EDWIN WARFIELD, ESQ., GOVERNOR.

759

18. It shall be the duty of every person who shall bargain
for or purchase any stock of goods, wares or merchandise

CHAP. 421

in bulk for cash or credit within this State to demand and
receive from the vendor thereof, and if the vendor be a cor-
poration, then from a managing officer or agent thereof, at
least five days from the consummation of such bargain or
purchase, and at least five days before paying or delivering
to the vendor any part of the purchase price or considera-
tion thereof, or any promissory note or other evidence of
indebtedness therefor, a written statement under oath, con-
taining the names and addresses of all the creditors of said
vendor, together with the amount of indebtedness due or
owing, or to become due or owing, by said vendor to each
of such creditors, and if there be no such creditors, a writ-
ten statement under oath to that effect; and it shall be the
duty of such vendor to furnish such statement at least five
days before any sale or transfer by him of any stock of
goods, wares or merchandise in bulk.

19. That after having received from the vendor the written
statement under oath mentioned in Section 18, the vendor
shall at least, five days before the consummation of such

Written
statement
to be given.

bargain or purchase and at least five days before paying
or delivering to the vendor any part of the purchase
price a consideration therefor, or any promissory note,
or other evidence of indebtedness for the same in good
faith, notify or cause to be notified personally, or by reg-
istered letter, each of the creditors of the vendor named
in statement of the proposed purchase by him of such
stock of goods, wares or merchandise; and whenever any
person shall purchase any stock of goods, wares or merchan-
dise in bulk, or shall pay the purchase price, or any part
thereof, or execute or deliver to the vendor thereof, or to his
order, or to any person for his use, any promissory note or
other evidence of indebtedness for said stock, or any part
thereof, without having first demanded and received from his
vendor the statement under oath as provided in Section 18,
and without having notified or caused to be notified all of
the creditors of the vendor named in such statement as in the
section presented, such purchase, sale or transfer shall to
any and to all subsisting creditors of the vendor be conclu-
sively presumed fraudulent and void.

Creditors to be
notified.