CORPORATIONS 817

administrator shall relieve such corporation from any and all liability
whatsoever to any person claiming as the principal, cestui que trust, as-
signee, owner or holder of such certificate alleged to be lost or destroyed or
the dividends payable in respect thereto, under the following conditions:

(a) After such administrator of such holder of record as agent or trus-
tee of said certificate of stock has given the aforesaid ten days' notice in
writing to said corporation, he shall cause to be advertised in a newspaper
published in the county or city where he was granted his letters of adminis-
tration, once a week for four successive weeks, the fact that he gave to said
corporation the required ten days' notice in writing, and that a certificate
for a certain number of shares of the capital stock of such corporation were
more than thirty years ago issued to his intestate as agent or trustee, and
that it is unknown to him who said principal or cestui que trust may be,
and that no person except the administrator of such agent or trustee made
claim to said certificate for more than thirty years, and that said certificate
has been lost or destroyed, and also that the said stock represented by the
said lost or destroyed certificate and all dividends payable in respect thereto
are claimed by said administrator for the purpose of distributing and ac-
counting for the same to the person or persons entitled thereto, and that
further, at least two weeks after the last advertisement hereof, said admin-
istrator, unless said corporation issues and delivers unto him such new
certificate in the place of the one lost or destroyed and pay over and deliver
to him as such administrator all dividends payable in respect thereto, will
institute suit for the same, and said notice shall warn any and all persons,
except said administrator, to produce to the said corporation on or before
the expiration of two weeks after the last advertisement hereof as aforesaid,
a statement in writing and under the oath of such claimant or his adminis-
trator, of the origin, circumstances and grounds upon which his claim as
principal or cestui que trust to said stock and dividends is asserted as well
as the reasons for his delay in asserting title thereto.

(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 corporation, 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 be 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