364 INSOLVENTS. [ART. 47

vided, that nothing in this section shall apply so as to set aside or
render invalid the lien of any such judgments, mortgage or other
conveyance executed by the debtor for money bone fide loaned
or paid at the time of the creation of such judgments, mortgage
or conveyance, but such shall remain a valid and subsisting lien,
although the debtor may be proceeded against under or may
apply for the benefit of this article.

Brown v. Smark, 69 Md,, 320. Hinkelman v. Fey, 79 Md., 114. Pfaff v.
Prag, 79 Md, 871. Willison v. Frostburg Bank, 80 Md, 211. Nicholson v.
Schmucker, 81 Md, 464. Vogler v. Rosenthal, 85 Md., 45.

1896, ch. 184.

15. Whenever any person or body corporate shall make an
assignment for the benefit of his, her or its creditors, or shall be
adjudicated insolvent upon his, her or its petition, or upon the
petition of any creditor or creditors, or shall have his, her or its
property or estate taken possession of by a receiver under a
decree of a court of equity, in the distribution of the property
or estate of such person or body corporate, all the money due and
owing from such person or body corporate for wages or, salaries
to clerks, servants, salesmen or employes contracted not more
than three months anterior to the execution of such assignment,
adjudication of insolvency, or appointment of receiver, shall first
be paid in full out of such property or estate, after pay ment of the
proper and legitimate cost, expenses, taxes and commissions, and
shall be preferred to all claims against the property and estate of
such insolvent person or body corporate, except the lien claims of
such persons as shall hold liens upon such property or estate,
recorded at least three months prior to such assignment, adjudica-
tion or decree.

Ellicott Machine Co. v. Speed, 72 Md., 24. Lewis v. Fisher, 80 Md., 140.
Casualty Ins. Co. 's Case, 82 Md., 567-8. Roberts v. Edie, 85 Md., 183.
Hess v. Jewell, 85 Md., 236. Parlett v. Dugan, 85 Md., 410.

1894, ch. 93.

18. The clerks of the circuit courts may receive the petitions
under this article, and appoint the preliminary trustee mentioned in
this article, and approve his bond, as well as the bond of the
permanent trustee; take acknowledgments to the deeds to the
preliminary and permanent trustees, and fix the day or days for