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HENRY LLOYD, ESQUIRE, GOVERNOR
ferences, save such as result from operation
of law, and save those for the wages or salaries
to clerks, servants and employees contracted
not more than three months anterior to the
execution thereof, and all preferences, with
the exceptions aforesaid, shall be void, how-
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527
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soever the same may be made; provided, the
grantor or party creating said lien or prefer-
ence shall be proceeded against under section
twenty-four, or shall apply for the benefit of
this act under section one, within four months
after the recording of the deed or conveyance,
or the creation of said lien or preference, and
shall be declared, or shall become, under the
provisions of this act an insolvent.
23. Any person who shall depart from or
remain absent from this State with intent to
hinder, delay or defraud his creditors, or con-
ceal himself to avoid service upon him in any
action for the recovery of a debt, and any
person who conceals or removes any of his
property to prevent the same from being
taken under legal process, or makes any as-
signment, gift, sale, conveyance or transfer of
all or part of his estate or property, with the
intent to delay, hinder or defraud his credi-
tors, or belonging to any of the classes men-
tioned in section thirteen of this act when
insolvent or in contemplation of insolvency,
executes a deed or conveyance giving pref-
erences, creates a lien making any unlawful
preferences as therein stated, or otherwise
gives such preferences, or belonging to said
last-mentioned classes, when insolvent or in
contemplation of insolvency, confesses any
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Preferences
void.
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judgment or allows any judgment to be entered
against him by any connivance, or belonging
to any of said classes, when insolvent or in con-
templation of insolvency, fraudulently stops
payment or suspends payment of his negotia-
ble paper and fails to resume the payment
thereof within twenty days, or, being a banker
or broker, shall fail for twenty days to pay any
depositor on demand lawfully made, shall be
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Acts of Insol-
vency.
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