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THOMAS G. PRATT, ESQUIRE, GOVERNOR.
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1845.
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sess property, real and personal or mixed, exceeding in
value the sum of five thousand dollars, be and the same
is hereby repealed.
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CHAP. 363.
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SEC. 2. And be it enacted, That it shall be lawful for
the body incorporated by the aforesaid act to hold or
possess at any time property, real and personal, or mix-
ed; provided, the aggregate value thereof shall not ex-
ceed fifteen thousand dollars.
CHAPTER 363.
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May hold real
and personal
property,
Proviso.
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A supplement to an act passed at December session, eigh-
teen hundred and thirty-four, chapter two hundred and
ninety-three, a further supplement to the act entitled, an
act relating to the Insolvent Debtors in the city of Bal-
timore.
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Passed Mar.
10, 1846.
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SECTION 1. Be it enacted by the General Assembly of
Maryland, That whenever it cloth appear, or shall ap-
pear, from the final accounts of the trustee or trustees of
any insolvent debtor, stated under the authority of Balti-
more county court, and approved by said court, that all
claims of the creditors of said insolvent which have been
filed and proved and allowed by the court, have been
paid in full, then, in that event, all property which shall
after the final ratification of said accounts be acquired
by, or accrue to said insolvent by gift, descent, or in his
own right by bequest, devise, or in any course of distri-
bution, shall not rest in the trustee or trustees of said in-
solvent, as provided by the second section of the act
passed at December session, eighteen hundred and thir-
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Insolvent
debtors.
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ty-four, chapter two hundred and ninety-three; provided
however, that no account shall be considered final within
the contemplation of this act, so as to vest in the insol-
vent any property acquired by, or accruing to said insol-
vent by gift, descent, or in his own right by bequest, de-
vise, or in any course of distribution, unless the trustee
or trustees of said insolvent shall have given notice to the
creditors of the insolvent by a publication in at least two
newspapers printed in the city of Baltimore, of his or
their intention to have stated by the auditor, a final ac-
count, in which it shall appear that the full amount of all
claims of every description against the insolvent would
be fully paid and satisfied out of funds, then in his or
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Proviso.
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