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Session Laws, 1880
Volume 395, Page 267   View pdf image (33K)
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WILLIAM T. HAMILTON, ESQUIRE, GOVERNOR. 267

13. No deed or conveyance executed, or lien cre-


ated by any banker, broker, merchant, manufacturer


or trader, being insolvent or in contemplation of in-


solvency, shall be lawful or valid if the same shall


contain any preferences, save such as result from


operation of law, and save those for the payment of


wages or salaries to clerks, servants and employees


contracted not more than three months anterior to

When unlaw-

the execution thereof, and all preferences with the ex-

ful.

ceptions aforesaid, shall be void, howsoever the same


be made ; provided the grantor or party creating the


said lien or preference shall be proceeded against


under section twenty-four, or apply for the benefit


of this act under section one of said act, within sixty


days after the recording of the deed or conveyance,


or the creation of the said lien or preference, and


shall be declared, or shall become, under the pro-


visions of this act, an insolvent.


14. If the notice to creditors hereby required


shall not be given, or if the insolvent shall fail to

Failure to no-

appear upon any occasion upon which his appear-

tify

ance is required, the court may, in its discretion,


fix another day and order new notice.


16. The clerks of the Circuit Courts may receive


the petitions under this article, and appoint the pre-


liminary trustee mentioned in this article, and ap-


prove his bond, as well as the bond of the permanent


trustee ; take acknowledgments to the deeds to the

Fix day to

preliminary and permanent trustees, and fix the day

appear.

or days for the insolvent to appear and answer in-


terrogatories or allegations, and order notices to be


given to the creditors under such rules as the Cir-


cuit Court may prescribe, and shall receive as com-


pensation one dollar.


17. The clerk of the Court of Common Pleas of


Baltimore city may appoint, from among the clerks


in his office, one who shall have the power vested in


the clerks of the circuit courts by the preceding


sections of this article, and shall also have power to

Compensa-

receive the answers of insolvents to interrogatories,

tion.

and to report on such interrogatories and answers to


the court, and who shall receive such compensation


as said clerk of the Court of Common Pleas of Bal-




 

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Session Laws, 1880
Volume 395, Page 267   View pdf image (33K)
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