Abbeville press. [volume] (Abbeville, S.C.) 1860-1869, 1867-09-20
usihs Into Banktpptsy.'

s1ths following sySnpsi, ssf ihs bankrupt law,
made by Mr.. -. N. sBiuglram, stha Eonmissoner3
10 Bankruptcy at Montgomery. An, will be 4
or qntersie to menypf our readsrs s.,sg.< 49, J.
I. Petitioners undes the Bankrupt apt sre
required to render schedule Of oil their debts 4
and liabilities Of, every, kind sshd desc,iption
and !Ssps an inyen,ery of1hsh ss.j
tats, ooth real spg pefsohAs Including ali psopf1
sTty and sfseia. 81 which they arc passessea,
Os IN which they may have an intsrsst (thaagh
notsn possession}, In .eoHfotrhity with dertainf
ssms Rssssssesdy u ?. Inc asnsss! orasTs Of
schedules. sSsrifedsby .eaiiis 6 the Petisioner,
sn,iss accompany the leuiion, and, when fled
with the registrar, Is the: ot otlInncncehfant or
proossdipgs In bankruptcy. S.S:~::
= H. Debtors eopten.plating bankruptcy nay
dispose Of any property TO which they have a.
$50, and suoh prsper , need notbe fendcred IN
their inventory, beyond stating the facs OF It's
disposition AID tho purpose TO Which the pro-
eeeds were applied. 50: -...se.
Ill. Bankrupts are entitled to tho following
list Of properly out Of their estates tif they
have it& exempt BY the laws OF Aabsma-to
wit: wearing zpphrel ofssh and fapltiys long
list of farnfstro, all books. portraits and pfc-
t1res, all implemspts Of trade, three; Coz Vs, and
calves, ono horse or mule, or yoke Of oxen, one
wagon Or cart, twenty hogs, twenty sheep, i've
hundred pounds Of meat, one hundred bushels
OF corn. stii The meal on: hand, >. one th6hsand
> pounds Of fodder or oaes, twenty fye bushels Of
dssd pounds OF cotton, >twd pionghs and gear,
two axes, all cloth on hand, all poultry, gun,
and omestea1 Of forty acres OF land, werih fiYe
hundred dollsfs.T Id addition 10 tHis, tae 14th
AsStiee Of lhs. Bfatrupt tnM e1pepts from The,
prnsfsioas Sfahss0e, ",fe; necessary householl
ahd .Recessariss OF such bankrupt; as the as.
Signes shall lesienate and set apart, having
reference In The nmonnt TO the fhUily, condfk
taoa sad circumstances ofthe bahkzupt, sbut,al.
together not to exceed tho sum of,6ge hundred
dollars in value,. in anyone o&ses Alse the
wearing appatel Of such bankrupt, and that Of
his wife and children. and The uniform, arms
and squipments. of sny person who is, or has
been q soldier ID the militia, or in the service
. Qf tho United States, epd such other property
~ now is. or hereafter shall he exempted from
attachnent or seizure. or levy ~ execution by
the lsws. of the United Statess ~: ;c1-:., -.
H.sThe.ssagneehas no right TO tlte labdf or
PERSONAL earnings ofthe bankrdpt, Del ween' the
bepkrupacy snd the. discharge, for that would
deprive him aud his family ofthe means Of
suhaisiense. HENCE petniQners sEiH nossbe re-
iuirtd ta iaciads the growing crop in the ip-
Sentoryr Sf their efocss; apdsaR ( hankrupts
whose petitions NE fled anterior tolhe maturity
oflheir crop, and before its severance from the
soil will keep and it, the sauIe other prop
cry a04nSeu -py lnesr peFSoua. lhuonIy, Ine
run beng. llia the, ,profts tf tbe personal IN
dnsfrf Of the bankrupt between The bankruptcy
and the discharge DO not pass to the assignee.
II was head under the United States bankrupt
-7aw OF 1871. that al" the aeauisi. ions Of the
Bankrupt, amer, the fling Of las petition. are
EXEMPT from liability TO psy debts previously
oo6tra6ted.
;. v. Whatever beneficial Interest The bankrupt
hasiu the wifs's property passes to the assignee,
'but = Court of Equity. if its assistnncs is re-
4aired to reaIizs such Interest TO the bankrupps
satete, Eill protect the interest of:theMife and
children by iuposins terms upon the assignee.
stipulatiag that provision be made for her and
her children out ofth fund. II, however, tho
property he sat1Iel. or gifs indres io'the sepa
rata one IF the wife,. then the! assig6ee takes
nafhiDg, bsGausctho bpukrupt lad no equitable
interest thersiR. =: '