Griffith Settlement Act, 1923

Annuity of £1000 to be paid to Trustees.

1.—(1) One annuity or yearly sum of one thousand pounds commencing on the twelfth day of August 1922 shall be charged upon and payable quarterly out of the Central Fund of Saorstát Eireann or the growing produce thereof to the Trustees appointed for the purposes of this Act during the respective periods mentioned in this Section.

(2) The yearly sum of five hundred pounds (in this Act called “The Widow's Share”) being one equal moiety of the said annuity of one thousand pounds shall be charged and payable as aforesaid during the life of the said Mrs. Maud Griffith.

(3) The yearly sum of two hundred pounds (in this Act called “The Son's Share”) being one equal fifth part of the said annuity of one thousand pounds shall be charged and payable as aforesaid until the said Naomhan Griffith shall either attain the age of twenty-five years or die under that age.

(4) The yearly sum of two hundred pounds (in this Act called “The Daughter's Share”) being one other equal fifth part of the said annuity of one thousand pounds shall be charged and payable as aforesaid until the said Ita Griffith shall either attain the age of twenty-five years or die under that age.

(5) The yearly sum of one hundred pounds (in this Act called “The Sister's Share”) being the remaining one equal tenth part of the said annuity of one thousand pounds shall be charged and payable as aforesaid during the life of the said Miss Frances Griffith.