Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1865-01-04

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49, Why ths disshargs sheald ut b
eTsnesd. No dischargs wiIl = gaaeod II
Ssssylhing has nj besn regulasiy and juge-
j done y IL bankrupt; and ten follows
: wy n1Deeoos HIT d ae@s - his part,
which shall pesvsnt discharge.
-. One discharged under this Get sGse
becoming bankrupt shall not Be discharged
unless hIo oGea&s peyB 1sSGbty pr cs0e,
without IL eoneeat q thres-fourths Of the
proving creditors. No discharge shall be
given 70 one third time bankrupt, unless
he shows hs has paid I'll his debts Of pre-
Woes bankruptcy, q has kssn voluntarily
rs1onsed thses1fom b HE creaitors.
a. Except the court thinks Il unjuot y
The bankrupt, . creditor may have right
to discharge passed on by jury.
done III required Of him under this ast,
which existed when his petition for adjudi-
cation WA iiled, excepting such, If any, as
ere BY this oct excepted from the operation
Of discharge in bankruptcy.
SO. Debts created by fraud, smbeszle-
msnt, q dcfalcation II Rduclasy person
shall not be discharged under this act,
though the same may be proved and divi-
dends paid on them.
81. A discharge under this oct shall be
. good defense in al claims against the
bankrupt which might have been proved
against his estate in bankruptcy. If q
plainti6 contests its validity he must plead
which Of the provisions Of section - he ~
lies on 10 show that defendant obtained his
discharge ftaudulently; nor shall III valid
ity be questioned after two years.
80. Provides for reasonable support d
bankrupt during two months, and for aper.
centage Of his estate being returned to him.
80. Anything like preference made BY
one insolvent, or in contemplation Of insolv-
eucy within six months before filing his pc
tition Is void, and tho assignee may recover
Il for the benefit Of the estate.
20. When partners become bankrupt,
the assignee shall keep apart their partner
ship and their separate assets, and apply
the same respectively to the partnership
and the separate debts. Any overplus Of
one fund shall 20 to the other.
Al. This oct applies ss well to corpora
tons O. 70 natural persons, and bankruptcy
Of corporation works Acknowledgement.
~. Filing the petition commences the
proceedings in bankruptcy under this act.
and the means Of taking proof, &C., are pro-
vided for.
4s. This section provides for the invol-
untary bankruptcy Of . creditor who alb
seconds, conceals himself, or does any other
Of several enumerated acts.
"A, A, 46, AZ, contain details for carrying
out the provisions Of section 40.
4s. Ii threc-fourths in value of the pro-
wing creditors agree, they may cause the
bankrupt's estate to be settled and wound
up by trustees.
A.. A bankrupt guilty Of any Of the
enumerated offenses against this act shall
be guilty Of misdemeanor, and liable to
three years imprisonment or loss.
90. False swearing under this act is per-
jury.
81. Any officer taking illegal fees under
this act shall forfeit from three to five hun
dred dollars, and thcnceforth be incapable
Of holding Office under the United States.
o.. Any frauossssss< .eA OF official un-
der this act in relation to stamps, ETC., shan
make him liable to dismissal.
| 50. Forgery Of the seal or signature Of
the court is punishable by . fine Of from
$500 to 5000, and imprisonment for FIVE
years or less.
"a. Prescribes fees Of Office, which are
to 90 to the salary Of the registers.
IS. Prescribes the stamps tn be affixed
to the various documents made necessary
under this act.
So. Provides the usual constructions ol
certain spaces Of time.
81. Vests the powers Of tho district
courts under this act in the appropriate
seats Of justice in the territories and the
District of COLUMBIA.
6e. Enacts this act to take effect from
its approval; provided that no petition OF
othea proceeding under it shall be filed OF
heC,,n hefnre lime st 1861