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Court of Chancery or Exchequer may appoint Persons to transfer Stock in the Bank of Ireland, &c.
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II. And be it further enacted, That when and so often as any Stocks, Funds, Annuities or Securities transferable in the Books of the Governor and Company of the Bank of Ireland, or of any other Company or Society established or to be established in Ireland, shall be standing in the Name of or otherwise vested in any Person or Persons, as a Trustee or Trustees, or the legal personal Representative of a Trustee or Trustees, who shall be out of the Jurisdiction of or not amenable to the Process of the Court of Chancery or Exchequer in Ireland, or it shall be unknown or uncertain whether such Person or Persons be living or dead, or such Person or Persons shall refuse to transfer such Stocks, Funds, Annuities or Securities, or to receive and pay over the Dividends thereof to the Person or Persons entitled thereto or as such Person or Persons shall direct, or to a new Trustee or Trustees, duly appointed by virtue of some Power or Authority, or by the said Court of Chancery or Exchequer, either alone or together with any continuing Trustee or Trustees (as Occasion shall require), then and in every such Case it shall be lawful for the said Court of Chancery or Exchequer to appoint such Person or Persons as to such Court shall seem meet, being an Officer of such Company or Society, to transfer or join with the other Trustee or Trustees, or Representative or Representatives (if any) in transferring such Stocks, Funds, Annuities or Securities to or into the Name or Names of such Person or Persons, and in such Manner as such Court of Chancery or Exchequer shall think proper and direct; and also to order any Person or Persons appointed as aforesaid to receive and pay over the Interest, Dividends or Annual Produce of such Stocks, Funds, Annuities and Securities, in such Manner as such Court of Chancery or Exchequer shall direct; and every such Transfer, Receipt and Payment shall be as valid and effectual as if the Trustee or Trustees, Representative or Representatives, had, by himself, herself or themselves, transferred, received and paid such Stocks, Funds, Annuities or Securities, or Interest, Dividends and Annual Produce.
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