CO129-377 - Governor Sir Lugard - 1911 [5] — Page 240

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4.

As regards the financial side of the

question the Official Receiver's Commission for the period

1903-1908 amounted to an average annual sum of 84,446, while in

the year 1909 it rose to $11,823 and in 1910 it reached a

total of 16,342.16. This Commission is of course credited to

Revenue. Similarly the revenue derived from stamps which

amounted in 1909 to $2,280 last year rose to $2,998. The

Government further receives large sums in the shape of un-

-claimed dividends and undistributed monies: 13,758 under

this head was paid into last year's account.

The estimated cost of the sub-depart-

-ment for the current year was $8,377 in personal emoluments

and $1,140 in other charges but from the former have to be

deducted savings on retrenchment of staff amounting to $450 and from the latter the sum of $675 on cessation of the charge

for rent.

5.

While therefore I am averse from the

3628.

creation at the present time of a separate office of Official Receiver, I am of opinion that the salary attached to the

post of Deputy Official Receiver should be increased in pro- -portion to the additional responsibilities imposed. I there- -fore recommend that the equivalent under the scheme recently

approved of the salary originally suggested by me (£540

£630

by

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