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The monthly balances of the Official Trustee averaged in 1881 $53,745 and for 339 the first eight months of 1882 $59,389.
Since 1879 the number of accounts opened in the Ledger has been 351. During 1881 the number of accounts open averaged for Intestate 25, Bankrupts 31, Deposits 9. During the half year ending 30th June the accounts open averaged Intestates 30, Bankrupts 28, Deposits 9. In July the accounts open were Intestates 10, Bankrupt 26, Deposits 12.
As Official Trustee in 1881 the average amount on fixed deposit was $24,784.15 and on Mortgage $22,501.08, and in 1882 for the first seven months the average amount on fixed deposit was $31,922.55, and on Mortgage $26.603.
As Registrar, Official Assignce, Administrator &c., the average amount on fixed deposit in 1881 was $65,629.89 and on Mortgage $1,200.00 and in 1882 for the first seven months the average on fixed deposit was $76,930.87, and on Mortgage $3,428.
As Official Trustee at the end of July 1882, had in his hands for 12 different Estates $61,069.09 of which $28,516 was placed on fixed deposits and $32,317.75 on
Mortgage.
As Registrar at the end of July 1882 there was due to Intestate Estates $14,303.29 to Bankrupt estates $32,850.82 and for amounts deposited in Court $99,410.59 together $146,564.70 of which $78,776.22 was on fixed Deposit, $4,000 on Mortgage, and $63,612.25 in the Bank on current account.
The Registrar has now therefore to deal with an account of considerable magnitude involving as it does a Debit and Credit account of upwards of $200,000 on each side of
the account.
As Official Assignee the Registrar has various duties to perform even where Creditors' Assignees are appointed. He has to take charge of the Bankrupts' estate from the date of adjudication until the appointment of Creditors' Assignee to see that the necessary advertisements are inserted in the proper newspapers, to receive and scrutinize the proofs of debts, to preside at the first meeting of Creditors and after a Creditors assignee is appointed to supervise him in the duties of his office and particu- larly to call for and scrutinize his accounts. He has also to see to the safe custody of moneys in his hands.
Where no Creditors Assignee is appointed, his duties are vastly increased.
1st. Out of 238 Bankruptcies from May 1865 to August 1882, Creditors' Assignees have only been appointed in 22 and since 1876 the date when the fecs received by the Registrar as Official Assignee were paid over to the Government out of 97. Bankruptcies Creditors' Assignees have been appointed in 16. When the Registrar received the fees, I do not say that it was the fact but it was only natural that in large Estates which would yield a good Commission the appointment of Cre- ditors' Assignees should be discouraged by him. It was also only natural that the
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