§ MR. HOWELL (Bethual Green, N.E.)I beg to ask the Chancellor of the Exchequer whether he can inform the House when the final dividend will be paid to the depositors in the Cardiff Savings Bank, and what the amount of the final dividend will be; whether those who refused the composition offered in the first instance will be paid on the full amount due, or only on the same terms as the other depositors who accepted 17s. 6d. in the £1; and whether he can state to the House the total cost of the liquidation, inclusive of all law expenses, to date?
§ THE CHANCELLOR OF THE EXCHEQUER (Sir W. HARCOURT,) DerbyI am informed by the Official Liquidator that he is now, with the sanction of the Court, engaged in distributing the first and final dividend to the depositors in the Cardiff Savings Bank. The dividend amounts to 3s. in the £1 on the balance found by the Court to be due to each depositor. Each depositor will be paid on the full amount so found to be due to him. The remuneration and costs are 1645 fixed and allowed by the Court. The total amount cannot yet be stated, but is expected to come out at about £9,600.