Evening star. [volume] (Washington, D.C.) 1854-1972, 1874-02-11
The Amendatory Bankrupt Bill.

The following is a synopsis of the amendatory
bankrupt bill as passed by the Senate yester-
| day: That the court may direct the receiver or
ssgnee to take possession of the property and
carry on the business of the debtor when in its
judgment the interest of the estate or creditors
will be promoted thereby. That the assignee
shall sell the property of the bankrupt in such
parts or parcels shall be best calculated to
produce the greatest amount at the least ex-
pense, and the court shall have supervisory
power over such sales, notices of such sales to
be published in newspapers designated by the
court. The court may order any real estate of
the bankrupt TO be sold tor ne-fourth cost at
the time of sale, and the residue in install
bearing interest of seven per cent. at inter walls
of not more than six months to be secured by
mortgage and lien. Assignees shall keep ac-
counts OF moneys received or expended, a
certain penalties. Conspiring to wrongfully
dispose of property is attended with certain
penalties. A creditor proving his debt, shall
not be held to have waived his right of ac-
ton against the bankrupt. In all causes the
alleged bankrupt shall be competent witness.
In cases requiring the paymeBt of any pro
portion of the debts of a bankrupt a condi-
ton OF his discharge, he may be discharged in
the same manner as If he had paid such per
centum of his debts, or as IL the required pro-
portion of his creditors had assented. In vol
untary cases no discharge shall be granted a
debtor whose assets shall not be equal to thirty
three per cent of the claims against his estate
Any person who shall depart from the state of
which he is a resident, or shall conceal himself
to avoid service of process, or shall make any
assignment, &c, shall be deemed to have COM
mitted an act of bankruptcy; these provisions
to apply to suits commenced Decem-
Der 1, 1873, and since that date. In
cases of composition with creditors, in
cases new pending, whether an adjudica
ton shall have been had or not, creditors
may, at meeting called by the court, upon
not LEES than ten days notice, resolve that a
composition proposed by the debtor shall be
accepted in satisfaction of the debts due
them from the debtor, to be operative when
passed by s majority in number and tree
tourths of the value of the creditors
In calculating majority, creditors whose
debts amount to less than fifty dollars shall be
reckoned in the majority in value, bat not in
number. The creditors may vary any compo-
s1tlon previously accepted by them the compo-
sltlon to be binding on all parties. A debt
arising on bill OF exchange or prOmissOry note
the bankrupt shall be required to state the
amounts, and the names of parties to the paper
The court may, on satisfactory evidence, re-
fuse to confirm such composition or set il aside
and the debtor shall be proceeded with as a
bankrupt. Fees, commissions and allowances
of assignees and others to be reduced one-half
heretofore provided in like cases. In addition
to the officers now authorized TO take proof of
debts against the estate of bankrupt, notsries
public are authorized to take such proof in the
manner and under the regulations provided by
law, such proof to be certified by the notary and
assisted by his signature and official seal.
ArRoPos of Matt. Carpenters recent raid On
the reporters gallery, "E. j. II. tells the Bcs-
u,
and when one of the correspondents went to
him and said, "Mr. Carpenter, have had Just
enc lead pencil this winter, and have come to
pay you for it, he replied, ''Now, you boys
lust keep your shirts on and don't make fuss;
we are not going to have anv trouble"
The CAPITOL GRoUNDs-Mr. Morrill,, of
Maine, appeared before the House Committee
on Public Buildings and Grounds this morning
the interests of the bill recently passed in the
Senate, authorizing the employment of a com
petent typographical engineer to prepare plan
looking to the enlargement, adornnent, and
The committee favor the bill, with the excep-
ton of the sum appropriated, 5000 which
they think too much for the service.
BACK PAY OF NAVAL OFFIcERs.-The SEN
ate Committee on Naval Affairs to-day agreed
to report favorably the bill for the relief of al
officers OF the navy who were dropped, fur
Laughed, or retired under the act of February
%, 1855, and who were afterwards promoted
and restored to the active list under the opera
ions OF the act of January 16 h, 1857, or by the
President under subsequent laws. The bill
proposes to give them the resulting difference
in pay. The committee also agreed to report
iavorably the bill for the relief of the officers
and crew OF the nited States ship Wyoming,
allowing them prize money, to be paid out Of
the japanese indemnity fund.
PROCEEDINGS OF THE NATIONAL GRANGE
1EsTERDAY.-At the session of the National
Grange In st. Louis yesterday, Mr.. Taylor pre-
sented the report of the committee on CONNER
cial relations, which indorses the resolution
asking Congress to restrict the time and royalty
allowed patentees, and recommends that seven
years be fixed for patentees to enjoy the sale
lowed % per cent. upon the cost of their pro-
auctions The special committee to whom was
referred the matter of establishing territorial
government over the Indian Territory, report
| ed, asking to be excused from considering the
| subject, as they had no knowledge of the bill
said to he pending before Congress for that pur-
pose. The following committee on the centen-
| SlaI ceIeDIaIl0n was appointed, viz :-Messrs.
| Saunders, ID. e; Chambers. Ala; Hudson Kan
| sas; Wright, Cal; Chase, h. H.; Brown, Mich.
and Davis, Ky.
| TIE SAVANNAH RACES were continued yes
| teTday The first race was hurdle race two
| miles Jim Hinton and Limestone entered
| The contest was close, and was won by Jim
Hinton time, 0S. In the second race, mile
heats, Vortex, Vandelete, and Boone, lilly,
started; Inc race was won by Vortex in two
| straieht heats-time, 1.58H, 1.51H. 1t was a
| GOOD race, VaDdelste was second on the first
near ana Boone on the second. In the third
race, mile dash, Fireball, Midnight, and Re-
venge entered. Revenge won by a neck-time,
I.5Z. In the fourth race, mile heats, Tabitha
and LADY Washington entered. After a fair
| contest Lady Washington won in two straight
| selling race, but no horse being claimed within
the allotted time (ffteen minutes,) there was no
| sale effected.
AUTOPSY OF THE SIAMKsE TwINs-Yester-
Gay tbe case containing the bodies of the Siam
csc twins was opened in the presence of a num-
Der OF eminent medical gentlemen in Philadel-
phia. The embalmiDg process has not been
entirely satisfactory in its results, owing to the
fact that when the bodies were subjected to the
embalming process decomposition had already
far advanced. At the same time IL is believed
tbat The main points In interest in the case will
De fully Calculated by the autopsy. There were
| number CT medical gentlemen present at the
college last night, and steps were taken to COM
mence operations. Plasters cast OF the bodies
were taken yesterday.
| INDIAN WAR IN NKBRAsKA.-Adyices have
been received at Fort Laramie that an officer
and several United States soldiers with the
Plke's Peak train, were surrounded by forty
Indians and fired upon. A company of cavalry
Capt. EagaD, were sent in pursuit. but nothing
has yet been heard from them. The excite
ment among the settlers in Nebraska is becom-
| ing intense. There is no doubt but that in
consequence OF the failure of the agents tC
provide for them, the Indians are leaving their
reservations for the purpose of providing for
themselves at the expense of settlers, herders
and ranchmen.
REBELLION IN BRITISH COLUMBIA. - The
Toronto Globe has received a special dispatch
from Victoria, British Columbia, which states
that the Ministry tried to force An alteration
in the terms Of confederation through the
Il HOuse last NIGHT. The peonle de- DAD On n.