Oxford Democrat. [volume] (Paris, Me.) 1833-1933, 1878-03-12

ed prove his debt or claim upon which such suit l.
brought Ia the Same manner a. n suit had not
been commenced. L. case the assignee shall elect
not 10 appear and prosecute such ui II IL shall ap
faith for the benefit Of al the creditors he shall
order the said costs, and expenses incurred prior
20 the assignment OF the the sguce De
paid out ct the estate.
SECr. - The assignee shall sell and dispose OF
upon petition the judge may make such order con.
corning the sale disposition T the insolvent O..
tate he may deem proper and any assignee shal
have power 10 MAINTAIN IN his name all suits Mt
law and in equity, for The recovery and preservation
of the insolyenr estate, and for the recovery of all
dues aud claims belonging thereto. Whether the
same arose prior 10 the mmenc. nent of proceed
lngs In Insolvency. or arise under the provisions Of
this act, aud shall be admitted TO prosecute and de-
fend sll suits relating to laid estate, ard may with
the consent Of the judge settle any demand or con-
trovprsy 10y compromise arbitration. and sell and
assign all uncollected disputed claims and the
purchaser may eomm' nee or prosecute suit there
In his name, and the assignee shall not be- IL
able for any costs thereon.
SEcT 80. Whenever upon petition Of the assignee
10 appears that the title TO portion of the a. ate
which has come 10 his possession Is in dispute the
Judge may, after such notice the aimnnt his
agent or attorney, as the judge shall de IN reas ma
BILE, order the sale thereof such manner a. the
Judge shall direct, and the assignee shall hold the
funds received therefor In place of the estate so sold
and the proceeds Of the sale shall hc cons cred the
measure of the value o. the property any suit be-
tween the parties In any court. But this provision
shall not prevent the recover, OF ihc property fr m
the possession Of the assignee by action repev-
the sale
Il SECT. 81 The assignee shall deposit In hi. name
all money ming To his lands bel nging to The in.
solvent estate aud shall account for all Interest re
/ SECT. IS. Whenever an assignee shall receive
from the estate assets available To pay dividend
eN lusive of expenses ne shall declare and pay such
dividend. and ndcr account thereof TO the
the assignee may reserve an amount equal To tho
dividc' which would Dc due up n such claim If
finally allowed, unless otherw,e ordered BY the
judge: II such disputed or ntnge claim shall b.,
nnally allowed, such reserved amount shall De paid
20 the owner Of such claim, otherwise 81 shall h..
accounted LOT When the maj distribution OF tho
estate Is made. And for each twenty five PER cent
OF assets rec iyed Ike divi end ihall be made 4
hnal dividend shall be made at such time n the
Judge shall direct, and when the same l. made the
meht anu disposition "i the estate coming 10 his
hands, aud o. the fees and expenses arising ihere.
r, 80 90, , ~ ','i'ne" uy tne luuE' anu II
iound correct, shali be- by him pprovcd. aud tAfrn
upon tho assignee shall be discharged from h Ass
II. o,. ~ ",HN',k a ulNlurhn uhu"f t'f ~
paid in full u their order
Frst. Tho tee, costs and expenses Of sui,- AVID
proceeding IN insolvency under This act
second MI debts and taxes cue to the state and
Tuird wages due to any operative. clerk or
hou.c servant 20 an amount not exceeding nuy
dol.srs, TT labor performed within siN months
next preceding tho issuing OF the Grant
STcr. g.. I'm assignee may. with tho consent % (
the Judge reign hs trust AMI DO discharged thcrc-
from. and from any personal liability, provided he
has acted ia good faith Nacanc,s caused by death
or other ice. n the tce OF assignee may be hlied
b. appointment 81 the Judge or al hi. .crction h,
such notice O. all known creditors. the judge shall
direct aud such a-sirure shall receive n certificate
Of his election = 20 y intment under the hand OF
tho Judge, aud hal give such notice thereof a. the
judge shall drcr. ami lac shall succeed T. all the
lights of property, poRcr7 and duties of tho gnce
la whose place he IS 20 elected or appointed.
srcr 81 The debtor shall at all times before the
granting uf his certificate, upon reasonable notice
attend and subm o. an examination, on oath. be-
fore ID" Judg" or como per-1u appointed bv him 10
TAX" such examination. upon all ma tiers relating 10
his insolvency, aud upon application OF any party
interested ihe judge naY boz Ike manner order e.
'Naminatton oi nny other por-on upon any matters
concerning the iu-olscut estate which examination
shall De- ? duccd TO writing, and signed by the per.
son examined, ana placed upon the files of The court
SECr. 80. Tue Judg" shall appoint second meet.
ing oi "a" creditors. Ia %" held az such place "A. he
may de,gua e., not moro than three months after tho
date Of 90" rrauf, tile debtor may thru amend and
coErci his schedule OF creditors, ard shall take and
subscribe aH oath before the judge in substance a.
tollOws.
l. DO swear that the account at my creditors
contained iu tn tChcduln made and g ned 10y mo T.
true. according - nay D. 80 knowledge and belief.
and do further swear that have delivered 10
the scugcr an my estate except such a. was bv
law exempt ON attach mon aud seizure on execii.