The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-01-22
The STAY Law.

The Committee of Courts of Justice on
Saturday reported bill changing and re-eh-
acting the stay law of Virginia. The bill isa
long one; and as IL will doubtless be very
much altered before it becomes IA law we give
merely the main features of 1T. the preaiio,o
sets forth the pecuniary condition III Mhi'"
the war has left orr people as the 10
motive for the passage of q stay law Inc
first section stays all compulsory processes
eycept i'm the cases provided LOT III 'ho o'H''
sections The second section is as foiloWS'
40 The foregoing section shall not Apply
% any case in which the debt or naoility
songht 10 he enforced was contracted SINCE the
ocnnd day of April, 1865, or in when the
Commonwealth is the creditor or Ptl. y fa
flciaily entitled, or TO taxes, leNlee Va or n
ments due 10 q county or corPoEatoH " ~
which an officer of county or corporation Is IL
able for taxes leyies or other moneys coilectcu,
orwhich should have been collected oy nun ioi
such county or corporation; OF III WHICH my
parties interested shall consent, OF III With
The narties, or any of them, being incompetent
10 consent n circuit court, or Judge III Ntct,
ton having jurisdiction OF the suplect, snaii
determine that the interest OF such par
would be promoted by sale; or 10 any casr Vi
alimony or of dover, or any interests III itcu
of dover, or to any allowance or provision ior
the maintenance or education OF fem;lleS OF IN
fants or 10 any payment OF rent OF ol I'LL ahiiu-
ity falling due after April 2, 1869 or 10 any pro-
Ceedlng to COInpel an OIllCtl VI '.''N~ " -
county or orporation, or commissioner OF re-
ceiyer, or other officer Of court, or any hdu-
ciary, TO account for, pay or disburse money re-
ceived by him since April I'd, 1868, or 10 any pro-
ceeding against fraudulent purchaser OF
donee, or against property in his hands 1or Il
debt or liability of the vendor or donor, OF ~
any proceeding against debtor or party oouhu,
who has removed, is removing, or lntehds 10
remove, his effects out of this State with intent
to delay hinder or defraud his creditors, or
those to whom lie is liable, or 10 any proceed
ing under section three, four or live OF chapter
one hundred and fifty-one OF the Code OF 300,
nor TO any case hereafter provided lor III lhis
act But nothing i'll this section shali DEPRIVE
the sureties of any officer OF the STATE, OF OF
county or corporation, OF the beneht Oh me
first section of this act III reSpect " any ll"-
bility accrued prior to April 2, 1860.
The third section provides that ola oeots'
the payment of which has been assumed since
the I'd of April, 1867 shall be considered rs
coming under the operation Of the law. Inc
fourth section requires that interest Sh"li
annually be paid upon debts affected by the
law. The fifth provides for compelling the
payment of such interest The sixth pro
yides that property levied on shall be restored
to its owner, but shall remain under lien Inc
seventh section provides that the statute OF
limitations shall not apply to the time ioS'
under this act by creditors. The other sec
lions are necessary TO the pertectlnS OF the
lazy Int need not be rccited here.