The Gazette 1952-1955

Vol. 46 No. 10

April, 1953

T H E G A Z E T T E of the INCORPORATED LAW SOCIETY OF IRELAND

President J ambs R . Q uirke

Vice-Presidents

Secretary

J ohn C arrigan

E ric A . P lunkett

J ames J . O ’C onnor

FOR CIRCULATION AMONG MEMBERS

MEETINGS OF THE COUNCIL M arch 12th. The President in the Chair. Also present: Messrs. John Carrigan and James J. O’Connor, Vice-Presidents; Patrick F. O’Reilly, Henry St. J. Blake, Thomas A. O’Reilly, Gerald J. O’Donnell, Arthur Cox, Patrick R. Boyd, John J. Sheil, John R. Halpin, George G. Overend, Ralph J. Walker, Cornelius J. Daly, Charles J. Downing, Francis Lanigan, John Maher, John B. Jermyn, Peter E. O’Connell, Maurice M. Power, Sean (5 hUadhaigh, William J. Norman, Francis J. Gearty, Joseph P. Tyrrell, Desmond J. Mayne, Reginald J. Nolan, Joseph Barrett, John J. Nash. The following was among the business transacted : Stamp Duties T he Council considered a report from a Committee on the subject o f the stamp duties payable where property is conveyed to promoters for the purposes o f a company not yet formed. The report o f the

Committee was adopted. A copy of a memorandum submitted to the Revenue Commissioners is printed in this issue. Stamp duties on purchase o f property by trustees for charities and religious bodies T he Council considered and adopted a report from a Committee on this subject. A memorandum submitted to the Revenue Commissioners is printed below. Undertaking by Solicitor AB acted for the owner o f a house which was subject to a first mortgage in favour o f clients of CD. A B ’s client was in financial difficulties and CD agreed with AB that the latter would sell the premises and that the property would be distributed in a certain way so that A B ’s client might stay in business. CD lent the documents o f title to AB on an accountable receipt in which AB undertook to indemnify CD’s clients against any loss which they might suffer as the result of handing over the