Mr. VICTOR GEOFFRION moved for leave to introduce Bill (No. 59) respecting the jurisdiction of the Exchequer Court as to railway debts. He said : This Bill is for the purpose of correcting an apparent oversight in the Act which it proposes to amend. In the province of Quebec all sales made by judicial authority, under the Winding Up Act, in insolvency proceedings, have the effect of clearing the movable property sold of all incumbrances, privileges, hypotheques and mortgages, so as to give to the purchaser a clear title to the property. It is obvious that a sale under this Act ordered by the Exchequer Court should have the same effect as when ordered by the judge of a superior court, it should have the same effect as in a sale made by a sheriff. Of course, we should give the same authority to the Exchequer Court, because otherwise the law would be unworkable. A difficulty of this kind arose in the case of the South Shore Railway, which was offered for sale under this Act by the Exchequer Court, but nobody would buy it because the Exchequer Court could not give a clear title. It is clear that a hypothecary creditor would not suffer any more prejudice in a sale made by order of the Exchequer Court than in an ordinary sale by a sheriff, because we can rely upon the judge to see that the sale is properly advertised ; and, of course, the creditor could protect himself in bidding at the sale to see that the property was sold at its full value. If it is sold at its full value, no one can suffer any prejudice. This, briefly, is the purpose of the Bill.