Martinsburg gazette and public advertiser. [volume] (Martinsburg, Va. [W. Va.]) 1826-1833, 1826-03-02

sccessions.
JOHN MILLER.
81. Charles, 20sh January. 1896.
sNew Bankrupt B,H.-Manv OF our
readers see with pleasure, and none we
presume with indifference, that a bill to
establish a uniform system OF Bank
rupicy, throughout the Union, was yes
terday reported to the Senate, by Mr..
Hayne, OF ). c. The bill is, of course,
very long, and evince degree OF atteu-
ton and labor credtable to the Com
mittee, and deserving the thanks of all
who are interested in the subject. 1t is
impossible for US now, TO find room for
any thing like detailed exposition of
its provisions; but, in addition to the
contents of the bill, by Mr.. Hnyne, in his
Introductory remarks, reported under
the proper head, the following brief out
line of lis main objects, is offered to our
readers.
The first section declares, in substance
that any Merchant, or other person en-
gagged in commercial pursuits, who shall
commit any of the acts of bankruptcy,
therein specified, may declare bank
rupt. Farmers and others, are exempt
from the operations OF this section.
The next sections provide for the APP
pointment in each State, of one General
Commissioner Of bankruptcy, before
whom shalt be conducted all questions
arising under the law, with the right of
appeal to the Court of the United States,
and securing jury trial in all eases,
where it may be demanded by either
party. Special commissions are author
lied, in all cases where the court shall
deem it necessary.
When person is found tn be bank.
rupt, his whole Estate is to be vested in
ass'gnees, chosen by the creditors, for
the equal benefit of all the creditors.
Various provisions are made, in other
parts of the bill, with the object of Sc
curing to creditors the whole estate OF
the bankrupt. Provision is then made
for the support of the bankrupt, pend
ing the Investigations for final allow
ance to him, in proportion to the amount
divided among the creditors. On its
finally appearing that the bankrupt has
made fair and full surrender of his
whole estate to his creditors, and has
acted throughout with good faith, the
bill provides for his discharge from all
further liability for existing debts. A
great many sections of the bill are de-
voted to the regulation of the proceed
ings of the Commissioners and As
signees; and prescribing the course to
b. pursued by the bankrupt and his ere.
ditors. The bill finally provides for the
case of persons, other than traders, who,
(though exempt from the operations of
the first section Of the bill,) are permit
ted, on the application of the creditors,
and qcith their o,en consent, to become
bankrupts.-Nat. Int
The Legislature of Mississippi have
elected Thomas b. Reed, Esq. senator
in Congress, in the room of Governor
Holmes. Prohatan Etits, Esq. who was
appointed to the situation of the Execu.
tive during the recess of the Legislature,
had an equal humber of votes in his ia
vor for some time, and the election was
finally decided by the change of a single
vote.
We learn (says the Baltimore Gazette
of Feb. "a from Messrs. Cohens, thai
the half the great prize of One Hun
dred Thousand Dollars, drawn in the
late Grand State Lottery of Maryland
and sod at the office in shares, is owned
Jointly by Messrs. Charles II. Clark and
James Gibson OF komney, Va who re-
celved the cash this morning on presen-
tation of their ticket.
1t is stated that not long since, on Leaf
River, Mississippi, while a planter was
from home, and his wife and five children
sleeping in room which had but one
door, and no window, The house took
tre, and that when the lady awoke, the
only passage by which escape could have
been effected, was then filed with the
flames In this horrid situation, she en-
braced the youngest of the children,
and rushed through the consuming ele-
men:, but such was her CONSERVATION.
and she was so burnt, that the child was
lost. The unfortunate woman ran to
the nearest neighbours, mile distant,
and expired. The house and five chill.
dIen were all consumed.
On the 25th December last, the sub.
scriptions for General Foy's family, in
Paris, amounted to 564,505 francs. up-