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Session Laws, 1884 Session
Volume 424, Page 407   View pdf image (33K)
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ROBERT M. McLANE, ESQUIRE, GOVERNOR.

407

of account or other property (unless the execution of


said order of adjudication be suspended at the time by


the filing of an appeal bond as provided under section


twenty of this article); and the court which had so


adjudicated said insolvent may thereupon proceed to


enforce the execution and delivery by him of said

Enforce execu.-
tiou.

schedule and list of debts, and the delivery of his said


books of account and all other property to which his


said preliminary trustee may be entitled, by fine and


imprisonment, as in other cases of contempt for disobe-


dience to or non-performance of its order; and in all


cases where, from any cause whatsoever, any person


who has been or shall hereafter be adjudicated an in-


solvent under this article shall not have executed and


delivered such schedule and lists of debts within ten


days after his adjudication, it shall be the duty of his


preliminary trustee to make out a list of his creditors

File list of

from the best information he can obtain, and to file

creditors.

the same with the clerk of the court by which the


said insolvent was adjudicated; and said trustee shall


be at liberty to amend said list from time to time ;


and all notices addressed to each of the creditors


mentioned in said list shall have the same force and


validity for all purposes whatsoever as if said list of


creditors had been prepared and returned by the in-


solvent himself, along with his schedule and list of


debts, and verified by his affidavit, as required by the


provision of this article.


SEC. 13. No deed or conveyance executed, or lien


created by any banker, stock-broker, merchant, manu-


facturer or trader, being insolvent or in contemplation


of insolvency, 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 wages or sala-


ries to clerks, servants and employees, contracted not


more than three months anterior to the execution


thereof, and all preferences, with the exceptions afore-

When nor law
ful or valid.

said, shall be void, howsoever the same be made;


provided the grantor or party creating the said lien


or preference shall be proceeded against under sections


twenty-four and twenty-four A, or apply for the benefit


of this act under section one within sixty days after


the recording of the deed or conveyance, or the crea-


tion of the said lien or preference, and shall be de-


clared or shall become, under the provisions of this


act, an insolvent.




 
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Session Laws, 1884 Session
Volume 424, Page 407   View pdf image (33K)
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