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CHAP. 228
Provisoes.
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or may have refused, neglected or failed to as afore-
said, with a view to their liquidation and settlement
under and by authority of the court; provided,
that petition or petitions of the parties hereby intended
to be benefited shall clearly state the amount of in-
debtedness to each individual praying relief as aforesaid,
and the nature, character and duration thereof; and pro-
vided also, that the said petition or petitions shall show
and disclose that the several sum or sums of money due
and owing from the said individual, association of indi-
viduals or body corporate to the party or parties thereto,
taken in the aggregate make up an indebtedness of at
least five hundred dollars.
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Receivers to
collect claims
due to, and pay
claims due by,
&c.
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SEC. 2. Be it further enacted, That the receiver or
receivers appointed as aforesaid, shall when duly qual-
ified as is hereinafter provided, take charge of all and
singular the goods, chatties, property and effects of
every description whatever, other than real estate, of
said individual, association of individuals or body corpor-
ate engaged as aforesaid, against whom the said petition
or petitions shall or may be preferred, including all bonds,
notes, mortgages and other evidences of debt, together
with all open or book accounts against which there is
no just and legal effect, and sell, and dispose of the goods,
chatties, property and effects of said individual, associ-
ation of individuals or body corporate who shall or
may have refused, neglected or failed to pay as afore-
said as speedily as possible, upon such terms and in
such manner as the court shall direct, and collect, re-
cover and make available the bonds, notes, mortgages
and other evidences of debts together with all open or
book accounts due and owing to the said individual,
association of individuals of body corporate, and the
said receiver or receivers shall as soon as he or they
shall have settled and closed up the business and affairs
of the said individual, association of individuals or
body corporate aforesaid, by the sale and disposal of his
or their goods, chattles, property and effects aforesaid,
and the recovery and collection of the money or monies
due to him or them by bond, note, mortgage, book and
open account or otherwise, or from time to time as the
court of judge aforesaid may direct, shall pay, off and
discharge the debt or debts due and owing from the
said individual, association, of individuals or body cor-
potate to the persons in his or their employ hereinbefore
designated and included, and to the furnisher or furnish-
ers of ore, clay, cool or other raw material as aforesaid,
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