The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1866-06-13

vote stood henderson, ~; LOu!Sf1l!c, q.
DR.. Crawford, of Georgetown, was chosen
to preach the next introductory sermon, and
II. Mcdonald alternate Rev. L. {. Eorimer
was appointed Chairman Of the Committee OF
Relations with the colorcd people, and Rev.
R. NJ. Dudley Chairman Of the Committee Oh
Revision Of the Constitution.
Tonight Rev. 6. c. Lor;mor preached the
Introductory sermon before crowded audience.
CincinnuN C3mn2eTclaL
The Bankrupt Bill.
The following is a summary Of the Bank
rupt BIZ as i has passed the House Of Repre-
SentativcS:
The first saction constitute the District
Courts Of the United States Courts Of Bank
ruptcy. The second section gives the United
States Circuit Courts general supeaintcndcncc
and jurisdiction Of all cases and questions
arising under that act. Sections three to sew
en-, inclusive, relate to the administration OF
the law in Courts of Bankruptcy. Sections
eight, nine and ten refer to appeals and prac
tice The eleventh section provides that Il
any person residing within the jurisdiction OF
the United States owing debts over three
hundred dollars shall apply, by petition, to
the Judge OF his judicial district, setting out
his inability TO pay his debts in full, and his
willingness TO surrender his estate for the
benefit Of his creditors, the fling Of such Pc
titioncr shall be adjudged bankrupt. A
warrant shall then be issued by the judge, d.
rcctins the marshal ofthc district to take poss-
csson Of the estate and keep the same until
the appointment Of an assignee. Notice IS
then to be given to the creditors to hold
n,eotinc onI chooso one q, more assicnees.
Sections twcvc to ciehtcer inclusive define
~ orpot details the dnties Of assipnces The
sncIions nineteen to twertv.f .four Inclusive re-
late to debts and the proof Of claims. Section
twenty-five nroYidcs for the sale Of perishabic
nroneTtv
Section twenty-six provides for the eyani-
nation Of bankrupts before the court, and ex-
empts them from liability to arrest during the
pcndcncv Of the proceedings in bankruptcy III
civil courts.
Section twcnty-scvcn relates to the 'distribu-
ton Of the baikrupt's estate. An creditors
whose debts are cplv proved and allowed are
to be entitled to share IN the bankrupt pron-
crty pro rutG without 2ny priority or prefer
cnce Whatever, except that wages due from him
to any operative, clerk or house servant to an
amount not exceeding fifty dollars for labor
performed within six months preceding the
adjudication Of bankruptcv, shall be entitled
TO priclitv and shall be first paid in full. In
the order for dividend the following claims
are to be entitled to priority ofprcfercncc, and
to be first paid in full in the following order:
1st. Fees costs ard expenses ofsuits and for
the custody Of property. 2d. All debts due
to the United States and al taxes and assess
ments under the laws tNercof Sd. All 5cOts
due to the State in which the proceedings ln
bankruptcy arc pending and all taxes and as
scssments made under the laws Of such State.
4tb. Wages due to any operative, clerk or
house servant to an amount not exceeding
! frtv dollars for the labor performed within
six months next preceding the first publica-
ton Of the notice Of proceedings in bankruptcy.
! 5tb. All debts due to any person who, by the
laws of the United States are, or may be, en-
! titled to a priority or rcfcrance, in l:ke
nanncr. IS if tbis act had not been passed :;
aIvovs nroyilcd that nothing contained in the
oct ,bo,i Interfere with the assessment and
~oilcc,;on of taxes by the United States OF
NV Stale
'" Snrt;nn ] twortr.,:,~. s7d tbo fvo following
sont;0rs rnlntn - fhc nantrnnt's DISCHARGE
.nJ ;ts e.efsrts ]Iit sholI onnear to the court
ti,ot ibe Ls,,Irrnt bos in I'll thinos conformed
10 his dutv Under this Act, and that he is en-
! titIoI unjer the provisions thereof to receive
. disrharre the cop~t Shall grant him dis
nr,a~aa f.o,n oil bic dnhts cTccnt rs therein
ortor onrnr;Jod anJ sToII o;yc him certificate
th"-o6f +,|n r: vrIar the w sr,I Of tbe court,
'''S, Cont;o wi dnc1a~cs preferences md
1eSI,0'' '.'.t - n'o ".Nr" r";d Saot;nn tb:rtv.
t!"uou!e!'l CONVEY ""C9' w. t1t,.
SIX turty.seEen, ana 'H1. ,G'sn rorot;o.S S@'G
oaHAroP'c5 ol par ""G ~" C' +b;rt1 tS;Tt
ana 10 GATES ana oePoS.t'31'fc Iee,to.e t of ;E
10 IoFey' inclusive P'o'.''G ia tts efs 49, +hl
voluntary 0a""LaP'@s = D'L'I' 20 Tu I1soi T,rnooss
o'a'e, a'olu,'o oaI ,o,'LIS f rroncSt~ frordn,
Te'o'a: " C".'t''r.c, arrnyt md DION.
c"' c>S'S!'!er'. % a1 r"LI' g ssra, W. 5avs con.
non lOr Gc0' ''' ps''ou y. ss;on ofoo1roont
icS>on OF Juo7l"e"t os SDstv",o Ga:S y. sTali