Proceedings of the National Wholesale Druggists' Association Annual Meeting Volume 16

Proceedings of the National Wholesale Druggists' Association Annual Meeting Volume 16

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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. 1891 edition. Excerpt: ...and enforcement of voluntary and involuntary bankrupt laws that shall extend reciprocal rights to both of these classes. x 4. The honest insolvents of the country constitute an army, the members of which ought, in the best interests of public policy, to be relieved from their burdens of indebtedness, and permited to pursue such avocations or callings, as will best enable them to rear, maintain and educate their families, and become useful members of society. Be it therefore resolved as follows: . 1. Resolved, That the varying state insolvency laws should be superceded by a simple, economical and equitable National Bankrupt Law. 2. Resolved, That it is unfair to men who are conducting a legitimate business, and unprofitable to the community at large, that it should be possible, as it now is, for itinerant tradesmen to sell goods at sacrifice sales, and make good their losses by swindling their creditors. 3. Resolved, That as both debtors and creditors, we ask for the passage of a comprehensive law, and deprecate any attempt to pass a voluntary law, because it would impair the credit of the business men of the country and make possible the practice of gigantic frauds.-1. Resolved, That honest insolvents who have made acomplete statement of their affairs, and an honest surrender of their property, ought to be discharged. from their indebtedness over and above the amounts paid in dividends by their estates. 5. Resolved, That the Torrey Bankrupt Bill is a wise embodiment of the principles of bankuptcy, and that Congress is hereby called upon to enact it without delay. 6. Resolved, That a copy of this memorial be submitted to ghe House of Representatives and the Senate of the United tates. 7. Resolved, That the various drug organizations..show more

Product details

  • Paperback | 94 pages
  • 189 x 246 x 5mm | 181g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236914910
  • 9781236914910