Cap. 12 Art. 950Compulsory withdrawal of things other than cash in certain cases.

(1) If the parties interested in any of the deposits referred to in article 948, fail to take the necessary steps for the disposal of the things deposited, it shall be lawful for the court, after ten years from the date of the deposit, if it consists of jewels or articles of precious metal, or after three years, if it consists of other things, upon the application of the registrar, to direct that the interested parties named in the lodgment schedule be called upon by the registrar by letter, to take the necessary steps, within such reasonable time as the court may fix; and, in default, to order the withdrawal by the owner of the things deposited, or the judicial sale thereof by auction; in the latter case, the proceeds of such sale shall be lodged in court.

(2) The proceeds so lodged shall for all purposes of the law be considered as if they were the identical thing sold.

(3) The intimation referred to in sub-article (1), if it cannot be made otherwise, may be made by means of a public notice to be posted up at the entrance of the building in which the court sits, and inserted in one or more of the periodical newspapers including in any case the Government Gazette.