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Executors, &c. may transfer, &c., stocks or funds held by the deceased as trustee, on making an affidavit of the fact; 130.Where the executors or administrators of any person deceased shall be desirous of transferring or of receiving the dividends of any share standing in the name of the deceased of and in any of the government or parliamentary stocks or funds transferable at the Bank of Ireland, or of and in the stock and funds of the Bank of Ireland, or of and in the stock or funds of any other company, corporation, or society whatsoever, passing by transfer in the books of such company, corporation, or society, under and by virtue of any such probate or letters of administration as aforesaid, and shall allege that the deceased was possessed thereof or entitled thereto either wholly or partially as a trustee, it shall be lawful for the Bank of Ireland, and for any such other company, corporation, or society as aforesaid, or their respective officers, for their indemnity and protection, to require such affidavit or affirmation of the fact as herein-after is mentioned, if the fact shall not otherwise satisfactorily appear, and thereupon to permit such executors or administrators to transfer the stock or fund in question, or receive the dividends thereof, without regard to the amount of the stamp duty on the probate of the will of the deceased or letters of administration of his or her effects; and where the executors or administrators of any person deceased shall have occasion to recover any debt or debts, or any other personal effects, due or apparently belonging to the deceased, and shall allege that the deceased was possessed thereof or entitled thereto either wholly or partially as a trustee, it shall be lawful for the person or persons liable to pay or deliver such debt or debts or other effects to require such affidavit or affirmation of the fact as herein-after is mentioned, if the fact shall not otherwise satisfactorily appear, and thereupon to pay, deliver, or make over the debt or debts or other effects in question to such executors or administrators, or as they shall direct, without regard to the amount of the stamp duty on the probate of the will of the deceased or the letters of administration of his or her effects; and where the executors or administrators of any person deceased shall have occasion to assign or transfer any debt or debts due to the deceased, or any chattels real or other personal effects whereof or whereto the deceased was possessed or entitled, and shall allege that the same respectively was or were due to or vested in the deceased either wholly or partially as a trustee, it shall be lawful for the person or persons, to whom or for whose use such debt or debts, chattels real or other personal effects shall be proposed to be assigned or transferred, to require such affidavit or affirmation of the fact as herein-after is mentioned, if the fact shall not otherwise satisfactorily appear, and thereupon to accept the proposed assignment or transfer, without regard to the amount of the stamp duty on the probate of the will of the deceased or the letters of administration of his or her effects in Ireland.
© 1816 Crown Copyright
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URL: http://www.bailii.org/nie/legis/num_act/pda1816213/s130.html