HC Deb 10 May 1900 vol 82 c1257
MR. T. B. CURRAN (Sligo, S.)

I beg to ask the Chief Secretary to the Lord Lieutenant of Ireland what is the usual system of payment to receivers appointed over loan fund societies in Ireland; will he explain why, when Mr. Baird, the present receiver over the dissolved loan fund society at Carndonagh, refused to accept the usual receivership fees, special arrangements wore entered into between the meetings of the Loan Fund Board on 29th January and 26th February last, whereby he might receive commission and percentage equivalent to £50 per annum; and whether the members of the Loan Fund Board were consulted in the matter.


Receivers appointed by the Loan Fund Board are usually paid a percentage upon the amounts collected by them. A suggestion was made by the Inspector of Loan Funds that the receiver over the Cardonagh Society should be paid a sum of £50 for a year's work, but the suggestion was not approved of by the Board, and the receiver subsequently accepted the appointment upon the Board's terms —namely, that he should be paid a percentage at a rate to be hereafter determined. The reply to the third paragraph is in the affirmative.