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After Appointment of Receiver in Matter of Petition founded on Grant in custodiam, further Proceedings in custodiam to be stayed.
Providing for Continuance of Receiver appointed by the Court of Exchequer.
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XXX. And be it enacted, That from and after the pronouncing of any absolute Order for appointing or extending a Receiver in the Matter of a Petition founded on a Grant in custodiam obtained before the passing of this Act all further Proceedings in such Custodiam shall be stayed, but the Court of Exchequer shall have Power to make such Order in such Custodiam Matter for enforcing the Payment of any Rent due out of the Lands granted in custodiam at the passing of this Act, or the enforcing of any Attachment theretofore awarded, or any Order theretofore made in such Custodiam Matter, as fully as if this Act had not been passed; and every Person who shall at the Time of the passing of this Act hold any Lands under a Letting made in such Custodiam Matter shall be entitled to hold the same for the Residue of his Term as if this Act had not been passed, but not further or otherwise; and the Recognizance of such Tenant and his Sureties shall continue and be valid and binding on them respectively, and be, if necessary, put in Suit, and the Rent payable by such Tenant and not actually paid to the Custodee shall be paid to such Receiver, and the Rights of every Person who at the Time of passing this Act shall be a Party in any Suit then pending in a Court of Equity in consequence of a Grant in custodiam theretofore made, or of the Representative of a Person so made a Party in a Suit then pending shall be determined as it would be if this Act had not been made: Provided, and be it enacted, that in any Case in which a Receiver has been appointed by the Court of Exchequer in any Custodiam Matter, any Person interested in the Continuance of such Receiver shall be at liberty to present a Petition stating that Fact, and thereupon the Court shall make an Order declaring that such Receiver shall be continued in the Matter of such Petition, and the Recognizances of such Receiver and his Sureties shall be considered valid and binding on them as if they were entered into in the Matter of such Petition, and all such Proceedings shall be had in such Matter as would under this Act be had in case a Receiver was for the first Time appointed or extended under the Provisions hereof.
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