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The Maryland Code Public General Laws, 1904
Volume 393, Page 1318   View pdf image (33K)
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1818 INSOLVENTS. [ART. 47

ment of his separate debts, such balance shall be added to the
joint stock for the payment of the joint creditors; and if there
is any balance of the joint stock after payment of the joint
debts, such balance shall be appropriated to and divided
among the separate estates of the several partners according
to their respective rights and interest therein, and as it would
have been if the partnership had been dissolved without any
insolvency; and the sum so appropriated to the separate
estate of each partner shall be applied to the payment of his
separate debts; the discharge shall be granted or refused to
each partner as the same would or ought to be if the proceed-
ings had been against him alone; in all other respects the
proceedings by or against partners shall be conducted in
like manner as if they had been commenced and conducted
by or against one person alone; all the provisions of this
article which apply to the debtor, or set forth his duties in
regard to furnishing schedules or inventories, executing papers,
submitting to examinations, disclosing, making over, secret-
ing, concealing, conveying, assigning or paying away his
money or property, shall in a like manner, and with like
force, effect and penalties, apply to each and every member
of said copartnership, and the money and property thereof;
all payments, conveyances1 and assignments and preferences
declared fraudulent and void by this article when made by
a debtor shall in like manner and to the like extent and like
remedies be fraudulent and void when made by a copartner-
ship; when limited partnerships are subject to insolvency pio-
ceedings, the separate estates and the separate debts of the
special partners shall not be subject to such proceedings.

Armstrong v. Martin, 57 Md. 397. Second Nat. Bank v. Willing, 66 Md.
315.

1888, art. 47, sec. 29. 1884, ch 295, sec. 30.

29. Where a person proceeded against in insolvency shall
depart from or be absent from this State, or conceal himself to
avoid service of process, the court in which such proceedings
are pending shall have the same power to affect said persons,
or their estates as is now given in suits in chancery against
non-residents, or against persons who may be proceeded against
as non-residents, except that the insolvent court shall fix the
time of notice by publication, in its discretion; and where
personal service has been made upon a party outside the State,
it shall have like discretion in setting said petitions or other
matters for hearing; but when a copartnership is the subject


 

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The Maryland Code Public General Laws, 1904
Volume 393, Page 1318   View pdf image (33K)
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