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GAZETTE
JULY-AUGUST
1979
Visit of the Deputy Chairman of the
U.S.S.R. Supreme Court
The Director General of the Society, Mr. J. Ivers,
welcomed the Deputy Chairman of the U.S.S.R. Supreme
Court, Mr. E. M. Smolentsey who paid a visit to the
Society's premises at Blackhall Palce, during a recent visit
to this country. He was accompanied by Mr. G. M.
Zeborov, Editor of
International Life.
The Deputy
Chairman addressed public meetings in Dublin and Cork
on "Soviet Foreign Policy" and "The System of Soviet
Law".
Local Authorities Solicitors'
Association
The 7th Seminar of the Local Authorities Solicitors'
Association was held at the Society's premises at
Blackhall Place on the 24th May last. The Seminar was
opened by the President of the Society, Mr. Gerard
Hickey. Mr. Michael Murphy B.L., Legal Adviser to the
Minister for the Environment and Mr. Daniel Brilley,
Assistant Law Agent, Dublin Corporation delivered
papers at the Seminar.
Association Internationale Des
Jeunes Avocats
The Annual Conference of the Association
Internationale des jeunes Avocats will take place in
Alicante, Spain on the 17th to 21st September, 1979.
obtain further details should contact:
The themes for the Conference are:-
1. Latent defects in international Contracts for
Sale.
2. The illegitimate child — its future legal status.
3. Entry, training and working conditions of the
young lawyer.
4. Environmental pollution.
Anybody wishing to attend the Congress or to
obtain further details sould contact:-
Michael W. Carrigan,
Solicitor,
61, Fitzwilliam Square,
Dublin 2.
Telephone 785766.
T 1 Deposit
JL1 Receipts
BNP
with
Trustee Status
at
Dublin Solicitors' Bar Association
DI SCHARGEOFMORTGAGESOUTOF
PROCEEDS OF SALE
The Conveyancing Committee of the Bar Association
has for some time been considering the problems arising
from the increasingly common insertion into Contracts
for the sale of properties of a clause to the effect that "on
closing the Purchaser will accept the vendor's Solicitor's
undertaking to discharge out of the proceeds of the sale
the mortgage in favour of the Building Society".
While appreciating the practical reasons which give
rise to such a clause, the Committee feel that the practice
of inserting such clauses in Contracts is not desirable.
The Committee recommends instead, that a clause to
the following effect would deal with the difficulties which
arise in paying off mortgages where sales are being closed
and would avoid the undesirable consequences of the
clause above mentioned: "When furnishing the
Apportionment Account for the closing of the sale, the
vendor's Solicitors will furnish to the purchaser's
Solicitors a statement from the vendor's Mortgagees
setting out the amount required to redeem the mortgage
as at the closing date together with the accruing daily rate
of interest thereafter and, on closing, the purchaser will
furnish to the vendor separate Bank Drafts for the
amount required to redeem the mortgage and for the
balance of the purchase monies respectively and the
vendor will forthwith discharge the mortgage debt to the
vendor's Mortgagees and will furnish to the purchaser
proper evidence of such discharge and will furnish to the
purchaser such release of the mortgage as may be
appropriate."
BANQUE NATIONALE DE PARIS (Ireland) LTD.
Ill Griffon Stmt, Dublin 2
ifrom.
Deposit Receipt
£
9 4
TEL 01-712811