The Litchfield County post., 1828-07-03
PURETC ACTS,
MAY SESSION, 1928.


 Sec. I. Be st enacted by tke Senate and House of Representations, in General As sen6Ly cOnUemed, That all conveyances and assignments of any lands, tenement goods, chattels, or choses in action hereafter, made directly or indirectly, by any person in failing circumstances, with view to his insolvency, to any person or persons in trust for his creditors or any of them, shall, as against the creditors of the person ma king such conveyance or assignment, be deemed and adjudged fraudulent and ut- terly void, unless the same be made in writing for the benefit of all said creditors !. in proportion to their respective claims, and be lodged for record in the office of the Court of Probate for the district where the aSsignor or assignors, or some of them reside; and that the Judge or Clerk of said Court shall enter thereon, the time when the same was received for rec ord, and the record shall bear the same xdate.
 Sec. 2. The Trustee or Trustees con- stituted as aforesaid, shall give bond with surety to the Judge of said Court of Pro- bate, in such sum as said Judge shall re- squire, conditioned that said Trustee or Trustees shall faithfully perform their du- ties according to law. If any Trustee re- fuse or neglect to comply with such or ders,the said Court shall remove him from the office and duty of Trustee. In all other cases, on the complaint of any per- son interested in the trust, said Court may remove any Trustee of the property so as- signed, on giving him due notice of such complaints, ,and sufficient cause being shown for such removal. When trustee shall die or be removed, if he or she be sole trustee, said Court shall, and in all other cases may, appoint another in his place, who shall give bond as aforesaid.
 Sec. 3. The said Trustee or Trustees shall, with the assistance of two or more judicious aud disinterested persons, under oath, and appointed by said Court of Pro- bate, make or cause to be made, within such time as said court shall prescribe, not exceeding two months from the time of making such appointment, true and per- feet inventory and appraisement of the es- tate SO assigned in trust, according to its just value; and list of the credits and choses in action; and cause duplicates to be made of such inventory, one of which shall be sworn to by said Trustee or 1rus- tees, and deposited with said Court, and the other remain with said trustee or trus- tees. And the respective Courts of Probate shall have power to call said trustee or trustees to account for, and concerning the estate assigned as afore- said.
 Sec. 4. The Court of Probate shall di- rect the said trustee or trustees,to give no- tice to all persons interested in said trust, to appear if they see cause at such time and place as said Court shall appoint, by advertisement, in newspaper printed in the county in which such Court is held, if any there be, and if not then in an adjoin- ing county, and also in such other manner as said Court may deem reasonable, to be heard relative to the appointment of Com missioners, to receive. and examine the claims of the said creditors; and after such hearing, said Court shall appoint two or more judicious and disinterested persons, commissioners on the estate so assigned, who, being duly sworn, shall give such public notice of the times and places of their meetings,b advertisement in news paper or otherwise as said Court shall or der; and said Court shall limit time, not exceeding one year, nor less than six months, for creditors to exhibit their claims and prove their debts; and such Commis- sioners and Judge of Probate shall possess alt the powers and perform all the duties, not herein specifically stated, and the par- ties interested shall have the same rights of hearing and appeal as are provided in the fortieth and forty-6rst sections of an Act entitled, "An Act for the settle ment of Estates testate, intestate, and in- solvent" .g.f .s&tI Sec. 5. The Judge of Probate shall have power at all times, to order the sale of all or any part of the estate so held in trust, and shall direct the payments of the debts and demands thereon, to be made in the following manner--expenses and in cident charges of settling the trust; taxes and debts due to the State and the debts of the several creditors allowed by the Commissioners, in proportion to the sums found due. 4a
 Sec. 6. When anysuch assignment hath been made according to this act, no subse- quent assignment, made by the same as- nsSa 4 Al