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RAILWAY COMPANIES ACT 1867 - SECT 5

Determination of questions whether property taken in execution is liable to be so taken.

5. If in any case where property of a company has been taken in execution a
question arises whether or not it is liable to be so taken notwithstanding
this Act, the same may be heard and determined on an application by either
party by summons in a summary way to the court out of which the execution
issued, or if the Court is one of the Superior Courts of Law, then to a judge
of any one of those courts, and such determination shall be final and binding.

Scheme of arrangement by company unable to meet their engagements.



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© 1867 Crown Copyright

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