Page:United States Statutes at Large Volume 47 Part 1.djvu/1111

 72d CONG RESS. SESS. II. CH. 127. FEB RUARY 27, 1933. 1087 the petition of the guardian after notice of at least ten days, mailed by the clerk of the court to all the known relatives of the wa rd residing in the Canal Zone. The gua rd ian may al so co nse nt to a partition of the real or personal estate of his ward without action, and agree upon the share to be set off to such ward, and may execute a release in behalf of his ward to the owners of the shares, of the parts to which they may be respectively entitled, upon obtaining from said court having jurisdict ion over said es tate, authority t o so consen t aft er a hearin g in open c ourt upon the p etitio n of the guardian after notice of at least ten days, mailed by the clerk of the court to all the known relatives of the ward residing in the Canal Zone. SEC. 993 . INVENTORY OF WARDS ESTATE; REFUSAL OF GUAR DIAN TO Inventory of estate. RETURN INVENTORY .-Every guardian must return to the court a verified invento ry of the estate of his ward wit hin thirty days a fter his appointment. He must annually thereafter, and at such other times as directed by the court, render a verified account of the estate of his ward. All the estate of the ward described in the first inven- tory must be appraised by appraisers, appointed, sworn, and acting in the manner provided for regulating the settlement of the estates of decedents. Such inventory, with the appraisement of the prop- erty therein des cribed, must be recorded by the clerk of the cour t in a proper book ke pt in hi s office for tha t purpose. Whenever any other property of the estate of any ward is discovered, not included in the inventory of the estate already returned, and whenever any other property, has been succeeded to, or acquired by any ward, or for his benefit, the like proceedings must be had for the return and appraisement thereof and the service of the same as are herein pro- vided in relation to the first inventory and return. If within the Refusal to return. time prescribed, or within such further time, not exceeding two months which the court or judge shall for reason able cause allow, the guardian neglects or refuses to return the inventory or render his account, the court may, upon notice, revoke the letters of guardian- ship and the guardian shall be liable on his bond for any injury to the estate, or any person interested therein, arising from such failure. SEC. 99 4. AccouNT OF GUARDIAN .-The guardian must upon the Accounting of. expiration of a year from the time of his appointment and as often thereafter as he may be required, present his account to the court for settlement and allowance. The termination of the relation of guardian and ward by the death of either guardian or ward or by the ward attaining his majority or being restored to capacity shall not cause the court to lose jurisdiction of the proceeding for the purpose of settling the accounts of the guardian. SEC. 99 5. ALLO WANC E OF ACCO UNTS OF JOINT GUARDIANS.-When Allowance of ac cou nt s, joint guard. an account is rendered by two or more joint guardians, the court lap s may, in its discretion, allow the same upon the oath of any of them. SEC. 996 . EXP ENS ES AND COMPENSATION OF GUARDIANS.-Every Expenses and com- guardi an mu st be allowed the amount of his reaso nable expen ses pensation. incurred in the execution of his trust, and he must also have such compensation for his services as the court in which his accounts are settled deems just and reasonable. He must also be allowed all reasonable and proper disbursements, made after the legal termi- nation of the gu ardiansh ip, but while th at relati on, by c onsent o r acquiescence of the parties, sti ll subsists in f act, and be fore the discha rge of the guard ian b y the court, and whic h were made by the consent express or implied, of the ward, and for his benefit or the benefit of his estate.