§ Immediately on the expiration of four months from the date of the deliverance actually awarding sequestration, unless the dividend is accelerated as hereinafter provided, the trustee shall proceed to make up a state of the whole estate of the bankrupt, of the funds recovered by him, and of the property outstanding (specifying the cause why it has not been recovered), and also an account of his intromissions, and generally of his management; and within fourteen days after the expiration of the said four months the Commissioners shall meet and examine such state and account and ascertain whether the trustee has lodged the moneys recovered by him in bank or not, and if he has failed to do so they shall debit him with a sum at the rate of twenty pounds on every hundred pounds not so lodged, and so after that rate on any larger or smaller sum, being not less than fifty pounds; and they shall audit his accounts, and settle the amount of his commission, and authorise him to take credit for such commission in his accounts 1188 with the estate; and they shall certify, by a writing under their hands engrossed or copied in the sederunt book, the balance due to or by the trustee in his account with the estate as at the expiration of the said four months; and they shall declare whether any and what part of the net produce of the estate, after making a reasonable deduction for future contingencies, shall be divided among the creditors.
§ Amendments made: After the word "pounds" ["at the rate of twenty pounds"] insert the words "per annum."
§ After the word "commission" ["and settle the amount of his commission"] insert the words "or fee."]
§ After the word "commission" ["to take credit for such commission"] insert the words "or fee."