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§58-961.


§58-961.
   
   When they shall deem it necessary, in order to preserve the value of
   such property, or its rental value, administrators, administrators
   with will annexed and executors of deceased persons, and guardians of
   minors or incompetent persons may lease or extend existing leases as
   to business property, or property to be improved for business
   purposes, belonging to the estate of said deceased persons, minor or
   incompetent person, for a term of not more than fifteen (15) years,
   with the approval of the district court administering said estate of
   such deceased person, or minor or incompetent person. In order to
   obtain said approval said administrator, administrator with will
   annexed, executor or guardian shall file in said district court a
   petition setting out the general nature of the property desired to be
   leased, or upon which the lease is desired to be extended, and the
   facts relative to the necessity of such lease for the preservation of
   the value of said property, or its rental value. The heirs, devisees
   and legatees of said deceased person and the next of kin of said minor
   or incompetent person are designated as persons interested in the
   estate and are entitled to be heard with respect to such proposed
   leasing. Provided, if the will of such deceased person shall authorize
   the executor or administrator with will annexed to sell the property
   of said decedent such authority shall be considered to include and
   extend the power to lease said property and further compliance with
   this act shall not be necessary.
   

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