Mr. H. H. McLEAN:
I think that the position taken by the Solicitor General is absolutely correct. These official bonds are given to the officers of the court and the officers of the court, on default, by order of the court, will sue on the bonds for the moneys which, upon recovery, are paid to the credit of the estate. That is the practice in regard to official bonds of that description. We have very many cases of that kind and there has never been any difficulty in working it out in a practical way. It would not be necessary to add the clause suggested by the hon. member (Mr. Jacobs). It seems to be sufficiently stated in the clause in the Bill. The bond can be enforced by the officers of the court subject to the direction of the court.
Topic: BANKRUPTCY ACT.