§ Mr. WAKEFIELDasked the President of the Board of Trade whether all the claims against the Hearts of Oak Assurance Company, Limited, have been dealt with; and whether he can now give a date when the liquidator will declare a dividend?
§ Mr. RUNCIMANThe majority of the claims against the company have now been dealt with and the first dividend will be paid on the 23rd December. There are, however, a number of "free paid up" policies the owners of which it has not yet been possible to trace, as well as certain juvenile endowment1938W assurances the ownership of which remains to be determined. In these cases dividends will be paid as and when possible.
§ Admiral Sir R. KEYESasked the President of the Board of Trade when a settlement can be expected by the creditors of the Hearts of Oak Assurance Company, which was wound up in 1932 and placed in the hands of a liquidator?
§ Mr. RUNCIMANI would refer my hon. and gallant Friend to the answer given to-day to the hon. Member for Swindon (Mr. Wakefield), of which I am sending him a copy.