An Index to All the Reported Cases, Statutes and General Orders, in or Relating to the Principles, Pleading, and Practice of Equity and Bankruptcy in the Several Courts of Equity in England and Ireland, the Privy Council and the House of

An Index to All the Reported Cases, Statutes and General Orders, in or Relating to the Principles, Pleading, and Practice of Equity and Bankruptcy in the Several Courts of Equity in England and Ireland, the Privy Council and the House of

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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1831 edition. Excerpt: ...should amount to a eompetent sum, at interest, on government or other securities, which he neglected to do. The court, therefore, directed that he should pay interest at four per cent, from the time of the decree till the infant came of age; and it is no excuse for the receiver that the master did not give any directions about it, for it was his duty to remind the master to lay out the surplus rents when they should amount to a competent sum. That buildings and farms were in a ruinous condition, and tenants often breaking, will not justify a receiver's keeping the balance in his hands, for it is not to be supposed he could exhaust the whole money received from the rents of the estate. So where a receiver settles his accounts, and delivers the vouchers to the infant, only two days after he came of age, it shall have no weight, though the infant admitted the balance, and received it without objection. Hicks v. Hicks, 3 Atk. 274. Vide Lotisdnfe v. Church, 3 Bro. C. C. 41. Adams v. Gale, 2 Atk. 106. Interest, When I-ay 4. Security by, and liabilities and rights of sureties for. A receiver, who had omitted to account regularly, became bankrupt, being indebted to the trust estate in a large sum, and for some time no steps were taken to have the accounts duly passed: Held, that under the particular circumstances of the case, his sureties were not liable to pay interest on the balance found due from him, though he himself, if solvent, would have had to pay such interest. Semble. That in general the sureties of a receiver are answerable for such interest as well as for such principal as the receiver himself is liable to pay. jfjou-son v. Raynes, 2 Iluss. 466. Principal & Surety. Receiver appointed, on application of executor, to collect assets in...show more

Product details

  • Paperback | 926 pages
  • 189 x 246 x 46mm | 1,619g
  • Rarebooksclub.com
  • Miami Fl, United States
  • English
  • black & white illustrations
  • 1236622987
  • 9781236622983