HC Deb 26 July 1904 vol 138 c1215

I beg to ask the Chief Secretary to the Lord-Lieutenant of Ireland if he will state what are the functions and powers of the Loan Fund Board for Ireland; whether it is compulsory on their auditors to summon debenture holders before them in order to compare their debentures with the entries on the local society's hooks; and, if so, are entries made by such auditors in verification of such debentures.


The functions and powers of the Board are enumerated in the Act 6 and 7 Vic. cap. 91. The reply to the second part of the Question is in the negative. Such an arrangement would be impracticable, as many of the debenture holders live at a considerable distance from the offices of the local loan fund societies.