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IRISH BANKRUPT AND INSOLVENT ACT 1857 - SECT 61

Money, &c. to be paid by assignees into the Bank of Ireland, &c.

61. All stock in the public funds or of any public company, and all moneys,
Exchequer bills, India bonds, or other public securities, and all bills,
notes, and other negotiable instruments belonging to the bankrupt's or
insolvent's estate, shall be forthwith transferred, delivered, and paid by
such official assignees into the Bank of Ireland, and shall from time to time
be kept there to the credit of the official assignees and of the creditors
assignee, or (if any) subject to such order and regulation for the keeping of
the account of the said moneys and other effects, and for the payment,
delivery, and investment of the same, as the Court shall direct: Provided
always, that the Court may by order sanction the official assignees retaining
in their hands, out of the moneys so received by them as aforesaid, a sum not
exceeding at any one time five hundred pounds in respect of all the estates
vested in them.][


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© 1857 Crown Copyright

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