CORPORATIONS. 683

(b) If, within-said period of time for producing said statement to said
corporation, such statement required as aforesaid, and satisfactory, under
the provisions hereof to said corporations, be not forthcoming, the said
corporation shall issue and deliver to said administrator a new certificate
of stock in the place of that alleged to he lost or destroyed, and also deliver
and pay over to him all dividends payable in respect thereto.

(c) Before making distribution the said administrator shall give notice
once a week for four successive weeks in some newspaper published in the
county or city, where his letters of administration were granted, to all
persons having any claims to said certificate and the dividends payable in
respect thereto, to file their claims in the Orphans' Court that granted the
letters of administration to said administrator within sixty days from the
expiration of said notice, and that in failing so to do, distribution thereof
will be made on a certain day therein named without any remedy or re-
course on their part against said administrator, but that the distributive
shares may be followed into the hands of the distributees the same as if
this section had never been passed.

(d) Before any distribution of the said shares of said stock or the divi-
dends received by said administrator, or the proceeds thereof is made, the
persons entitled thereto shall respectively give bond with adequate security
to be approved by the Orphans' Court aforesaid, in such sum and form as
it shall direct, conditioned that if the true and lawful principal, cestui que
trust or assignee, if any there be, or his personal representative shall be
established and proven they will respectively on demand refund the amounts
received by each with interest thereon. If any such person is unable to
furnish the security his share shall be converted into money, and under the
direction of said Orphans' Court the proceeds thereof and his share in
money, shall be safely invested under the direction of said Court; the
accruing interest to be paid to the person entitled; the money to remain
invested until the security given or the said Orphans' Court on application
shall order it paid to the person entitled.

(e) Costs and all expenses of every nature and kind incident to these
proceedings shall be paid out of said shares of stock and dividends afore-
said of the estate. Provided, however, that the procedure provided by this
section is cumulative and not exclusive, and nothing in this section con-
tained is to be taken or construed as limiting in any way the right of any
party who claims to be entitled to a new certificate of stock in place of a
lost or destroyed certificate which was issued in the manner hereinbefore
indicated, to have his, her or its right to such new certificate determined
and adjudicated, without regard to this section, by resort to and judgment
of any court of law or equity which would have jurisdiction to determine
and adjudicate such right in the event that this section had never been
passed; and provided further, that the procedure herein provided for shall
not be the exclusive remedy in any cases already instituted or suits now
pending, growing out of the loss of a certificate of stock issued in the name
of an agent or trustee.