That is the case now; but at the times when the scenes mentioned in the petition were received, viz: in 1865 & 1868, the Registrar had no account with any Bank but paid at once direct into the Treasury all sums he received, and no interest was or could be allowed on any sums paid in, because at that time the Government kept all its money in the Treasury vault.
The sums of $1,161.41, $2,533.34 and $3,679.79 were carried to the credit of a separate Ledger account opened for the purpose, and were placed together with all other monies in the vault at the Government Offices; interest appears to the credit of this account. A copy of which is annexed.
On the 1st September, 1869, the Colonial Treasurer opened an account current with the Oriental Bank and a sum of $161,450 was transferred on that date from the Treasury vault to the said Bank. Government was allowed 2% per annum on the balance of its account current.
The sums in the Petition mentioned might have been called for at any moment and there was no order of any Court directing their investment or any regulation or custom requiring it to be done. In fact these sums were not invested.
The Petitioner might have claimed these sums at any time, and as his ignorance prevented him from doing so, it is his own fault if he did not receive his money sooner. It is certainly not the fault of the Government.
The Petitioner has no legal claim for any interest and I submit he has no moral claim.
It is not shown anywhere that these three sums were vested, or that the Government was required to invest them. The fact that Government received interest from a Bank on the balance of its account current can give the Petitioner no claim of any sort whatever.
Moreover his prayer is restricted to any interest appearing by the Book of the Registrar of the Court or the Book or Books of the Bank. Now in no book whatever does it appear that any interest was received on these sums.
(Signed) Edw. J. Ackroyd
Acting Attorney General
Hongkong, 7th October, 1886.
Page 450
Page 451
That is the case now; but at the times when the scenes mentioned in the petition
were received, viz: in 1865 +1868, the Registrar had no account with
any Bank but paid at once direct into the Treasury
all ouns he received, and no interest was
or could be allowed on
any
RUA MAN
0o---
-paid in, because at that time the
Sovernment kept all its money in the Treasury vault.
The caus
of $1,161.41,$2,533.34 and were carried to the credit of
separate Ledger
$3,679.79 Nong Cheung
in a
account opened for the purpose, and were
placed together with all other monies in
the vault at the Government Offices;
this account.
interest appears to the credit
to the credit of this. copy of which is annexed.
On the 1th September, 1869, the Colonial
Freasurer
opened. with the Oriental Bank and a sum
an account current in
of
161,450 was trausferred on bloe from the Treasury vault to the said Bank.
Government
Government
448
was allowed 2% per
annuum on the balance of its
account current.
The suns in the Petition mentioned
suus
might have been called for at any
and there
wao wło
order of any
directing their investment or
moment
Court
any
regulation or custom requiring it to be done. In fact there
sumo were not inverted.
The letitioner might have claimed
these sums at
sus at any time, and as
his
excepting
hien doing
nothing
ignorance prevented
Ieubruit that it is his own
fault if he did not receive his
cooner. It is
Government.
certainly not the
uconey
fault of
The Petitioner has us legal claim
for any interest and I submit he has
no moral claim.
tio
It is not shown anywhere that
evert.
these three sumo were vested, or that
Governcuent
the more.
was required to invest them fact that Government ___
1 from
received interest
aBank on the
balance
Page 450Page 451
balance of ik
́account current can
"
anie give
the Petitioner no placar of any sort whation.
Morcover his poceyer is restricted to
any
interest appearing by the Book of the Registrar of the Court or the Book or Books of the Bank. Now in no
book whatever doce
appear
true.
any interest.
to have been received on these
(Signed) Edw. J. Ackroyd
Acting Attorney General
Hougkong, 7th October, 1886.
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