The Sun.
London, England, 1821-04-25 00:00:00

LUNATIC ESTATES.

stand 2d Geo. IV. cap. XV. An Act to authorize the Trans-
fer of Stocks, and Payment of Dividends, of Lunatics re.
siding out of England.'

[24th March 1321.]
Whereas by the laws in being, relative to the transfer of
stocks and annuities transferable at the Bank of England, all
such transfers are required to be entered and registered, and
such entries are required to be conceived in proper words for
that purpose, and to be signed by the parties making such
transfers, or (if auch parties be absent) by their attornies law-
fully authorised ; and it is also declared; that no other 'method
of assigning or transferring such stocks and annuities shall be
good and available in law : Anti whereas it bath frequently
happened, that persons haying parts of .such stocks and an-
nuities standing in their names, and residing out of England;
have become lunatic, and the personal estate of awl:• persons
has, according to the laws of the place wherein they resided,
been duly vested in curators or other personi appointed for the
management thereof : And whereas it is proper that the divi-
dends upon such stocks and annuities shouldbe paid to such
curators and other persons astforesaid; and it is also sometimes
proper and expedient that the capital of such itoclii or annui-'
ties, or some part thereof, should be transferred ; but by the
laws in being no such payment or transfer can be made,
whereby great inconveniences havearisen: For remedy whereof,'
be it enacted by the King's most excellent Majesty, by and
With the advice and consent of the Lordispiritual and teinporal,
and Commons, in this present Jitirliament 'assembled, and by
the authority of the same, That from and after'the passing of
this Act, in all cases where any such stocks or annuities trans-
ferrable, or thereafter to be made transferrable at the Bank of
England, shall be 'standirigin the name or any Perion residing
out of gngland, it shall and may be lawful for the Lord Chan-
cellor. Lord Keeper, and Commissioners of the Great Seal of
the United Kingdom of Great Britain and ireland for the time
being, upon petition and proof being made to tlee iatiSfaction cif
the Lord Chancellor, Lord Keeper, or Cernrnissioners of stich
Great Seal for the time being, that such persOn has been de-
dared lunatic, and that his or her personal estate has been
',Tested in a curator or curators, or other person or persons ap-
pointeti for the Management thereof; according to the lawS of
the place where such person shall reside, to order the Accoun-
tant General, Secretary, or DePtitySccretary.for the time be-
inp.„ of the Governor and Company Of the Bank of England, to
transfer such .stock or annuities, or any part or parts thereof,
into the name or names of any such curator or curators, or
other such person or percin.§ as aforesaid, or otherwise, and alio
to receive and pay elver the• dividonds thereof, us the Lord
Chancellor, Lord Keeper, or Commissionm of the .Great Seal
'of. the 'Tufted Kingiforn of (treat Britain and Ireland for the
time being shall think fit and direCt; and that such transfers
and payments shall be valid and effectual to all intents and
purposes whatsoetter, any former statute:, law, custom, or usage
to the contrary thereof in any wise notwithstanding.
11. And be it enacted, Thatilifi present Act shall be and is
hereby declared to be a fall and complete incleinnity and dis-
charge to the said Governor and Company of the Bank of .Eru;-
land, their Offieeti and servants, for all things done or permii-
ted to be done pnrsinuit thereto, and that the same snail not be
impeached or questioned in any Court of Lay, or Eqttity what-
toevcr to their prejudice dr detriment ; and, that this pres.,!git
Act .4.111;11 he and is hereby &ad-radio Ile and to be refintea and
taken as a public Act, to all intents and purpoies whatloOtir.