The Newberry herald. [volume] (Newberry, S.C.) 1865-1884, 1867-03-20

debtor, anu Snoil QISSOiNc Hlly Sucn
attachment made within four
months next preceding, the COM
mcncemcnt Of said proceedings.
Provided, however, that there
shall be excepted the necessary
| household and kitchen furniture,
and such other articles and neces-
saries Of such bankrupt as the as
signcc shall designate and set
apart; having reference in the
amount to the family, condition
and circumstances ofthc bankrupt,
but altogether not to exceed in
value five hundred dollars, and
also the wearing apparel Of such
bankrupt, and that Of his wife and
children, and the uniform, arms
and equipments Of any person who
is or has been q soldier in the
militia or in the service Of the
United States and such other pro
pcrtv as now is or hereafter shall
be exempted from attachment or
seizure, or levy on execution by the
laws ofthc United States, and such
other property not included in the
foregoing exceptions as is exempt
ed from levy and sale upon execu-
ton or o,ncr process or order Of
court, by the laws Of the State in
which the bankrupt has his domi-
cile at the time of the commence
ment Of the proceedings in bank
ruptcy. to an amount not exceed
ing that allowed by such State
exemption laws in force in the
year 1864.
And provided, further, that no
mortgage Of any vessel or of any
other goods or chattels, made as
security for any debt or debts, in
good faith and for present con-
sidcrationS and otherwise valid,
and duly recorded, pursuant to any
statute Of the United States, or Of
any State, shall be invalidated or
affected hereby; and all the pro
pcrty conveyed by the bankrupt
in fraud Of his creditors all rights
in equity, chooses in action, patents
and patent rights and copy rights;
all debts due him, or any person
for his rsc. and all liens and securi-
ties therefor and all his rights Of
action for property or estate, real
or personal, and for any cause of
action which the bankrupt had
against any person, arising from
contract or from the unlawful TAX
ing or detention, Or of injury to
the property of the bankrupt and
all his rights of redeeming such
property or estate, with the like
right, title, power and authority
TO sell, manage, dispose Of sue for
and recover or defend the same, as
the bankrupt might or could have
had if the assignment had been
made, shall be at once vested in
such assignee, and he may sue for
and recover. No person shall be
entitled to maintain On action
against an assignee, for anything
done by him as assignee, without
giving him twenty days notice of
such action, specifying the cause
thereof:
Is. The assignee may sell the
real and personal property for the
benefit Of tho creditors, subject to
the orders of the Court.
Is. The assignee may sue in his
own name to recover ali the bank
rupt's estate.
II. The assignee shall deposit
separately all moneys he receives,
or the Court may order a tenn
porary Investment thereof: In
case Of controversy, arbitrators
may be appointed.
IS. Assignccs may be removed
! BY the Court for cause.
DEBTs DuEsFRoM THE BANKRUPT,
10. All debts due from the bank
rupt at the time of the adjudica-
ton. and all debts then existing
but not payable until q future day,
u rebate of interest being made
when no interest is payable by the
terms Of contract, may be proved
AGAINST the estate OF the bankrupt.
All demands against the bankrupt
for or OH account Of any goods or
chattcls wrongfully taken, con-
vcrtcd or withheld by him, may be
proved and allowed as debts to the
nlnnnni. Of the value Of the proper