36.
Provision should also be made
for the Assignees
or
trustees handing
over to the insolvent
any
surplus which
may
exist: on the eventical.
Winding up of the Estate. nothing is said
about the assignees
(Y
trustees being obliged.
pay
from time to time to declare and
hands. Indeed
dividends out of the funds in their no machinery is ~ prescribed for the distribution of the Insolvents Estate at all, and it does
not appear that the Creditons have much control over the precedings of the assignces or trustees after thing have appointed them.
Sec. 4444
once
By Mr. Purdon.
fairly-
is not comprehensible - Perhaps the
"Creditor" in second line should read
408
"debtor" but the debtor's name must appear
as
in a trust deed of that nature. If sometimes happens there actually result a surplus the trustee holds it for the former deblo's advantage - A short statement of
the native and
effect there of " - whild not
I suppose include amounts owing to each
@reditor. These latter generally
are aberse
such
publicity Is it
for a jung
or a
judge
alone to
Sec. 520 54.
tru
a mis deneanant under this clause-
the bias of legal sinds is strongly against
all trading except
of solvency as
от
such assurance
as not one trader in ten
Cares to make. The views of gadge
اله
jonny as to what is "rash and
hazardous