The daily Green Mountain freeman. [volume] (Montpelier, Vt.) 1861-1865, 1862-10-16

the same had been duly assigned pursuant thereto and
Ve assignee shall take possession thereof accordingly to-
geher with the evidences Of the debtors right to such there
ol as Is not IN possession pOrded that the court making
sucn order may upon proper application and cause shown in
us dscreton vate Or modify such order stay proceedings
thereon at any stage
DEC No property estate shall be set off or transfer
reu oy levy OF execution withdraw the same from
the provisions of this act within fourteen days next after such
levy shall be publicly and actually made
SEC. l. Every assignment for the benefit of creditors
snail be OF all the property of such debtor real and
IN possession and IN action except such as may be by law
exempt from levy OF execution and debts liable to the
trustee process and rights of action arising from tort
SEC 8. The bond of the assignee now required by law
De approved by the Probate court shall hereafter be appro
we'd by the clerk Of the of chancery or chancellor in
the county where the assignment made and shall be filed
with such clerk
DEC. D. The court of chancery in the county in which
any assignment made shall have jurisdiction TO rpouata
and CONTROL agreeaby law all proceedings in matters of
assignment and may upon application of any party in inter-
es remove any assignee tor cause and substitute another in
his place.
SEC TO- No person being sued or having his nronertv
attached sequestered rustee having his property levied
upon and not relieved thereom as in this act provided or
III contemplation OF beng sued of his property ben so
attached seuesterd trusteed or levied uon or in
patton OF making or being ordered make any assignment
lofe oeneht OF his creditors shall with view to give
preference to any creditor person having claim against
him. or who Is under any liability for him. make anv PAYMENT
pledge transfer assignment conveyance of any Dart Of
or interest IN his property liable for the payment Of his debts
either directly or indirectly absolutely or condtionalv and
every such payment pledge transfer assignment and con-
veyance shall be void and the lawful assignee of anv such
debtor may the the value thereof for the
uses OF the assignment IN his unless the person
receiving such payment pledge assignment transfer or con-
yeyance shall at the time Of taking the same reasonably
believe that such debtor solvent and acting in fraud Of
tAls -T0cldd that the provisions Of this section shall
not affect any payment pledge assignment transfer or con-
Veyance made more than months prior to such debtors
making Or beng ordered to make assignment for the ben
eft Of his creditors
SEC Il. No person who shall knowingly aid OF assist
any debtor to violate the provisions Of the preceding section
shall share IN the benefits Of any assignment until all the
other creditors Of such debtor shall be first fully PAID
SEC. - Nc assignment for the benefit of creditors an
no proceeding relating thereto shall be void by reason of an
error omission, reguarity defect therein but every
such error OMISSION rreguarity and defect may be cor
rected by the court Of chancey having jurisdiction of such
assignment on the application Of any party interest
SEC 49, Any party interested may appeal from any final
order OF sad court IN any matter relating assignments
whether made term time vacation the supreme court
for the county at its term it, in the opinion of the
chancellor making such order direction the question ec
ded shall be of sufficient difficulty or Importance to require
such appeal be taken within ten
days next after such order direction shall be made
Sec IA, This shall take effect from its passage