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Clement Dorsey. The general public statutory law and public local law of the state of Maryland : from the year 1692 to 1839 inclusive, with annotations thereto,and a copious index.
Volume 141, Page 762   View pdf image (33K)
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762

LAWS OF MARYLAND.— 1820.

 

and the said trustee shall forthwith, upon such permission,

 

under the direction of the court, return into the possession of

 

the insolvent debtor, from whom he originally received the

 

same, all the property and estate conveyed to him by the said

 

. insolvent debtor, or so much thereof as may then be remaining

 

in his possession, subject nevertheless to such exceptions as

 

may herein after be excepted, and it shall be the duty of the

 

said trustee, so surrendering as aforesaid, to return to the said

 

county court a schedule of such property so surrendered, and

 

thereupon the deed, originally conveying the same to the said

 

trustee, shall thenceforth be deemed and taken to be void as

 

regards the said property so returned, and upon the said surren-

 

der being made, and schedule returned as aforesaid, the said

 

trustee shall thereupon be discharged from the execution of any

 

further or future obligation or duty arising out of his appoint-

 

ment as trustee for the creditors of said insolvent debtor.

Court may

SEC. 6. And be it enacted. That the county court shall in

allow
trustee sur-

their discretion, allow the trustees assigning or surrendering

rendering

their trusts by virtue of this act, to retain such portion of the

trusts, to
retain

said trust estates, as may be necessary for the payment of any

portion of
estate, &c.

debts due, or to become due, by the said trustees in virtue of

 

their appointments as trustees of the said insolvent debtors, and

 

also for the payment of such commission, not exceeding eight

 

per cent, as the court may deem a reasonable compensation to

 

the said trustees for their services.

Any surplus

SEC. 7. And be it enacted. That if any surplus should remain

remaining
in his

in the hands of the said trustees after they shall have paid the

hands, to be

debts and retained the commission for which such allowance

accounted
for, &c.

was made, they shall, under the order and direction of the

 

county court, account for the same, and pay the same over, in

 

case of a surrender of the trust, to the said insolvent debtor, or

 

in his absence to the said court, who shall hold the same, sub-

 

ject to the order of the said insolvent debtor, and in case of an

 

assignment of the trust as provided by this act, to the trustee to

 

whom such assignment was made.

 

CHAPTER 197.

 

An ACT respecting the Bond to be given by the Register of the Court

 

of Chancery.

Bond may

Be it enacted, by the General Assembly of Maryland, That

be approved

the securities in the bond required by law to be given by

and probat
of witnesses

the register of the court of chancery, may be approved, and the

taken be-
fore chief

probat of the witnesses thereto may be taken by the chief

judge or

judge, or an associate judge of any of the judicial districts of

any
associate.

this state, and such bond, when so approved and taken, shall

 

be as good and valid as if the same had been taken in the

 

manner now required by law.



 
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Please view image to verify text. To report an error, please contact us.
Clement Dorsey. The general public statutory law and public local law of the state of Maryland : from the year 1692 to 1839 inclusive, with annotations thereto,and a copious index.
Volume 141, Page 762   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


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