New-York tribune. [volume] (New-York [N.Y.]) 1841-1842, 1841-08-23
General Bankrupt Law.
AN ACT TO establish, :, Uniform sy.tesu OF Bank
ruptcy throughout the United states.
XXyIIta Congrsss...-First se'siOn.
rp,-.,,o " 9

STATE ii-tr OF Territory det, "hei
administrator, guardian ;raslss,
wh,ig other hdCcary opacity 10 hall ' S
u uoelge and belief -
ther re.pcuy. pl'e@s OF resdenc" emo r m
rery cred a. Of escry naa- Kind, aad iesc pon as'
and sita4ono each ena every M o. ,sEng an
~ c & met, oc !: act aad DE- csf hera'si'e.
a. he un,he 10 meet their dsbs aad ene,gsms" sha % oel'
hnarup WITHIN The pufsie o. ts' ali % bea merchants
m ring IN, trade of ercband-4 all f-'r' q hecahcl'c, ana
az o1aA ~ lac oas s mn M Ihqu
ih ~ h No. rnp and ft
be ave debts the whole le,s than isc
ny m ,o appropriate court he dccrrcd accordingly
IN The following cgscs, @hncyer such person berg
haul or the trade Of merchandise bsing retailer
T nirrcnands, banker fcto broker, under~ne or
marine h from iEe State District or Territory
aeh he si,h defroHd hI
aal eonee. hnsfh :" AVOID oeing arrested or ' "ig or
eauusnty procure himself to be arrested, his goods and chae
aAil HE goods cba;tel ent eject
diem bcaslcYcd apon taken IN execution o.
sc other transfer Of M lands cneinen goods or ;tels
credits evidences of debt PrOrGcd Oueec Tba
declared bankrupt Of creditor IN,
peuou wiiin dal after It's decree be en-
e 10 triai by Jury
bankruptcy; person shall reside great dtacc from
pace holding sad Judge discretion
direct cch ~ by jury to be had III the county OF rc persons re-
ience soeh and under SUCH directions the sad court
may prescribe aad t'e ana I'll ssen DEGREES passed N sUcn cur
AID examined shall be deemed final and conclusive as 10 HE
sobec' -n'tt"r her'@t -, ~, :, . 49,;
t. c'h's a"ce' or u n''sfa y" ptore!i S 3 | ,t
Of cndOsscr
egc or riory over The ge bankrupt
nd al o,per aeat. secur,e coac ynnees pro
~ or - made given b. bankrupt eonurl.-
bankruptcy Via ever rot beng
hde CREDITOR purchaser of available defon without
shalt be deeaed utterly void and fraud tins
uedcr the bankruptcy s he cnutd I" clam rue ir
receive the same Us part oil the sS'ets oil Tue bankrupt
making such oo4"il preferences aud
~ discharge under the prC'ss OF this act Pori
& made and Entered ro NOR ,han ,so months ne orc tn no.
,ou igu 81 shall
10y Prooided That the party dealings
had no tee oi rrior act ci b4nkru lcy Or
If nc of hi
Aud il III II be made 10 appear u the court,
The proceeangs baukuicy hat tho bankrup
h application heng VOLUNTARY, his Subsequent TO tie first da
Of January a, or at any other time IN contemplation Of the
cured prooienc creditor another tie 'ha
er-st p
redd so That nothing IN this contained shall be construed
lawful
other property,
peo ST. which be vail tie laws The respective
~ which with The proo
aud 9Th section. Of this act,
SEC. Ind Jrr enacted Tha, all the property and right
property every aud nd whether real personal
mixed of bankrupt except as IS hereinafter provided VINO
STALL BY If the pe decac ed bankup
sail by operation of AF pso fao from
without nay act s.gnnnt
and the by ofhe such
Shall be appointed the proper
l' .ns pnpoe, | a 5i o' t,,. "a and @
appointed i vested all Fights, rllcs power
sell aud dispose Of the and to sue TO
subject orders and directions OF such
all and purposes, fihe
exercised by bankrupt before The time OF
h oanhrupy ccce sfore-ad aud all suits I" Ia" or IN e
peudIne which, bankrupt " party may be prosecuted
ADD
aAd with The same effect they ga have been by ue bank
commenced By shall Ia
aatd by h death removal from office hut the re pro
eusl o. ,r i"9 nue. ,,I "c.n1.I fo ,b r a, ,G. %
household
rup
assignee shall d apart having reference IN the amour
tnn, up
exceed value the of three hundred
aesgnee
mater shall exception taken be suhcet the final dccsion
sail
So. ind be further enacted That every bankrupt who shu
hoGa tie surrender all his property aud rights property with
exception bclc;c mentioned for benefit OF ceor
caupy with aud obey all the order,
b
form TIE other acquisitions of this act shall ncs majority
numb rand ue off who have proved their debts shall file
be entitled discharge
deb bc deecd and allowed the which
bank'up and certificate thereof gran ed to hm by ench
cOrduey h filed for such purpose discharge
aud certificate however be granted until ae ninety
~ sefse oil Bankruptcy nor u vi ater seventy days notice IN "s
,uhic paper du,ted by uch all
place. discharge and cerlf
sh" not be grated which aud place
the bankrupt thereto PrOridd hat
encs Of The credit, i, kpo.n ,erycs ON him n.rnno,v or M
letter address his known usual
qcscrbedhy tho court as IN their discretion shal hay
Tag
Aud sich bans sha be guilty OF fraud
fol encame"i of his property rights Of property or snail have
prefer ed '' creditors contrary to the s act or
shall wiu omit refuse TO comply wiki orders directions
such conform other requisites OF shat
h cIais he ,ha no., he entitled Il, any such d.br.e ar
shall being merchant banker factor
broker underwater marine insur be e'i"d 20 such ds
proper account after the passing tins
person ale tho passing OF this shAl Apply trust funds
PrOriG That discharge bankrupt
release discharge who DC ~ fo
dabl partner
Otherwise bankrupt such bankrupt
orally written
before such appointed 10y the
upuous taking
upu. relating such
rnpy, property rights pro
r VIII CHI udgmcst Of such and
the examination ne shat
(y and corupy affirm falsely be shall b.
deemed guilty OF perjury, and shall be punishable therefore like
the OF perjury punishable the laws OF The
init States and such discharge certificate when duly
I'd ali IN MI of justice, be deemed al and complete dis
OF all debts contracts bank
"tce proeablc shall he be
pleaded iu aud bar
uc1ture sha evidence
i'n favor OF bankrupt unless shall lie inpcachd
!can iul eAmen by HIM right
property atoreld the of 'his
o reasonable notice writing suc! fraud conceal
i9rn ani IT, IN bankruptcy, nursber and
NSae OF The creditors shall prov, debts the
bearing mo petition Of discharge