Page:United States Statutes at Large Volume 47 Part 1.djvu/1104

This page needs to be proofread.

1080 72d C ONGRESS . SESS . II. CH. 12 7. F EBRUAR Y 27, 1933 . the age of majority or marries, or until the guardian is legally discharged, unless he is appointed guardian only of the person of the ward . In that even t, the guar dian is cha rged with the c ustody of the ward, and must look to his support, health, and education . He may fix the residence of the ward at any place in the Canal Zone, but not elsewhere without the permission of the court . Bond . SEC. 96 1. BOND OF GUARDIAN .-Before the order appointing any person guardian under this cha ter takes effect, and before letters Issue, the cour t shall r equire o fp su ch erson a bo nd to the minor, with sufficient sureties, to be approve by the judge, and in such sum as he shall order, which sum shall not be less than twice the value of the personal property and the robable value of the annual rents, issues and profits of property bunging to the minor ; where, how- ever, a surety company is authorized by law to furnish such bond, the court in its discretion may fix the amount of the bond given by such suret y com pany a t not less than the v alue of th e pers onal prope rty and the probable value of the annual rents, issues and profits of prope rty b elongi ng to the minor condi tione d tha t the guard ian w ill faithfully execute the duties of his trust according to law, and the Con ditio ns of .

following conditions shall form a part of such bond without being expressed therein ward Inventory of estate of 1 . To Iqake an inventory of all the estate, real and personal of his ward, that comes to h is po ssess ion or know ledge , and to re turn the same within such time as the court may order . Management of. 2 . To dispose of and manage the estate according to law and for the best interest of the ward, and faithfully to discharge his trust in relation thereto, and also in relation to the care, custody, and education of the ward . Accounting . 3 . To rende r an acc ount on oath of the prop erty, es tate, and moneys of the ward in his hands, and all proceeds or interests derived there- from, and of the mana gement and disposition o f the same, within three mont hs aft er hi s app ointm ent, a nd at such other time s as the court directs, and at the expiration of his trust to settle his accounts with the court, or with the ward, if he be of full age, or his legal representatives, and to pay over and deliver all the estate, moneys, and effects remaining in his hands, or due from him on such settlement, Is sue of letters . to the person who is lawfully entitled thereto . Upon filing the bond, duly approved, letter s of guardianship must i ssue to the person appointed. In form the letters of guardianship must be substantially the same as letters of administration, and the oath of the guardian must be indorsed thereon that he will perform the duties of his office as such guardian according to law . Insertion of con di- SEC. 962 . COURT MAY I NSERT CONDITIONS IN ORDER APPOINTING tions in order appoint- ing, by court . GUARDIAN .-When any person is appointed guardian of a minor, the court may, with the consent of such person, insert in the order of appointment, conditions not otherwise obligatory, providing for the care, treatment education, and welfare of the minor and for the care and custody of his property . The performance of such conditions shall be a part of the duties of the guardian, for the faithful per- form ance of which he and the sureties on his bond shall be re- sponsible . Recording letters . SEC . 963 . RECORDING LETTERS OF GUARDIANSHIP .-All letters of guar- dianship issued under the provisions of this chapter, with the affi- davit s and certi ficat es th ereon , must be r ecord ed by the c lerk of the court having jurisdiction of the persons and estates of the wards . Maintenance of mi- SEC. 964. MAIN TENAN CE OF MINOR OUT OF INCOME OF HIS PR OP- nor out of income of his property. ERTY .-If any minor having a father living has property, the in- come of which is sufficient for his maintenance and education in a manner more expensive than his father can reasonably afford, regard