If it shall become necessary, for any of the aforesaid purposes of such corporation, to acquire any land, or any right, title, interest or estate therein, which is the property of an infant, idiot or insane person, the guardian, executor or administrator, as the case may be, may sell and convey the same to such corporation, but such sale and conveyance shall not be valid, unless approved by the probate court, or the judge thereof, within whose jurisdiction such lands shall be situated; and the judge of such court is hereby authorized to examine into the terms and conditions of such sales and conveyances, and if he finds them to be just, fair and proper, he shall enter his approval upon the records of said court, and endorse the same upon such conveyances, and thereupon, such conveyances shall have the same force and effect as conveyances made by persons competent to convey in their own names. Should there be no guardian, executor or administrator competent to make such sale and conveyance, it shall be the duty of such judge, upon the petition of any relative or friend acting for the benefit and in the interest of such infant, idiot or insane person, to appoint a guardian for the purpose of making such sale and conveyance, who shall be required to give a bond, with sureties, to be approved by said judge, for the faithful performance of his trust. For the purpose of transacting the business provided for in this section, said court shall be deemed to be always open, and a complete record of its proceedings therein shall be kept as in other cases.
History: Laws 1878, ch. 1, ch. [tit.] 6, § 3; C.L. 1884, § 2666; C.L. 1897, § 3848; Code 1915, § 4698; C.S. 1929, § 116-203; 1941 Comp., § 74-203; 1953 Comp., § 69-2-3.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Structure New Mexico Statutes
Chapter 63 - Railroads and Communications
Article 2 - Powers and Construction of Roads
Section 63-2-1 - [Corporate powers.]
Section 63-2-2 - Additional powers.
Section 63-2-4 - [Power to use highway, air and water transports; limitations.]
Section 63-2-5 - [Methods of exercising rights and powers.]
Section 63-2-6 - [Power to borrow, purchase and mortgage.]
Section 63-2-7 - [State lands; granting right-of-way over and right to appropriate water thereon.]
Section 63-2-8 - [Municipalities may grant use of streets.]
Section 63-2-9 - Location maps to be filed.
Section 63-2-10 - Commencement and completion of road.
Section 63-2-12 - [Aiding other roads; operating jointly; assent of stockholders.]
Section 63-2-13 - Corporate power under former acts.
Section 63-2-14 - [Extensions into other states; power to purchase, lease and sell.]
Section 63-2-15 - [Extensions, branches, sidings and switches of foreign companies; eminent domain.]
Section 63-2-18 - [Peace officers; appointment; bond; no authority in labor troubles.]