HC Deb 14 August 1916 vol 85 cc1443-4W

asked the, Vice-President of the Department of Agriculture (Ireland) when he will distribute the residue of the loan funds which is now lying on deposit to the investors who may be entitled to the same?


It is presumed that this question refers to the cases of those loan fund societies in Ireland which have for some time been in the hands of receivers. In the case of five of these societies steps are being taken by the Department to wind them up, and as soon as the amount of the, costs of so doing has been ascer-

tained, the surplus available will be divided pro rata amongst the debenture-holders. In the case of the remaining societies the receivers have not yet reported that the collection of the outstand-

ing amounts has been completed. The whole matter is receiving the Department's attention.