Evening star., 1938-08-18

port or account, verified by his oath,
in which he shall fully and clearly
set forth the nature Of all assets held
by him in such nduciary capacity;
the place or places where anf trust
moneys or securities, real and per-
sonal; whether the same were re-
ceived by him in the form as parts Of
the trust estate. or are investments
made by him; the name or names of
the surety or sureties; the amount of
the penalty of the bond or under
taking; the date of filing such bond
or undertaking and the amount OF the
estate at that time. AS soon as such
report or account shall have been
filed, 1t shall be the duty Of the clerk
to note the filing thereof upon the
docket of the cause or proceeding, and
forthwith transmit the same to the
auditor for examination and vertical
tion; the auditor shall as soon as may
be, at some convenient time and place
to be fixed by him or by the court,
cause such trustee, committee, re-
ceiver or other flduciary to exhibit to
him all the securities reported by such
trustee, committee, receiver or other
fiduciary; and ascertain whether or
not the same correspond with such
report or account; and he shall also
examine and ascertain the correctness
or incorrectness of the statements of
the report or account, with respect to
all deposits of money stated in said
account or report as existing when
the report or account is filed; and the
auditor shall Immediately file with
the clerk written report of the re-
suit Of such examination and vertical
ton.
Whenever the estate in the hands
OF fiduciary has increased sub
stantially in value since the penalty
OF the bond or undertaking was fixed
the fiduciary shall call the matter to
the attention Of the court and for
failure to do so a fiduciary may be
removed and successor appointed.
2. The auditor is authorized to de-
mand and receive for his services the
following fees, unless the court other
wise order:
Where the assets of the estate shall
not exceed $500, no fee.
Where the assets exceed $500, and
do not exceed $1,000, fee 81.
Where the assets exceed $1,000, and
do not exceed $4,000, fee 81.
Where the assets exceed $4,000 and
do not exceed $4,000, fee So.
"harc the =
do not exceed $4,000, fee 81.
Where the assets exceed $4,000 and
do not exceed $4,000. fee IS.
Where the assets exceed $50,0 900.
fee $40.
In cases in which a fiduciary has
reasonable grounds to fear that Sc
curlties in his custody may be lost if
transported by him to and from the
office of the auditor. such fiduciary
may require the securities to be
examined and checked by the auditor
at the place in the District Of Colum-
bia where they are kept. In such
cases, the auditor is authorized to
demand and receive a fee of $500, in
addition to the fees hereinbefore au-
thorized, but such additional fee shall
not be allowed as a credit in the &C.
count of such flduciary unless the
court be of opinion that the expendi-
ture thereof was justified:
3. The clerk shall, as soon as prac-
ticable after the first day of May in
each year, report to the court the
names of all trustees, committees, re-
ceivers or other fiduciaries amenable
to this rule, designating such as have
failed to comply with the same; and
any trustee, committee, receiver or
other flduciary who fails to comply
Herewith shall be held thereby to
have forfeited his ofice, and the court
snail forthwith appoint a successor un.
less the court, for cause shown, ex-
cuse such failure. And the clerk shall
not receive for filing after the thir-
tleth day OF April of each wear any
report or account hereinbefore or
dered to be filed within thirty DAYS
prior to the first day of May. without
an order of the court made upon
cause shown.