The Gazette 1911-12

127

APRIL, 1912] The Gazette of the Incorporated Law Society of Ireland.

" transferable in the books of the Banks of " England and Ireland under the National " Debt Act, 1870." Regulations, dated the 15th February, 1912, have been made by the Bank of Ireland, with the concurrence of the Treasury, under the above-recited section. The regulations apply to Consols, £2 10s. per cent, annuities, £2 15s. annuities, Local Loans Stocks, and Guaranteed £2 15s. and £3 per cent, stocks (Irish Land Stocks). A holder of any of the above-mentioned stocks who desires that the stock standing in his name should be registered as stock trans ferable by deed must lodge in the Bank of Ireland a demand, the form of which is contained in the schedule to the regulations, and a fee of half-a-crown. The certificate of the registration of the stock will be sub sequently either delivered by hand or sent by post. A holder who desires stock removed from the transfer by deed register to books must lodge in the Bank of Ireland a demand, the form of which is contained in the schedule to the regulations, and a fee of one shilling. The certificate of inscription and the register certificate for the balance (if any) will be either delivered by hand or sent by post. Stock may be registered in one or more names. The regulations contain a form of deed of transfer to be used in transferring stock which has been registered as stock transferable by deed. The regulations can be obtained from Messrs. Ponsonby, Ltd., 116 Grafton Street, Dublin, and cost one penny. The Public Trustee, Ireland. UNDER Section 38 (1) (a) of the Irish Land Act, 1909, the Public Trustee publishes the following list of additional securities in which investments have been approved by the Public Trustee, Ireland, since the' list pub lished on 29th December, 1911, and which appeared in the GAZETTE of January, 1912, page 80 :— Note.— Trustees desiring to invest purchase money under Section 38 (1) (a) must in every case make direct application to the Public Trustee, Ireland, for his sanction.

Irish Office,

Old Queen Street, S.W.,

22nd March, 1912.

DEAR SIR, Mr. Birrell desires me to say that he has noted your request, which seems to him to be a very reasonable one, that the Incor- portated Law Society should be given an opportunity of seeing the suggestions of the County Court Judges on the question of County Court procedure before the intro duction of legislation on the subject. Yours faithfully, (Signed), T. P. LEFANU. P. J. Brady, Esq., M.P. Transfer of Government Stock by Deed. SECTION 17 of the Finance Act, 1911, provides as follows :— " (1) Notwithstanding anything in section " twenty-two of the National Debt Act, 1870, " any stock belonging to a stock-holder shall, " if registered for the time being as stock " transferable by deed in manner provided " by regulations made under this section, be " transferable by deed instead of in the " manner provided by that section. " The Banks of England and Ireland res- " pectively, with the concurrence of the " Treasury, shall provide by regulations for a " separate stock register being kept for stock " which is for the time being transferable by " deed, for the conditions upon which stock " is'to be entered in or removed from that " register, for the mode in which the transfer " by deed is to be carried out, and for the " payment of any fees in respect of the entry " or removal of stock from the register and " the carrying out of any transfer of stock by " deed. The provisions of the National Debt " Act, 1870, and any Act amending the same, " shall apply to stock transferable in the " books of the Banks of England or Ireland, " except so far as express provision is made " to the contrary by this section or by the " regulations made thereunder. " (2) No stamp duty shall be payable in " respect of any deed of transfer of the stock. " (3) In this section the expression ' stock ' " means any stock which is for the time being