When any ward resides out of this state, but has property, real or personal, in this state, and a guardian has been appointed to such ward in the state of his residence, such guardian shall be entitled to be appointed guardian of such nonresident ward by the chancery court of the county in this state in which such property, or any part thereof, is situated, upon producing to such court the original letters of guardianship issued to such nonresident guardian, or a certified copy thereof, duly authenticated, and upon executing bond with sureties as is required of other guardians.
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