ARTICLE 47.
INSOLVENTS.
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1. Petition by; what to contain.
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21. Powers of insolvent clerk of court of
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2. Court to appoint preliminary trustee;
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common pleas of Baltimore City.
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duty of ; election of permanent trus-
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22. What commissions to trustee allowed.
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tee.
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23. Allegations by creditors.
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3. Creditors may appoint parties to act
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24. What acts constitute acts of insol-
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for them.
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vency.
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4. Court may order insolvent to appear
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25. What petition by creditor against in-
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at any time; notice.
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solvent shall contain; proceedings.
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5. Discharge of.
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26. Burden of proof as to bona fide deeds,
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6. Discharge of not to release others liable
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etc., in insolvency must be upon
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as endorsers, etc.
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grantor and grantee.
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7. Who shall not be entitled to release.
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27. When right of mortgagee to sell prop-
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8. Fraud or undue preferences to be void.
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erty of insolvent is not affected by
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9. Judgment confessed to give undue
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filing of petition for insolvency.
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preference void.
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28. Clerks to keep book to be called "in-
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10 Creditors colluding with insolvent ; pen-
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solvent record."
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alty.
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29. Discharge, how pleaded.
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11. Estates of, to be distributed under or-
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30. Proceedings by or against co-partner-
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der of court; no lien acquired after
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ships.
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filing of petition.
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31. Proceedings when party proceeded
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12. Court may remove trustee.
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against leaves State.
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13. Bonds of trustees; new bonds; proof
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32. Preparation by insolvent of schedule.
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of claims.
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and lists of debts; delivery of prop-
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14. Deeds, etc., containing preferences in
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erty to trustee; penalty.
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cases of insolvency, not valid. Ex-
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33. Appeal; bond required.
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ceptions.
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34. Article not to apply to fines or for-
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15. Three months' wages and commissions
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feitures.
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of employees are preferred claims.
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35. Discharge not to release judgment for
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16. Three months' rent are preferred claims.
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seduction of female, or for defaming
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17. Advancements by common carriers.
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any female.
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18. Proceedings when notice not given, or
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36. This article is not construed to render
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when insolvent fails to appear.
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invalid bona, fide assignments for
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19. Property not mentioned in schedule,
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benefit of creditors.
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how treated.
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37. This article shall apply to married wo-
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20. Powers of clerks of circuit courts in
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men engaged in business as femes
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insolvent cases.
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sole.
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An. Code, 1924, sec. 1. 1912, sec. 1. 1904, sec. 1. 1888, sec. 1. 1854, ch. 193, sec. 1.
1880, ch. 172.
1. Any person being insolvent may apply by petition to the circuit
court for the county where such insolvent resides, or to the court of com-
mon pleas of Baltimore City, if the insolvent resides in the city of Balti-
more, stating that he is insolvent, and offering to deliver up for the benefit
of his creditors all of his property, real and personal, and exhibiting there-
with a schedule of his property, and a list of the debts due from and owing
to him, with the names of his debtors and creditors, and their respective
As to fraudulent conveyances, see art. 39B.
