The Manchester journal. [volume] (Manchester, Vt.) 1861-current, 1881-01-06
Laws Of Vermont.


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stsshef 10 ihal pHes ~ 9ay cal ard bod cred.
tpr mne,tast aatssrn ca1ft mssting
So u case n ihs isssi disabity o. tudS
70 a. "a csss. ~ p os~ The bsage dirs - "
fnsss tnsspas8taied ios tstcstaeg 10 svna q Ia
SAT ~ fcDaNst o. q tbs insolvency. district. o
fsesna. lhs reEi4sr shall have ID, powers and per
ser9 NJ eaiArs 81 me faexs until soch apae 81
fsmgyea ~ pnfA another fadgr 10 xppssnied
ssr Secu0n sifhi u n9szbcf coz u The At
u itye y hrf.hy FefsAaed
Sac q Segt4pa hficsn a sad act Is beftbl
snsndea ~ As 10 rtad ~ follows
40 lnhAblani u thss STATE n~ins dcbts exceed
icg ne smouni Y Etiee huHdrct colizf cantf&cisd
whAss saeh inhshsl4nI, ~hieh he Is uaahle 10 pay
mar sppiy By pstiloa vsriaed b oath 70 The iadgs
t9g the RHSsgency disific In which Ne frsides SET.
tar iof'h thsi hs 10 sach ishshitani and Is owing
eshm eosu4ctsf whlt such lnhshtfri 70 an amour,
etcteciag three hundred dolisFs, which he aunAbic
70 pay IN tul, ard that hs "a willng 10 as0gn his
ssisi, and edeefs, sKctpi such a. are crsmpF ffom
stiseh@snt iof the henehi q has creditors, and
ptRYng that egch pfpcFedings may be bad 10 the
pFsuisss a. provided 20 this act
Snc Ssgtiga seventeen ~ said act ]. hestby
Emrueea - As 70 ttst as follows
uPoa ~ aaeg q sgsh petition and the
thng q ths schedules q creditors and assets,
ths iadFr shah ipftk~ilb order a meeting Of
ne creditors q such petitioner and ia The
ualt ard place for heldnR The same. and cause the
feginer 20 forward by mat prepaid. 20 each cred
iof named ia the scheauls > uosice saiing the
aait and place oi cling tho petition and that
meeting % The creditors stll be held at eoau Of
Insolvency., 70 be hsii time snd place named 10
lfkf An ~ ar attst So Al. fxr
Gays after the date u the notice, 20 prove their
dehtt ard chonse ons more assgnees Of the
estate The iudgs shall also cause the register
forthwith 20 give notice BY advertisement In one or
more nc sspapyf Of general circulation 10 such dis
Iict " the Sling Of the petition. Of the time and
f4Afs q the creditor, meeting and that the pay
nent 81 auy debts and the delivery Of any properly
bsloasing 10 said debtor, 70 him o. Tor his use and
B. law
lue & No creditor whose debt Is proyable
cha unless the due such creditor Is in dis
put be allowed after the sling Of the petition 10
pro~srulc 10 final Judgment a suit at Law or IN
equity therefor against the insolyen, debtor until
the question Of such debtors discharge has been
determined and any such suit shall on the appli-
cation Of the debtor. unless be unreAsonahy delays
endeav0'tng 10 obtain discharge. be stayed 10
aNati nc determination d The court Of insolvency
on The question Of discharge II the amount due
The creditor IS 10 dispute, The suit. by leave Of the
court Of insolvency, may proceed to Judgment for
hs purpose Of ascersning the amount due, which
too shall be stayed
s.e, ,. section twenty-four Of said act is hereby
amended - 10 read as follows
Debts due and payable from the debtor at the 1
time Of the hng 81 the petition may be proved and
allowed against hs estate al any meeting Of the /
creditors and debts existing but not payable until 1
future day, may be proved and allowed az Il /
presently payable, with a discount of interest /
where no interest is payable BY the contract.
Claims against the debtor for or account Of /
sois ehailels. OF ether properly wrongfully taken
withheld o. cpnyened by him may be proved and /
allowed as debts 70 the value OF such properly \
with interest
II the debtor is bound as indorser, drawer
surety. bail o. guafantof upon ball, bond, note,
on oiltr contract Or fof debt Of another person,
and his liability does not become absolute until
after the ding Of the petition, the creditor may
prove the same after the liability becomes fixed
sHt before final dividend IS declared.
10 cases o. contingent debt and contingent La
bliity contracted by the debtor and not herein
Otherwise provided for, the creditor may make
claim therefor and his claim may be allowed with
the right 70 share 10 the disidends, II the contin.
gcncy happens before the order for the final dvi
dend, o. be may at any time apply TO the eoufi TO
have the present value Of the debtors liability
aseertained and iquidaied which shall be done in
such manner the court orders, under the pfoyis-
IONS OF this chapter, and he shall be allowed 10
prove az debt the amount asceriained
person liable as bail, surety. guafantor or
otherwise for the debtor who has paid the debt or
any pars thereof IN discharge OF the whole may
prove such debt for tho amount paid, although
Insolvency were commenced and person 10 liable
tot The debtor and who has not paid the whole OF
Md aebt, but is liable tof the same part thereof
may, II the creditor fails or onits to prove such
debt, prove the same In the name Of the creditor or
otherwise. as Is provided by the rules
When the debtor is liable 10 pay rent OF other
debt falling due at stated periods the creditor may
prove tof proportonate par, thereof up 10 the
une Of the fling u the petition II the same
increased from day 70 day and not a, stated
pefiods
zrixag out Of a contract or promise, on account
oi any goods % ehaties vrongfully taken, con-
verted o. withheld the Judge may such
damages o. eanse them 10 be assessed as herein
after provided, and the sum 80 Assessed may be
proved agsink, the estate.
Vpou debts subject 10 the payment Of interest
in,s -, shall be computed 10 the date Of The fling
Of tApettion.
No ~, other than those above specified shall be !
proved Asllowed sgAns, the esaie
Sac <<stion ,wenty-sr Of said act is hereby
amended so lie READ as follows
OF psrsons es5ss q ,he debtor o. lien thereon iof
securing me payment a debt claimed BY him, the
properly held security shall Y the assignee OF
creditor require Y be .od Voc. he order o. sour,
saeh creditors debts secured and he shall be ad-
mitied as creditor for the residue II any The
sae shall be made 70 such manner a. the Judge shall
1stef and the creditor and the assignee respectively
shall execute the deeds and papers necessary and
proper inf cTecting the conveyance. II the eredf
inf tieefs he msy release and deliver up 10 the
ass snse the premises estate held as security and
BE- admitted a. a creditor fos The whole Of his deb, 4
Sac section ihiny-two u said aci 10 hereby 9
amended 20 read AZ follows g
A prrS0a claiming 10 be creditor whose I
claim !, dixzllowed 10 whole or in par1 TO
The amount 81 twenty doliars. or an assignee 4
o. any other creditor dissatisfied with the allow
anee 81 claim TO The smoa1t Of twenty dol =
lar ~ mgfe. may appeal from The decision making
sab allowance 10 the county court, II notice thereof
4 given 10 the register 10 be catered with the ;
record Of The prcceeeings and also to the assignee
lpreaied from The appeal shall DC catered at the
ryu az the county uuu hfsi held within the county
,ft,f .ht expiration Of twelve days from the time OF
aasinr sich ap7ea But the appcilsh; in writ ;
az waves MS appeal before the entry thereof OF
sces noi enief Il, proceedings may BE- had N the
security fas costs shall be given by the party 2
appealing As IN cases q appeal from me probate
.oau.
Snr TO- An ssignnent under order q a eour .
Il Insolvency shah YES; IN the assignee All ht pro-
Dssfe X The debtof, real and pcfsonal, shieh be
90 q have iaw.aiy syld assigned o. conveyed, OF
~hieh might have bccn tasrn on execution upon .
Aosfsssni sgAinr hin ~ the time Of The Ming 0f =
As ,ssitioa and all dsbtt due the debtor " any s
t<r~aa iaf ha use and the iens and securities n
herefor and hls rights q Arion io' ssuiloss in,ef
~ a. fcf geeas os estate, real O psrsanAi, and
lghs. u reaeeuins the same And the Asagn- :
=, a. ,zu hV cfef4ton II Law relate back 10 the
i.,s X TX fng d me petition, and shall dissolve 2
tsehnens, upon trustee proccss, or writ
i seg9rsir4;ion eYon me wofsf9 q " ssesef,
he petition and Al liens q eneca,ipn when the
,rousfty iested upsn has not actually been SOD =
.sfeyt ths conznrnorsnrni Of The proceedings 70 y
n.a,vrneY Ard whrr The property levied apo1 vas
10 actually aiiAehce nPoe nespe FaSess AZ itAsi Z
1sty dsys before The commencement o. the pro- =
t~sg1FfncN And The VFgf1ffy rsfAfr D