|
JAMES THOMAS, ESQUIRE, GOVERNOR
|
1834
|
|
|
in his own right by bequest, devise or in any course of dis
tribution shall be deemed and so distubuted, and applied,
as estate of said insolvent debtor for the benefit of his cre-
ditors at the time of Ins application and as effectually as
any property mentioned in the schedule of such insolvent
|
CHAP 293.
Shall be deemeed as
estate of the in
solvent
|
|
|
debtor upon his said application and shall as from the time
of said acquisition or accrual, vest in any trustee or trustees
for his or her creditors appointed or hereafter to be ap
|
Vest in trustee
|
|
|
pointed under such application And any acquittance or re-
ceipts from such trustee or trustees in respect of such pro
|
His acquitance
valid
|
|
|
perty, shall avail as if granted by the insolvent debtor, and
where such insolvent debtor shall have applied more than
once for the benefit of the said insolvent laws, the said pro
perty shall be deemed and taken as estate for the benefit of
|
And f[ ] than
once insolvent
|
|
|
all the creditors of said insolvent debtor, so being at the
times of the several applications, and shall be so distributed
and applied, and upon such trust shall vest as aloresaid in the
trustee or trustees aforesaid, under the first of the applica
tions aforesaid of such insolvent debtor Provided, that no
thing herein contained, shall in any manner discharge the
property so acquired or accrued, from any execution or at
tachment levied thereon previously to the passage of this
act, but that the said process shall, in all respects, be valid
and effectual to the same extent, as if the said insolvent
debtor had not made his said application
|
Applied to payment
of a[ ]
|
|
|
Sec 3 And be it enacted, That in any case of attachment
or other procepding at law, or in equity, now or hereafter
to be instituted, for the purpose of making liable any pro
perty acquired as aforesaid by an insolvent debtor who shall
have applied as aforesaid, before the passage of this act,
under any plea of limitations that shall hereatter be pleaded
by or on behalf of such insolvent debtor, the lapse of time
shall be computed only from the time of such acquisitions,
and the creditor or creditors at whose instance such attach-
ment or other proceeding at law or in equity, shall have
been instituted, shall he at liberty to give in evidence
under the general issue, any debt, claim, or demand, due
to him, her, or them by the said insolvent debtor, at the
time of his said application
|
Limitation in such
cases regulated
|
|
|
Sec 4 And be it enacted, That it shall be lawful for any
creditor of an insolve it debtor to appy to the commission
ers of insolvent debtors for the city and county of Baltimore,
or to Baltimore county court, it the case of the debtor be
before said court, for farther or new security in the bond for
the appearance of said insolvent debtor, and the commission-
|
[ ]
appearance
|
|
|
![clear space](../../../images/clear.gif) |