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THE INDIAN SUCCESSION ACT, 1925 · CHAPTER XIV.—Of Specific Legacies

Section 143 — Bequest of certain sum where stocks, etc., in which invested are described

Where a certain sum is bequeathed, the legacy is not specific merely because the stock, funds or securities in which it is invested are described in the will.
Illustration
A bequeaths to B—
“10,000 rupees of my funded property”:
“10,000 rupees of my property now invested in shares of the East Indian Railway Company”:
“10,000 rupees, at present secured by mortgage of Rampur factory”,
No one of these legacies is specific.