Trustee Act, 1850

Lord Chancellor may by order convey estates of lunatic trustees and mortgagees in lands.

3. When any lunatic or person of unsound mind shall be seised or possessed of any lands upon any trust or by way of mortgage, it shall be lawful for the Lord Chancellor, intrusted by virtue of the Queen’s sign manual with the care of the persons and estates of lunatics, to make an order that such lands be vested in such person or persons, in such manner, and for such estate, as he shall direct; and the order shall have the same effect as if the trustee or mortgagee had been sane, and had duly executed a conveyance or assignment of the lands in the same manner for the same estate.