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The Maryland Code, Public General Laws, 1888
Volume 389, Page 828   View pdf image
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828 INSOLVENTS—PETITION. [ART. 47.

P. G. L., (1860,) art. 48, 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 common pleas of Baltimore city, if the insolvent
resides in the city of Baltimore, stating that he is insolvent, and
offering to deliver up, for the benefit of his creditors, all his
property, real and personal, and exhibiting therewith 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 re-
spective places of business or residence, so far as known to the
insolvent, all verified by affidavit; and shall annex to his petition
an affidavit that he will deliver up and convey to such trustee as
may be appointed, for the benefit of his creditors, all the prop-

erty, estate, rights and claims of every description, to which he is
in any manner entitled; the necessary wearing apparel and bed-

ding of himself and family, and such property as may, by law,
be exempted from execution, excepted; and that he hae not at
any time sold, lessened, transferred or disposed of any part of
his money or other property for the use or benefit of any person,
or intrusted any part of his money or other property, debts,
rights or claims, thereby intending to delay or defraud his cred-
itors, or any of them, or to secure the same so as to receive, or

expect to receive, any profit, benefit or advantage himself there-
from; provided, that the said applicant has at no time within
two years previous to said application been discharged under any
insolvent law of this State.

Bowie v. Jones, 1 Gill, 208. Teackle v. Crosby, 14 Md 14 State v. Culler,
18 Md. 432. Jaeger v. Requardt, 25 Md. 231. Bramble v. State, 41 Md. 435.
belief Bldg. Ass'n v. Schmidt, 55 Md. 97. Gable v. Scott, 56 Md. 183. State

v. Boulden, 57 Md. 314.

P. G. L., (1860,) art. 48, sec. 2. 1854, ch. 193, sec. 2. 1880, ch. 172.

2. The court, or one of the judges thereof, shall then appoint
a preliminary trustee, who shall give bond to the State, with
surety or sureties to be approved by the judges or clerk of said

court, in such penalty as the court, or one of the judges thereof,
may prescribe, for the faithful discharge of his trust; and
the insolvent shall immediately convey to such trustee all his
property and estate of every description; and upon the approval
of such bond, whether such conveyance has been made or not, all

 

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The Maryland Code, Public General Laws, 1888
Volume 389, Page 828   View pdf image
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