§ Colonel M'CALMONTasked whether landlords in Ireland now selling their property have been notified to come to a decision by 1st April as to whether they will accept all stock in payment, half stock and half cash, or cash only; and whether any guarantee as to priority of payment can be given in respect of these proposals?
652W
§ Mr. BIRRELL:The notice issued by the Estates Commissioners in pursuance of the Regulations made by the Lord Lieutenant on 15th February has reference, not to landlords who are now selling their property, but to those whose estates are the subject of pending purchase agreements as defined by Section 13 of the Irish Land Act, 1909. The Commissioners by their notice invite vendors of such estates who may desire that advances in their cases may be made in whole or part in stock to make application to them before 1st April next. The Regulations themselves lay down the method of determining the priorities in such cases.