Rutland weekly herald. [volume] (Rutland, Vt.) 1859-1877, 1866-05-31
Arrival and Departure of Trains.
CongressionaI.

n new . pahN"N "AA@
been introduced in the House Of Repre-
sentatives, and is now under considera-
ton there. 1t provides for the continu-
ance of the Bureau for two years. Two
additional assistant Commissioners are
TO be appointed. The Commissioners
and their assistants and subordinates
are to be under military jurisdiction and
protection. No one is to be assisted by
the Bureau who is able and has the OPP
portunity to labor. To make the Bureau
self-sustaining, it Is proposed that the
President shall reserve from sale or set
Element under the Homestead and Pre-
emption laws not exceeding one mil
lion acres of land in Florida, Ala
bama, Arkansas, Mississippi and Lousi-
ana to be allotted to freedmen and retu-
gees in parcels Of forty acres each at a
certain rental, the rental to go towards
the support of the Bureau. When the
price Of an allotment Of land is paid to
the Government, the title will be given
TO the purchaser.
The bill for the equalization Of boun-
lies, which has passed the House, pro-
vides that the sum Of eight and one
third dollars per month during the pc
Rod Of actual service shall be paid Gin
lieu Of any grant of land) to every SOL
der, sailor or marine, not substitute
or captured prisoner, who has been hon
orably discharged from the service; and
in case Of men discharged by reason of
disability contracted in the service, the
bounty is to be continued throughout
the whole period Of enlistment. But all
bounties received f fro States counties
towns and other sources, as well as prize
money. are to be deducted from the
bounty provided for in this bill. The
fees of agents are fixed at five dollars,
and any agent receiving more than this
is made liable to fine Of $1,000 or i'm
prisonment not less than one year, or
both, 1t is estimated that the amount
Of money which will be required under
this bill, if it becomes a law, will be
from s1oo,oo00O0 to $l50,00o,000.
Our readers have already been in
formed of the passage Of the Bankrupt
bill by the House. 1t is a bill OF great
Importance, and we give below sum-
mary Of its most important provisions
The first section constitutes the Dis
trict Courts Of the United States, Courts
Of Bankruptcy.
The second section gives the United
States Circuit Courts general superln
tendence and jurisdiction OF all cases
and questions arising under the act.
Sections TOT, inclusive, relate to The
administration Of the law in courts 0
bankruptcy.
Sections s, 8 and 10 refer to appeal
and practice.
The eleventh section provides that
any person residing within the jurisdic
ton Of the United States, owing debt
over $500, shall apply by petition to tn
Judge of his judicial district, setting on
his inability to pay his debts in full, ant
his Willingness 10 surrender his estat
for the benefit of his creditors, the film
of which shall be an act Of bankruptcy
such petitioner shall be adjudged bank
rupt. A warrant shall then be issue
by the Judge, directing the marshal c
the district to take possession OF the es
tate and keep the same until the appoint
ment of an assignee. Notice Is then t
be given to the creditors to hold meet
ing and choose one or more assigneeS.
I 20 fnalnpiya Hafinp !
great detail, the duties Of assignees.
Sections 10 to "a, inclusive, relate
debts and the proof Of claims.
Section % provides for the sale Of pei
ishable property.
Section 26 provides for the examine
ton Of bankrupts before the court, an
exempts them from liability to arre'
during the tendency of the proceeding
In bankruptcy in civil actions.
Section q relates to the Distribute
of the bankrupt's estate. All creditor
whose debts are duly proved and a
lowed are to be entitled to share in Il
bankrupt property pro rata without an
priority or preference whatever, exec
the wages due from him to any oper
tive, clerk or house servant to an amour
not exceeding $50 for labor perform'
within six months next preceding the a
Indication of bankruptcy, shall be emf
tied to priority, and shall be first pa
in full. In the order for dividend, Il
following claims are to be entitled
priority OF preference and to be fir
paid In full in the following order:
1st. Fees, costs and expenses Of suit
and for the custody of property.
I'd. All debts due to the United Stat
and all taxes and assessments under t
laws thereof.
Sd. All debts due to the State in WIFI
the proceedings in bankruptcy are pen
ing, and all taxes and assessments ma
under the laws of the State.
4th. Wages due to any oper&tive, Gle
or house servant, TO an amount not e
ceeding $50 for labor performed with
six months next preceding the first pu
LEGATION of the notice Of proceedings
bankruptcy.
9Th. All debts due to any persons W
by the laws Of the United States are,
L. ID ~.% ,~..F,