272. Stop order as notice.

(ii)     Stop Orders on Funds in Court

272.     Stop order as notice.

Where the subject of the security is a fund in court, the obtaining of a stop order relating to that fund1 gives the same priority as notice to the trustees with regard to funds in their hands2 and notice to the trustees is ineffectual3; but notice to the trustees before the payment of the fund into court continues to be effectual notwithstanding a stop order obtained by another incumbrancer4, although the trustee himself will not, without obtaining a stop order,