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Amendment of 54 & 55 Vict. c. 31 as to security for ships engaged in postal service.
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1.—(1) For subsection (2) of section three of the Mail Ships Act, 1891, the following subsection shall be substituted:—
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“(2) The security shall be the bond of the owner guaranteed, “at his option, either—
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“(a) by one or more responsible sureties (whether natural “or corporate persons) permanently resident within the “jurisdiction of the High Court; or
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“(b) by the payment or transfer into court of cash or “of securities of the Government of the United “Kingdom.”
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(2) In subsection (5) of the same section, after the words “variation of conditions of the service,” shall be inserted the words “change in the residence or place of business or circumstances of any surety.”
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