90 tories.
25 & 26 Vict. c. 89 s. 102.
Power to order payment into bank.
Ib. s. 103.
Regulation of bank account.
No. 1. THE ORDINANCES OF HONGKONG: [A.D. 1865.
insufficiency of the assets of the company, make calls on and order payment thereof by all or any of the contributories for the time being settled on the list of contributories, to the extent of their liability, for payment of all or any sums it considers necessary to satisfy the debts and liabilities of the company, and the costs, charges, and expenses of winding it up, and for the adjustment of the rights of the contributories among themselves.
(2.) The Court may, in making a call, take into consideration the probability that some of the contributories on whom the same is made may partly or wholly fail to pay their respective portions of the same.
151. The Court may order any contributory, purchaser, or other person from whom money is due to the company to pay the same into some banking establishment in this Colony to be named by the Court or to the account of the official liquidator instead of to the official liquidator, and such order may be enforced in the same manner as if it had directed payment to the official liquidator.
152. All moneys, bills, notes, and other securities paid and delivered into such bank so to be named as aforesaid in the event of a company being wound up by the Court shall be subject to such order and regulation for the keeping of the account of such moneys and other effects, and for the payment and delivery in, or investment and payment and delivery out, of the same as the Court may direct.
Case of representative of deceased contributory not paying moneys ordered.
Ib. s. 105.
Conclusive effect of order on contributory.
Ib. s. 106.
Power to exclude creditors not proving in time.
Ib. s. 107.
153. If any person who is made a contributory as personal representative of a deceased contributory makes default in paying any sum ordered to be paid by him, proceedings may be taken for administering the personal and real estates of such deceased contributory, or either of such estates, and of compelling payment thereout of the moneys due.
154. (1.) Any order made by the Court in pursuance of this Ordinance on any contributory shall be conclusive evidence that the moneys, if any, thereby appearing to be due or ordered to be paid are due.
(2.) All other pertinent matters stated in such order are to be taken to be truly stated as against all persons and in all proceedings whatsoever, with the exception of proceedings taken against the real estate of any deceased contributory, in which case such order shall only be primâ facie evidence for the purpose of charging his real estate, unless his heirs or devisees were on the list of contributories at the time of the order being made.
155. The Court may fix a certain day or certain days on or within which creditors of the company are to prove their debts or claims or to be excluded from the benefit of any distribution made before such debts are proved,
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