Charging Order

By 1 & 2 Vict. c. 110, §§ 14-16, and 3 & 4 Vict. c. 82, when judgment has been recovered in an action, a judge at chambers may make an order that any government stock, funds, or annuities, or any stock or shares in a public company in England, standing in the name of the judgment debtor in his own right, or in the name of any person as trustee for him, shall stand charged with the payment of the judgment debt. Smith, Actions, 211; Rules of Court, xlvi, 1. The effect is to prevent the transfer of the stock, and to give the judgment creditor all the remedies which he would have been entitled to if the charge had been made in his favor by the judgment debtor, but he cannot enforce it until six months from the date of the order. 1 & 2 Vict. c. 110, § 14; Pish. Mortg. 113 et seq.