Official Receiver, until the whole amount of the rent had been realized, satisfied. "This and and the distress. agreed arrangerments. 101 made to impound the survs received by Mr Lang. A clerk was kept specially in the shop to enter all sales and receipts and payments and to make out accounts. The money collected from time to time, was wrapped up and ear marked, and deposited in a safe in the Land Office with the knowledge and sanctions of the Bailiff of the Supreme Court lora, debtor of whom the land. and creditors, some were represented by different sets of Solicitors. Mr. Shepherd had therefore at this period absolutely control over the legal money, except as bare custodian of the cafe, in which it was deposited. When the clearance sales had come to an end and the Government Auctioneer was selling the remaining stock he informed Mr. Shepherd that he could give the guarantee. This he did, the unleased by was then re the Bailiff under the Landlord's instructions and duly paid into the Bank and the distress paid off.

$7. It was not the best arrangement that might have been made and had I been Official Receiver I should have suggested that the money be paid in daily to the credit of a suspense account, but it was an arrangement which at the time, best suited all the parties, and I do not see that...

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