A Treatise on the Bankruptcy Law of the United States Volume 1
This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ...provide that the levy shall continue until the entire judgment be satisfied.72 451 . Adjudication of Corporation Not a "Dissolution" of It.--The adjudication of a corporation is not a "dissolution" of it. Nat'l Surety Co. v. Medlock, 19 A. B. R. 654, 2 Ga. App. 665: "A corporation by being adjudicated bankrupt, is not thereby civilly dead. It is not thereby dissolved. Holland v. Heyman, 60 Ga. 181. To use the sententious language of Judge Bleckley in the case just cited: '"Your money," not "your life," is the demand made by the Bankruptcy Act.'" 72. See 1035; also 2678J4. See 899, 176 Fed. 645 (D. C. N. Y..quoted post, 2678J4; In re Sims, 23 A. B. R. at 2678 CHAPTER XV. The Bankrupt--His Duties And Rights Of Protection From Arrest And For Stay Of Suits. Synopsis of Chapter. 452. Adjudication Establishes Status of Debtor as Bankrupt. 453. When Begins and When Ceases to Be a "Bankrupt." DIVISION 1. 454. Statutory Duties of Bankrupt. 455. First Statutory Duty--Attendance. 456. Corporation Officers "Bankrupts." 457. Order Requisite to Procure Attendance at Creditors' Meetings but Not on Discharge Hearing. 458. Second Statutory Duty--Obedience. 459. Third, Sixth and Seventh Statutory Duties--Examination of Claims and Reporting of Frauds, etc. 460. Fourth and Fifth Statutory Duties--Execution of Papers. 461. Eighth Statutory Duty--Schedules. 462. Ninth Statutory Duty--Submission to Examination. DIVISION 2. 463. Protection of Bankrupt from Arrest. 464. Protected if Debt Dischargeable--Otherwise, Not. 465. Arrest before Bankruptcy--Protection...
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