaking, duly convey such lands to
the promoters of the undertaking, or as they shall direct; and in default
thereof, or if he fail to adduce a good title to such lands to their
satisfaction, it shall be lawful for the promoters of the undertaking, if they
think fit, to execute a deed poll under their common seal if they be a
corporation, or if they be not a corporation, under the hands and seals of the
promoters, or any two of them, containing a description of the lands in
respect of which such default shall be made, and reciting the purchase or
taking thereof by the promoters of the undertaking, and the names of the
parties from whom the same were purchased or taken, and the [payment or]
deposit made in respect thereof, and declaring the fact of such default having
been made, and such deed poll shall be stamped with the stamp duty which would
have been payable upon a conveyance to the promoters of the undertaking of the
lands described therein; and thereupon all the estate and interest in such
lands of or capable of being sold and conveyed by the party between whom and
the promoters of the undertaking such agreement shall have been come to, or as
between whom and the promoters of the undertaking such purchase money or
compensation shall have been determined by a jury, or by arbitrators, or by a
surveyor appointed by two justices, as herein provided, and shall have been
[paid or] deposited as aforesaid, shall vest absolutely in
the promoters of the undertaking; and as against such parties, and all parties
on behalf of whom they are herein-before enabled to sell and convey
the promoters of the undertaking shall be entitled to immediate possession of
such lands.

© 1845 Crown Copyright

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