Florida Reports Volume 57

Florida Reports Volume 57

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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. 1909 edition. Excerpt: ...was filed in the District Court of the United States for the Northern District of Florida by certain of the creditors of said Tallahassee.Iercantile Company praying that it be adjudged a" bankrupt, and on May 2nd, I907, the said Mercantile Company was by an order of said Federal Court adj-udged 'a bankrupt, and on June 24th, 1907, by an order of said Federal Court, R. J. Evans was appointed and has qualified as Trustee of the estate of said bankrupt. It appears further fro-m said =bil that all of the judgments in favor of each and every of the defendant appellees against their principal debtor the bankrupt Tallahassee Mercantile Company were rendered within four months of the filing in the Federal Court of said' peti-tion in bankruptcy. Sub-division "F" of section 67 of the Act of Congress approved jruly Ist, I898, entitled "An Act to Establish a Uniform System of Bankrupt-cy Throughout the United States," provides as follows: "That all levies, judgments, attachments, or other liens, obtained through legal s proceedings against a person who is insolvent, at any time within four months prior to the filing of a petition in bankruptcy against him, shall be deemed null and void in case he is adjudged a bankrupt, and the property affected by the levy, judgment, attachment, or other lien shall be deemed wholly discharged and released from the same, and shall pass to the trustee as a part of the_ estate of the bankrupt, unless the court shall, on due notice, order that the right under such levy, judgment, attachment, or other lien shall be preserved for the benefit of the estate, and thereupon the same may pass to and shall be preserved by the trustee for the benefit of the estate as aforesaid." By...show more

Product details

  • Paperback | 188 pages
  • 189 x 246 x 10mm | 345g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236845358
  • 9781236845351