The sun. [volume] (New York [N.Y.]) 1833-1916, 1897-09-06
UNCLAIMED MONEY! IN ENGLAND.
Some Facts About the Amount or Money watt
Ing for owners 10 appear.

Some Facts About the Amount or Money Watt
Ing for owners 20 ippear.
During tho last Parliamentary session several
important returns relating to unclaimed funds
in English Government departments have been
issued by order OF the House OF Commons. A
London lawyer has compiled the following In
tercsting extracts from these returns:
Funds in chancery-Tho receipts and trans
fers into the Supreme Court Of Judicaturo
tEnglandl during the year ending Feb. 20, 1895.
were S76,9l6 .2s5. This sum, added to the bal.
Rnce in hand on March /. 1895, makes a grand
total OF 1888. si2.os6. After payments out of
Court to successful claimants and others,
amounting to $s5,l7s,24O. there remained ON
hand in cash and securities on Feb. %, 1895,
the large balance of S29s. 663. SAG. exclusive of
a large item under the head OF Foreign Secu-
rites" The proportion OF this balance. which
may be classod as unclaimed" Is not stated,
but no less than Sl1. 639, no has been appropri-
ated. in the absence OF claimants. to various
objects. The Consolidated Fund is liable In
respect Of this appropriation in the event of
legitimate heirs at any time substantiatinR
their claims. Thenumber Of "%suitors' accounts
is 49.92I. OF which some 5000 relate to funds
UNCLAIMED between the years l72o,ls77.-
The funds in the Supreme Court Of Judica-
d 5G5e q 5 iHs c On s c 81 Sjiv l lsie6 , Tsrs 2 s2 : zoe;
is not stated. More than Sl.25o.ooo. part Of
FA.Nt AiliNaEs - bONh
toward building the Law Courts and Law Ii
brary in Dublin. Unclaimed dividends on Gov.
eminent stock due and not demanded. on April
s75; on Oct, Z, si,444,03o, and on Jan. 2 last.
8 .326,5l5. The greater portion of these sums
was advanced to the Government. pursuant to
act of Parliament. till claimants appear The
ernment stock dividends is about s25. ooo. 600.
The Consolidated Fund is liable in respect OF q
sum of 50. zoe. 500. part OF the unclaimed money
arising from bankrupts' estates. The ENchequcr
Is also liable in the sum OF Sl9S. 1886. interest ON
South Sea stock, paid over to the Government
between the years 1si5-52.
Intestatcs' estates in England to the value OF
S23S.2.5 fell TO the Crown during 1896 in tho
absence OF heirs or by reason OF Megitimacy.
the year were S626,315. and, after payment Of
tn" Crowns share of estates. grants next tn kin.
&C.. the balances on Dec. 81 last were $500. 9S5.
A similar return relating 10 iniestates' estates
In Scotland shows that on the same date tho
Queens Remembrance had balances in hand
amounting TO S2ol .5S5.
The balance of unclaimed army prize money
in hand on March 81, 1896. WINS $3s5. 800. It Is
Interesting TO not, that, during The year imme,
diatcly preceding that date. only So! was paid
TO soldiers or their representatives while $s,100
WAS utilized toward the maintenance OF Chelsea
Hospital and grounds.
The unclaimed effects OF soldiers. accumulated
since 1863. have reached tho large sum OF S1OA,-
2io. This fund has been transferred to the
Patriotic Fund Commissioners naval prize
money. The balance of unclaimed naval prize
money due to sailors or their representative on
March 81, 1896. was 81. 3 900. There arc
also considerable sums on hand arising from I'M
claimed wages and effects OF deCc tsed seamen.
1t has been suggested that the state should
have CUSTODY Of unclaimed funds now in tho
hands OF bankers and others, but the Chancellor
OF the Exchequcr found he could not approve
legislation which would direct these funds to
that channel.