shall be received at the Chancery Pay Office, the Paymaster General shall file a certificate of such payment, transfer, or deposit, and shall therein state the title of the cause or matter to which such amount of money or securities has been placed in the books at the Chancery Pay Office; and an office copy of such certificate of the Paymaster General shall be received as evidence of the payment or transfer into, or deposit in, Court therein mentioned having been made. 1872 suance of an 17. Securities in Court shall not be sold, transferred, or delivered Funds in Court not to out, and money in Court shall not be paid out or invested in secu- be dealt with rities (except in the case provided for by Rule 3 of the 41st of the except in purConsolidated Orders of the Court, and in the case provided for by Order. the 40th of these Rules), and money or securities in Court shall not be carried over, and a certificate shall not be issued for the sale, transfer, or delivery of securities in Court, unless in pursuance of an order, or of a certificate of a Master in Lunacy, as authorized by the Lunacy Regulation Act, 1853, and any General Orders made thereunder. money out of Court. 18. When money in Court is to be paid out (except in the cases Payment of hereinafter provided for), the Paymaster General shall cause a cheque to be prepared, stating the title of the cause or matter in the books at the Chancery Pay Office to which the money paid is to be debited, the date of the Order or other authority in pursuance of which, and the name of the person to whom, the payment is to be made, and such other particulars of such payment as the Paymaster General may deem necessary; and such cheque, duly endorsed by the payee named therein, or his lawful attorney, shall be a good discharge to the Paymaster General for the amount therein mentioned. of periodical 19. Money in Court periodically payable at the commencement Continuation of these Rules, shall continue to be payable by the Paymaster payments. General in pursuance, and on the authority, of the entries of the cheques for periodical payments in the receipt books in the Accountant General's Office, or of such other documents as the Accountant General has been accustomed to use in the preparation of such cheques, without the pro-luction of the Orders and 1872 Accountant other documents in pursuance whereof such payments are made, Renewal of 20. When cheques have been signed by the present Accountant Substitution of transfers for payments Payment and transfer to repre- of deceased 21. When money in Court is payable to the Ecclesiastical Commissioners for England, the Official Trustees of Charitable Funds, the Official Liquidator of any Company, the Commissioners for the Reduction of the National Debt, or to any other official persons for whom an account is kept at the Bank, the Order shall direct the amount so payable to be transferred, upon the requisition of the official persons to whom it is due, to the proper account (citing it), at the Bank, of such official persons. And the Paymaster General shall, upon receiving such requisition, direct the Bank to write off from the Chancery Pay Office Account the amount so payable, and to place it to the account at the Bank mentioned in such Order, and shall debit the proper account in the books at the Chancery Pay Office therewith. 22. When money in Court is payable, or securities in Court are transferable or deliverable to any person named or described in an Order (except to a person therein expressed to be entitled as a trustee, executor, or administrator, or entitled in any character other than in his own right), the same, or any portion thereof for the time being remaining unpaid or untransferred or undelivered, may, on proof of the death of such person, whether before, on, or after the date of such Order, be paid or transferred or delivered to the legal personal representatives of such deceased person, or to the survivors or survivor of them; and when money in Court is by an Order directed to be paid to any persons described in an Order or a Chief Clerk's certificate as co-partners, such money may be paid to any one or more of such co-partners. General may in Orders 23. When an Order, or a certificate of a Master in Lunacy, 1872 directs the carrying over of money or securities in Court, or the Paymaster investment, or placing on deposit (subject to Rule 52), or payment defer acting out of money in Court, the Paymaster General may defer giving on directions effect to such direction until a request in writing to give effect without rethereto has been left at the Chancery Pay Office; but it shall be the duty of the solicitor for the person having the carriage of such Order or certificate to leave it and such request at the Chancery Pay Office without unnecessary delay. quest. of money. 24. When money in Court is, in pursuance of an Order as Investment defined by the 2nd of these Rules, or of Rule 3 of the 41st of the Consolidated Orders of the Court, or of a request as provided for by the 40th of these Rules, to be invested in specified securities, the Paymaster General shall direct the money to be paid to the broker conditionally upon his causing such securities to be transferred or deposited to the account of the Paymaster General for the time being on behalf of the Court of Chancery, and the cheque for such money shall specify the title of the cause or matter to which the securities purchased are to be placed in the books at the Chancery Pay Office; and the Bank, or body corporate, or company, in whose books or with whom the transfer or deposit of such securities shall be made or registered, shall cause a certificate of such transfer or deposit to be issued, and such a certificate purporting to be issued by the Bank, or body corporate, or company aforesaid, shall be sufficient evidence, for all purposes, that such transfer or deposit as therein mentioned has been actually made; and the securities so transferred or deposited shall be placed in the books at the Chancery Pay Office to the same credit as that to which the said money was standing at the time of such investment, unless the Order authorizing such investment shall otherwise direct. securities. 25. When securities in Court are to be sold, the Paymaster Sale of General shall issue a direction to the Bank to receive the proceeds of such sale, and to place them to the Chancery Pay Office Account, and shall specify in such direction the title of the cause or matter to the credit of which such proceeds are to be placed in the books 1872 Transfer of securities out of Court. Application of dividends accruing thereon. at the Chancery Pay Office, and such title shall be the title of the cause or matter to the credit of which the securities were standing at the time of such sale; and the Bank, or body corporate, or company, in whose books, or with whom, the securities to be sold are standing or deposited, shall, upon the production of the receipt from the Bank for the proceeds of the sale, and of a certificate of a Registrar of the Court, or a Master or Registrar in Lunacy, countersigned by the Paymaster General, authorizing such sale, cause the transfer or delivery of the securities necessary to complete the sale, to be made by their proper officer. 26. When securities in Court are to be transferred or delivered out, the Paymaster General shall issue a direction for such transfer or delivery, and specify in such direction the title of the cause or matter to the credit of which such securities shall be standing in the books at the Chancery Pay Office, and the amount and description of the securities to be transferred or delivered, and the name of the person to whom the transfer or delivery is to be made; and upon the receipt of such direction, and of a certificate of a Registrar of the Court, or a Master or Registrar in Lunacy, countersigned by the Paymaster General, authorizing such transfer or delivery, the Bank, or body corporate, or company, in whose books, or with whom, such securities shall be standing or deposited, shall cause such transfer or delivery to be made by their proper officer, and shall send such direction to the Chancery Pay Office, with a certificate thereon that the transfer or delivery therein mentioned has been made to the person named therein. 27. When securities in Court are directed to be transferred or delivered out, dividends accruing thereon subsequently to the date of the Order directing the transfer or delivery (when the amount of the securities to be transferred or delivered is specified in such Order, or, if not so specified, then subsequently to the time when the amount of such securities is ascertained), shall be paid to the persons to whom the securities are to be transferred or delivered, unless such Order otherwise directs. And when, pursuant to a general or other previous Order, dividends have been invested, which, but for such investment, would, under the Order directing the transfer or delivery, be payable to the persons to whom the securities on which they have accrued are directed to be transferred or delivered; the securities purchased with such dividends, and any dividends accrued in respect thereof, shall, unless otherwise directed, be transferred or delivered and paid to the same persons; and the Registrars of the Court, and the Masters and Registrar in Lunacy, may, upon production to them of a certificate of such investment, issue certificates for such transfer or delivery ; and when securities in Court are directed to be realised, and the whole of the proceeds paid out or carried over in one sum or in aliquot parts, any dividends accruing on such securities subsequent to the date of the Order directing the realisation, if the amount of such securities is specified in the Order, or, if not so specified, subsequent to the time when such amount is ascertained, shall be added to such proceeds, and applied in like manner therewith, unless such Order otherwise directs. 1872 of securities 28. When a specific amount of Government securities in Court Conversion (consisting of not less than £1000 Consolidated £3 per Centum substituted Annuities, or £1000 Reduced £3 per Centum Annuities, or £1000 for sale. New £3 per Centum Annuities) shall be required to be realised, the Order, instead of directing a sale of such securities, shall direct the same to be converted into cash, unless the Court on pronouncing such Order shall otherwise direct, and thereupon such securities shall be transferred to the Commissioners for the Reduction of the National Debt on behalf of the Court of Chancery, as provided by the 52nd of these Rules, and no such conversion shall be made of an amount less than £1000 of such securities, except for the purpose of placing on deposit the value of such securities. for sale, &c., 29. Every certificate for the sale, transfer, or delivery of securi- Certificates ties in Court shall express the exact amount of money to be raised of securities. by sale, or the exact amount and description of securities to be sold, transferred, or delivered out; and no such certificate shall be issued by a Master in Lunacy, except on the production of an office copy of the report of a Master in Lunacy confirmed by fiat; nor by the Registrar in Lunacy, except on the production of an office copy of the Order in Lunacy; nor by a Registrar of the Court, except on |