The American and English Encyclopaedia of Law Volume 3

The American and English Encyclopaedia of Law Volume 3

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1906 edition. Excerpt: ...A. B., (ronz) I K. B. 457. Sn. Failure to Provide Reasonable Security--Date When Debts Prevable.-The expression "debts provable " in the English Bankruptcy Act. I8go--which requires that a scheme of arrangement shall, as a condition for its approval hy the court. provide reasonable security for payment of not less than 7: . 6d. in the pound on all unsecured debts provable against the debtor's estate "---means " debts provable," not at the date of the receiving order. but at the time when the scheme comes before the court for approval, and, therefore, does not include debts which may have previously been withdrawn or released. In re E. A. B., (I902) I K. B. 457. 164. 2. Eflect of Composition as a Discharge.--In re J. C. Winship Co., (C. C. A.) I20 Fed. Rep. 93; Glover Grocery Co. '0. Dorne. I16 Ga. 216; Mandell v. Levy, (Supm. Ct. App. T.) 47 Misc. (N. Y.) I47; Taylor v. Skiles, I13 Tenn. 288. 6. Promise to Pay Creditor More than Proportionste Amount Held Void.--In re Chaplin, 1:5 Fed. Rep. I62. 6. Recovery of Money Paid.--In re Chaplin, 1:5 Fed. Rep. I62. 766. 4. Application by Any Person Interested.--The fact that a creditor has begun legal proceedings against the bankrupt will not prevent his petitioning to set aside a composition. In re Roukous, I28 Fed. Rep. 648. A Creditor Who Has Assigned His Claim has no standing to set aside a composition. In re Allen B. Wrisley Co., (C. C. A.) I33 Fed. Rep. 388. 6. Loss or Waiver of R.ight.--See In re Levy, no Fed. Rep. 744. 6. Fraud a Ground for Setting Aside Compositions.--ln re Roukous, I28 Fed. Rep. 645. A Deed or Arrangement with Creditors Which Reserves a Benefit to the Debtor or Intentionally Excludes from Its Operation Some of the Creditors is not on that account...show more

Product details

  • Paperback | 784 pages
  • 189 x 246 x 40mm | 1,374g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236853059
  • 9781236853059