Death, resignation, or removal of trustee

The chancery court or the court having the jurisdiction of the monthly county court is empowered, upon suggestion and proof of the death, resignation, or removal beyond the limits of this state, of any trustee named as such in any deed of trust conveying realty or personalty as security for the payment of debts or other obligations, to appoint and qualify a trustee in lieu of the trustee dead, resigned, or removed as aforementioned. Acts 1903, ch. 309, § 1; Shan., § 3526a1; mod. Code 1932, §7784; T.C.A. (orig. ed.), § 47-1512; modified. The chancery court or the court having the jurisdiction of the monthly county court is empowered, upon suggestion and proof of the death, resignation, or removal beyond the limits of this state, of any trustee named as such in any deed of trust conveying realty or personalty as security for the payment of debts or other obligations, to appoint and qualify a trustee in lieu of the trustee dead, resigned, or removed as aforementioned. Acts 1903, ch. 309, § 1; Shan., § 3526a1; mod. Code 1932, §7784; T.C.A. (orig. ed.), § 47-1512; modified.