Alexandria daily advertiser. [volume] (Alexandria [Va.]) 1803-1808, 1808-02-09


led, an act, for reducing into one, the severa
4 acts, concerning executions, and for the re-
LEI OF lnsolvent debtors" as directs, that when
goods or other estate, taken in execution, can
not be sold for three-fourths of their value
the debtor Or debtors, may give bond and Sc.
curity to pay the debt within twelve months
or that the said goods, or other estate, may
/ be sold on twelve months credit, and every
] part of the said recited act, as concerns such
Eexecutions, either in the appointments ofcom,
missioners to carry the same into effect, OF
for the direction of the sheriff or other officer
or the clerk OF any court in suing out execu.
| ton on any suc. bond, or of any other person
/ whomsoever, and of every matter or thing
thereto appertaining, shall be, and the same
is hereby declared to be in full force And
all courts, sheriffs and other officers, as we'll
as the parties concerned, are togoyern them
selves accordingly, any thing in the law to
| the contrary Notwithstanding.
/ Bet further enacted, That before any COM
| missioners appointed by the decree Of any
court of chancery, to sell any real or personal
estate, or any trustee under any deed oftrust,
| hereafter executed, shall proceed to sell the
estate decreed to be sold or conveyed in trust,
the commissioners directed to be appointed
by this act, or any three of them, shall value
the estate intended to be sold, on the request
Of the creditor, and if three-fourths at least
of the estimated value, shall not be offered by
the highest bidder, the estate shall not be
then sold, nor shall it be a, any time thereaf-
ter sold during the continuance Of this act,
for less than three-fourhs Of such estimated
value The valuation shall be made and en-
tered in writing, signed by the commissioners
or any three OF them, and delivered to the
commissioners appointed by the courts of
chancery, and to the trustees respectively.
/ The commissioners who may act by virtue
of this section, shall be entitled to the sum of
one dollar tor each day they shall be employ
ed, to be paid by the creditor, to be taxed, in
the bill Of costs.
The provisions Of this act shall not extend
to executions, which may issue against any
sheriff or other public officer, for dclinquen-
cies, or falling to pay money received on exc
cutions, nor to executions which may issue
against an attorney at law, for money receiv-
ed in behalf of his client or clients. All va
iuations of property made or to be made by
commissioners, Shall be according to the or.
binary value OF property, before the first day
of December, one thousand eight hundred
and seven.
The provisions of this act shall not be con-
styued 10 extend to any execution issued upon
any Judgment obtained by any bank establish
cd by law. The provisions of this act shall
extend to executions ISSUED by any justice Of
the peace, mayor or alderman, for all sums
exceeding ten dollars, exclusive of costs !;
and the constable Or other officer, taking any
bond, by virtue Of tins act, shall return the
same within thirty days, to the clerks office
of the county, in which such execution shall
have issued, to be proceeded on as other re-
pleyy bonds And all executions which shall
be awarded on forthcoming bonds executed
before the commencement of this act, shall
be proceeded III as other executions: but the
proceedings on all forthcoming bonds execut-
ed thereafter, shall be as heretofore.
So much of this act as authorizes the ap-
pointment Of commissioners shall be in force
from and after the passing thereof: And the
several county and corporation courts shall
appoint SUCH commissioners at their next
February terms, OF as soon thereafter as prac.
ticable; and the residue cfthis act shall COM
mence and be In force from and after the first
day of March next. and continue in force un-
til the expiration of thirty days after the dis
continuance OF the embargo, laid by the con-
gress Of the United States during the present
/ session. But so much of this and the above
recited act as authorises and directs the man
ner Of proceeding on repleyy bonds, taken by
virtue OF this act, shall be, and the same is
hereby made perpetual.
Sxn.--
MORE 6fEDII.dIJONS
Mr., SReWDEN.