III.   Fund

A Bankruptcy Court, is a type of publicly mandated and privately owned form of legal administration fundamentally associated with a type of Assurance Fund originally known as “Fund arising from Fees in Bankruptcy” first created in 1821 (2Geo4. C.115) whereby assurance was given to the Crown and the Bank of England as to the repayment of monies provided to establish the court and transfer of any excessive profits; and to the High Court of Chancery as to the payment of fees and good conduct of accounts generated by charging the Estate of Bankrupts.