The Hillsborough recorder., 1867-03-27

clerk or house servant. to any amount not
exceeding $50, labor performed within six
months next. preceding the FIRST pubIica-
tion OF the notice Of proceedings in bank
ruptcy. aa lfI 5 .I.s.l.s. Fl.
Fifth. All debts due 10 .ny persons who
BY the laws Of the United States. are, or
may be entitled to priority or preference,
In like Bsrner ss il this act had not been
passed.. Always provided, That nothing
contained in this act shall interfere with the
assessment and collection Of taxes by the
asthority Of the United STATES or any State !,
Section 20 prevides for the fall discharge
Of the bankrupt sin months after conpl-
anee with the above conditions in entire
boResty snd good faith.
Section so declares that no one shall be
entitled second time to the benefits of bank
ruptcy, whose estate Is insufficient to pay 10
per ceBtum of his debts. unless upon the
written assent of three-iourths Of his credi.
tors in value. aa .. ..
Section 81 provides that any creditor op-
posing the discharge Of any bankrupt may
file specification in writing Of The ground )
Of his opposition, and the Court may, in its
discretion, order any question Of fact so
presented to be tried at y stated session of
the District Couri. 44 ).
Sections 80. 3s and 81 forbid the benefits
Of bankruptcy TO one whose debts have ac-
crued from their failures--when in q fdu-
ciary capacity, and provide for the full and
knal discharge Of the honest bankrupt as
follows:
DIsTRIcr CorRT OF THE UNITED STATES.
-DsTRIcT OF -, Whereas -- has
been duly adjudged q bankrupt under the
act Of Congress establishing uniform sys-
TEN Of bankruptcy throughout the United
States, and appears to have coniormed to
all the requirements Of law in that behalf,
il 10 therefore ordered by the Court that
said: - be forever discharged from all
debts and claims which by said act are
made provable against his estate, and which
existed on the --. day Of -----, ON which
day the petition Tor adjudication was Eled BY
Tor against) him, excepting such debts, If
any. as are by said act excepted from the
operation. of q discharge in bankruptcy.
Given under my hand and the seal OF the
Court, at -, in the said district. this :.
day Of, A. ID. - (Sesl.1
Sections So and 81 provide for the extern
sion. Of the ac,ito parties in partnership
and Sor the liability of the same kind Of pro-
perty ss now obtains in ordinary winding
up Of partnership concerns,
Section 50 requires the due filing Of all
papers in the case in the order Of their
date, and classified as 10 title Of subject mat
ter.
| Sections 50. 40, Al and AZ, provide that
persons absent, with intent to defraud cre>
ditors. or who take any method to forestall
the legal service Of just and proved claims
against them, are to have their property
proceeded upon at the demands Of eredi-
tors, who are TO follow the same measures
they would we're the bankruptcy upon vo-
luntsry application.
10 which case service of one notice upon
such debtor to appear, is to be made in the
same way, either by personal waiting upon,
OF by publication, as is nov pursued in ci-
vii State actions his non-appearance with
in the time specified causing the claims 10
/ 90 against him by default, which can alter
| wards be remedied for cause shown.
i Sec. 4s. And be il further enacted That
if At any meeting Of creditors to be speeial-
" ::called for that purpose. and d which
i previous notice shall have been given Tor
such length Of time As the court may direct,
three fourths in value Of the ereditovs shall
resolve that II is for the interest ol the gen.
eral body Of the creditors ths, The estate OF
the bankrupt should be wound up and set
tied. and distribution made, IL shall be law
Dol for the creditors to certify and report
such resolution to tue court. and to noml.
nate one or more trustees 10 take and hold
and distribute the es,atss under the dlrec-
tion Of such COMMITTEES. II IL shall appesr
10 the court. after hearing the bankrupt and
such creditors as may desire to be heard, |,
that the resolution was duly passed SOD