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...
And
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
voney
collected
from time to time, was wrap- ped up and ear marked,
and
deposited in
a safe in
the Land Office with the know- ledge 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
trol
I Lo
over
the
legat
money,
,
carro
except as
bare
138
bare custodian of the cafe, in
which it
was deposited. When the clearance sales had come
to
atv
end and the Government.
Auctioneer was
selling the re-
maining stock he informed Mr. Shepherd that he could
ve the
quarantee. This he
money
giver did, the un
leased by
was then re
the Bailiff under the
Landlordé instructions and
duly paid into the Bank and the distress paid off.
$7.
رو
was not the best
arrangement that
might have been made and had I been Official Receiver I should have
sted that the
suggested -paid in
daily,
ва
to the credit
money
suspense account,
-arrangement
atv
but it
it which
at the time, best suited all
the parties,
and I do not see
that
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