Baton-Rouge gazette. [volume] (Baton-Rouge, La.) 1819-1856, 1840-03-14

CDNuHEss.

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We Csfsensy. da.--Au impotla nj tssalu.
tion hss tepn introduced ibt, The \, date u the
gutseI STATES by Mr. buchanan. he otis,, II
stiph IL 10 tss. ,iia ~orihiuiis Vi ths u,eiatets u,
the stihjeei etthe currency.
The iutpets Vi VI, Daehaasu's resolution i 10
teste~ upan vsnate.s the pswst 4, suppress the
titeula,ioU " snail iytss. A paper esft.aty
ot ~ t'aps, CURRENCY, thai IL ID be fba quesiian-
antl i'uy this IL 4 l~apstitAi Al The present .tisjs
" alEaiis III our ha,ls,,, VI such flas aitaJe IN liz
.pif, thai he ,aust feel By, little ~,tts.vs, 10 HE
prosperity ~ tuin If Ibis people. wts jurs DOT
feel A,ta sslf deeply affected Al The tats ,iiessibiii.
W uf liz hei,e dp,eunihed ~unjAstly. Thst so,t,et
thing sbsatJ he done by Geas,a.s 10 se.,sss the
ea',sats toa n,ets seshd state. tf p%essihit, IL
shal ny one ptttei,Is IL question; nut thai Ten.
atess shuuti destroy allths banks IL i,tipa aigut
hi. aad IL ~hs, ibs people IA at, hellpvp IN, end
do not desire, Tue resolution VI M buchanan
was otposod by bath pnftie.. teesass its tendency
YVES dittetly " the end.
WAsa,ssyas Feb s4,b,
MI W.tsis, spots a. s,,ae length III lssit Of
establishing a uhihtm ~ TEN u bankruptcy III
The U,,iled FtaivsZta Me 10 tee Of his teMaths
he presented ali outline u 4 ~ s.s,a embracing
HE foIlaWin4 ptoposi,isas=~
lst, That the circumstances III The tauHtty re-.
auita ihst toustess should exercise iis euns,itu.
tinUal puset ur establishing y vaiEtm sys.en If
bankruptcy Throughout tlie United stats.
vi That Il shaulJ he made applicable " Ill
pttsahs whatever, IN wing Itbts, mol lpss III an,aual
'han===lullafs. whp shall syvw tlei. i%asei,ens
ny, and hy i%.t.itibn 10 The proper tiilahal pray
tst 'ls hshsnt u The aei. These st,ail tp dtvip.
vi voluntary hat kfuptss =
sd That should arpIy eompaisetiiy h. merchant.
sl,alI am"uut IN q SUN ,,at les. tban--lsllaIs,
shI sb" have failed, ~ shall fail IN busippsa.
NJ he apparently ~inselyent ~ unstle ~ ray ,hpt,
debts, suth p4tsons 10 hs deemed involuntary
habk'utis, and 10 lie suffice, 10 The pu.isioas Of
The at, up'"tl,s petition of any creditor Of cred.
itofs, whose jelas together exceed The sum Of
==dsllats.
Alb, No voluntary o. iayalupist, teaA,pta u
he entitled 10 a discharge. who shah. In eoats,ps
platinn af bankruptcy. aud intending IL take the
benefit Of The net. knowingly give any preference,
by ATTY lay 'nsn,. y, transfer Of property. 10 any
oas ~ nhp,s 81 HI. creditors, ID The ssslusivp
~ hls t~,sti,ets asBetaIly,
b'h, Hvrty bankrupt. sartesdefina al his PRO.
perry and rights ~ property fof the benefit of hi.
e'eJ'tets, aud confirming ~ all The eths, tsluisi.
tiths Vt HE All, shall he entitled 10 a full L~issta,pp
hem all his d,hts, and shall sseei,s a certificate II
l~i.thstse ithm the proper tribunal. Bot II he i.
guilty Of any Rand NJ snnesalaen, IN lis s,lr,t.
to bis property. he al,nll no, le emitted 10 any
certificate, Of II granted, II shalt b. avoided on
ptoof ef suth tiauJ.
9th. All sfeditats coming In and pfo,iaa ,heif
delts aaiet The bankruptcy. 10 DO bana .fh
debts, 10 share In The bankrupt. property and II,
fset', pro- pafa. ~i,hou. sny preference " prior.
'iy, eseet, debts 10 The United States. which ae
Il 81 10 he paid.
7th. rhs District a,l Citeuti courts 10 have
ee"ta,'shl jotirdtt,ion, Ia all matters VI bank.
tupiey. and 10 be ~eIstetspd sumnatiiy. and fvt
this purpose. tbe pait courts to be deemed slway.
opened.
9th. Que commissioner only II be aIl,oinled.
IN ehy ane cssr, t. at IN bankruptcy an The
It,inf III delta. &c. d. ,~~shd one ~ ianee only
10 collect aud administer The laoktup.'. effect.
The commissioner AMI assignee 10 he appointed
IN each ease by the reuf,, aud subject =, MI time.
!" ''' o'ls's. IN VT things touching their duties.
aud tho sale and The d'.,,Itu'iop ot The sltte.s.
9th. The proceedings IN zach rase 10 he anally
tlaHed Nithta twn yrat- from The time Of the hank.
rait'y. estep, ~ to matters which mey DO then
tiyntItUg. In LAT ~ Aautfpt hal sko ..ni,,,e, .t
any such suits In law or equity 10 not to suspend
The general proceedings IN the case, nor 10 rost.
lonr dis,tihatioa aud settlement. 10 far IN they
can he made. @a-
loth, All sbit' by. agains, or concerning hank.
'upss to 10 brought within two years a',et The
bankruptcy. and 10, anetw srI.; except an can-r.
af ar,iuo, which shall no, then have atisrn. hut
all debts no, pa, able I'LL n future day may be pro
'cJ IN The bankruptcy, md paid pro 'ata. with
pfarrr abatement, for inie,, =, ~ discount.
III. Any person proceeded against ~ an ineo.
lan'nry bankrupt, 10 b. entitled. nj hi. election, IN |
trial by jury, 10 ascertain the fact Of such bank.
tur,ey.
~. M person shall hc entitled 10 a discharge
HI shall be ptovca IL have lost withiD-year
'efore hA bankruptcy. by any gaming. wagering.
" hrtting of any kind. whether Ut one or more
lines. the sum of---dollars.
10. The circui, cnuf, In each di.,tic, 10 cs,al,.
'sh q rate IF fees fs the officers of the circai,
'on'', i" all cases In bankruptcy, aud these rates
- he pullisbrd,
-. The net to continue IN fasce Gvc years. and
'niil the then next session Of congress.
sr'r'sefs from the Lirerpooi Coiton Broker's Lust