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The Maryland Code, Public Local Laws, 1888
Volume 390, Page 69   View pdf image (33K)
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ART. 1. ] MANUFACTURERS AND MINERS. 69

the employees, or furnishers of raw material, or any number of
them, shall appoint a receiver to take charge of the affairs of
such individual, association or body corporate, with a view to
their liquidation and settlement under the authority of the court
Everett o. Avery, 19 Md. 136. Miller B. Cumberland Factory, 26 Md. 478.
Gephart v. Starrett, 47 Md. 396.

F. L. L.. (1860, ) art. 1, sec. 100.

190. The defendant in said petition shall have a right to
answer the same and deny the facts therein stated, and the issue
shall be tried by the court at the term to which such petition
shall be presented, or at the next term of the court, if the peti-
tion be filed in vacation; but no demurrer or plea in abatement
shall be allowed, nor shall the trial of said case on any account
be postponed.

Ibid. sec. 101.

191. The receiver shall give bond in a penalty and with
security approved by the court or judge, and shall be bound and
held liable for every default, negligence or malfeasance in office.

Ibid. sec. 102.

192. The receiver shall take charge of all the personal estate,
goods, chattels, property and effects of every description what-
ever, other than real estate, of such individual, association or cor-
poration, and collect and make available the evidences of debt,
and sell and dispose of, upon such terms as the court shall direct,
the goods and chattels, and pay off and discharge the debts owing
from such individual, association or corporation, to the persons
in their employ and the furnishers of raw material, or to each a
pro rata proportion of his claim; and there shall be no priority
or preference allowed in the payment of such claims, and no
. attachment, mortgage, bond, deed, bill of sale, or deed of trusty
or other lien, except mechanics' lien, shall bind or operate as a
lien on such property or debts to the prejudice or disadvantage
of the employees or furnishers of raw materials as aforesaid; but
the said claims, all and severally, shall be first fully paid and dis-
charged, or as far as the same can be done, before any attach-
ment, execution or any mortgage, bond or deed, bill of sale, deed
of trust or other lien (except mechanics' liens) shall bind, hold,
operate or take effect.
Everett v. State, 28 Md. 190

 

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The Maryland Code, Public Local Laws, 1888
Volume 390, Page 69   View pdf image (33K)
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