|
ART. 47] INSOLVENTS. 36 &
board, by and with the advice and consent of the Senate at the
session of 1896, he is hereby authorized to make such appoint-
ment, subject to the approval of the Senate at its next session.
1898, ch. 282.
12. After the first day of January, 1900, the superintendent
of immigration shall proceed to collect statistics and information
concerning the various branches of industry in this State and
the needs thereof.
ARTICLE XLVII.
INSOLVENTS.
|
14. Deeds, etc, containing prefer-
ences in cases of insolvency,
not valid. Exceptions.
15. Wages of employes of insol-
vents, are preferred claims.
18 Powers of clerks of circuit courts
in insolvent cases.
22. What shall constitute acts of in-
solvency.
24. Burden of proof as to bona fide
deeds, etc., in insolvency must
be with the grantor and
grantee.
|
25. When right of mortgagee to sell
property of insolvents is not
affected by filing of petition
for insolvency.
33 A. This article is not to be con-
strued to render invalid bona
fide assignments for the bene-
fit of creditors.
34. This article shall apply to mar-
ried women engaged in busi-
ness as feme sole.
|
1890, ch. 864. 1896, ch. 184. 1896, ch. 446.
14. No deed or conveyance executed, or lien created by any
person being insolvent or in contemplation of insolvency, save
as hereinafter provided, shall be lawful or valid if the same shall
contain any preference, save such as result from operation of law,
and save those for the wages or salaries to clerks, servants, sales-
men and employes contracted not more than three months
anterior to the execution thereof; and all preferences, with the
exceptions aforesaid, shall be void, howsoever the same may be
made; provided, the grantor or party creating said lien or pre-
ference shall be proceeded against under section 23 of this article,
or shall apply for the benefit of this article under section 1 within
four months after the recording of the deed or conveyance or the
creation of said lien or preference, and shall be declared or shall
become, under the provisions of this article, an insolvent; pro-
|
 |
