92 HISTORICAL SKETCH OF THE ("iv. 



IV. 



THE PRESENT GENERAL REGISTRATION ACT. 



THE objections which I pointed out, as having 

 been fatal to the usefulness of the former Act, apply 

 also to the present (the Land Transfer Act, 1875. 

 38 & 39 Viet. c. 87), viz., the expense and possible 

 danger which must be incurred in order to obtain 

 registration. An indisputable title, subject or not 

 subject to specified qualifications, cannot be granted 

 without the rigid investigation requisite to prove 

 that there exist no valid latent claims. 



Nor is it clear that the advantages to be derived 

 from the possession of an indisputable title under 

 the Act are such as to counterbalance these objec- 

 tions. 



The object of the Act appears to be the assimila- 

 tion, as far as practicable, of the method of convey- 

 ing land to that which is in force for transferring 

 Government stock. 



If stock is entered in the books kept by the Bank 

 of England in the name of one or more persons, the 



