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Session Laws, 1880
Volume 395, Page 265   View pdf image (33K)
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WILLIAM T. HAMILTON, ESQUIRE, GOVERNOR. 285

the property of every description, rights and claims


of the insolvent, as well such as are enumerated


and described in his schedule, as also all other prop-


erty, rights and claims not so enumerated and de-


scribed in his schedule, shall vest in the said trustee,


with the exceptions stated in the foregoing section ;


and it shall be the duty of the said preliminary

Duty of pre-

trustee, immediately, to cause notice to be trans-

liminary trus-

mitted by mail to each of the creditors mentioned

tees.

in the schedule, addressed to them at their re-


spective places of abode, or of business, so far as


mentioned in the schedule, or known to him, giving


notice to such creditors of the pendency of pro-


ceedings in insolvency in relation to the estate


of the insolvent, and requiring them to appear


at a place and time to be named, not less than five


nor more than ten days from the mailing of the no-


tices, to choose a permanent trustee for the estate of

Choose per-

such insolvent, and the place of meeting shall be in

manent trus-
tee

the county or city in which the debtor resides; and


said preliminary trustee shall cause like notice to be


given to all creditors generally of the insolvent, by a


notice inserted once in some newspaper in the county


of the debtor's residence, and by two insertions in


some daily newspapers published in the city of Bal-
timore, when the debtor is a resident of such city. At


the time and place named, it shall be the duty of the


clerk or deputy clerk mentioned in sections sixteen


and seventeen of this article, and of the debtor and


the preliminary trustee, to appear, and the said clerk


or deputy clerk shall preside at such meeting; there-


upon the creditors present having proven their claims


in accordance with the rules to be prescribed by the


court as hereinafter provided, shall proceed to the


election of a permanent trustee for said estate, and


the person who shall receive the votes of the greater


number of said creditors, and of those holding the


greater amount of indebtedness, shall be elected such


permanent trustee, subject, however, to the approval


of the court or one of the judges thereof; and if the


creditors fail to attend, or any person fails to obtain


the requisite majority of number and amount of


creditors, as before provided, or if the person elected


be, in the, opinion of the court, an unsuitable person

Court may

to execute the duties of the office of trustee, the court

appoint

shall appoint some person to act as permanent trustee;




 

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Session Laws, 1880
Volume 395, Page 265   View pdf image (33K)
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