Weekly Chillicothe crisis., 1884-12-25

inl'I.ns iI non,ti"uGts 'l,,l " .no oeh1n. % vi
t,u pn'lNsuP'oi, svcou'S'ns Ginusc;
Wv oPt'ho'Pio Vi n.'Ii' I'i'f '."s u.el %uoP'eu
in II, az subsequent ieSlsl1.ion' po.h III
I'I? l1uu """ III lIi'n COUNTY ~ 1t"
lu"Joli'y III muillotr Vi 'hc oIcIltorS;
!S''eSenl'nT tnteo-iou.ths ,,'I III S"luo Vi
'no Ptolo" Claims 'E''noV Wy oe'"'1'
wv, W I eu1l,oMviou - ~ ~ O.nu ] az .no oieu,
i,olo ,,, "n', ooinp'i 'itp "ooeP'"heo w.. W "
; uG,iIPoS'',Tn M II, u'SCi"is ~ VI vno "EV's Tn
"'th"uS a'o tJS'iT oo'o.u'u, ino
So. unuei Mr''i. tmIs was Polhli'.uu;
nI" i's, w.t. was uI"Mn 80 loos1iS anu
,uil ~ many 0Pcnlnsa i9l il""u tii'V IT
Dou"i.'o sPvGullS ooioNtouS =, Sc 70 'no ~
Nvlost c'I.iclSln' "n" su loy9 IL was
"mirnGsu' tnt Po"clS W Io ui.ssC"tlns
'niuoti'S vi 'nv Gi'TlVo'' po'n ooli,
a,uvit;oty .N.cN'ou' ms "'SS, Piotcu
una"'''l"Itoi ',,' ""r ~ ano ioIlo" 'nS
SI"i " sGin ,io'iri, no" ~ ite"h "rn NG,;I He
,lstu "nu puu ii'to Vpcl1''oh' ,;'i ouelaI
i.0o ".tI '1oi'o,I"' ',,.,, anu III ''i'll
."u. "u,o a"VI','",v" .ta o',;t "o'',a, ',nJ9om
itolu "',''us Wv o'us'''ot1' ,,i WI, oI "',on
urIoIivu 'nu uuI, VI % Do.n ; roiicct'"
,"u u.s'i!Du'.ns i!." NV "Ss''s' sunJeG;., It
Wv ,, .uul,",a "GI'aeu aIe w. ~. ,o,,'
s,,, i"ouUa"'si i,, G.so uios'" ~ 'iu,
li1''' I1 "m'onE .ngIl nulnpcr, UNI Inucr , .ho i
VI" ~" A." eiitns III n"' 'gol 'no
."st "l'G Mut.i u'slGleS' uco'ols
CG".u ".o'u '''i, Tp.lE'.'o"s u means
=, ~ ''I'l ~ sv.''cl"thts, anu 1t hTu
mIuu",u ,',,, ", " " colninoi' ,. .m,n io' Suum,
MH'' "!l 'no c,c VI ',, ''''t 'l'Ec' 10 lu"
w rN''H."S""l p'I'N lol .I luln'Iurc' @
JGMrII, "'l.N, mnu ',''n ScHcI"s intt-
,rntiai scM,,Iawnnts M ,'as ,",,, ,,,oro W. ARM
nri, Inn, rnt i,mrns,;Ilo ~ n,al,o ,ost
r,,,,;,i snttIom,n,ts s,iolN s;,rrI, Ldos,,
,hdir oraJi,or, ,n onilon, INV b;uS
To moot tbis oviI tho act of 800 ron,
JoroJ nII smoI, so,,iowonts obsoI,,,oi,.
mil ~ ar.oinst trnston, In hnnl.rrn,ayJ,
viii, t,To '',, ,.oors tror, thoi,. % dn, roaa
mil aIsn In i,r ,oars m,lnss ,ho Job,o,
non sbor, onirr,",iroi,. tLat ", ,I,a
limo of woI,;nr i ,,c sctiIomcn, @ %o m v.as v,s
com,Ir,aiy gnlTcnt Anotbor wotoriai
nrnyisior of tris oc+ is tb"t no Jobt"r
ran ob,ai, y Jis"horgo wboyo ostoto
Jocs M, M" E6 NJ ocni diyidanJ
,ho JoL,dr L,rina ,hron ,.aor, w.
wbioh ~ srnmI, ,Lo n,cors if ,,o os a."
tate itself should fall short. By the
debtors act of the same ycar.that
under which Imprisonment for debt
was cd-bankruptcv proceed
ings were further altered BY taking
from the bankruptcy court all criminal
jurisdiction. fraudulent debtors being
turned over to the tender mercics Of
the general law.
In substance ,bn Ergl;sh borlr,r,cr
law romoi,s now as ohnvo ou,Iiroj
the most important addition heinz
that which nr6vidcs that a majority IL
number rcnrcsnn,inr tbrcn.f1urtbs l.,
valnc of tb6 crrJitnrs movt,tc cborro
of nm insolvcnt's estate and lionidafc
II for tho bcncrt of ali witbont ~mhIi,
nrocooIinrs in honlrun,cv AMI III,
svstcm Which also inrlnIos tbo rirh,
~ comnositior has grnyn into ,rroat
favor with hoth J"bt6rs and crrdifors
If is convenient incxnrns;vn and
Yields specdy results for the latter,
while the debtor is not subjected to
the humiliation of an exposure of bis
affairs before tbc eyes of the world
r,, o.,,.t ,..i, ,-.,.
Nv tHu'H' GT.! W oGeiNiuP'Gy pE!S.a-
,'ol. III ,np Ihi'gu o'"'cs r"s cUleIy
ugy" ng,ll", , sIp'u -, 10, .iu inrmSethcSS
VI 10 t.'o'T9 ~ .oii .oG'' "''i tnosc
~ ,,i any o'"'r 'o'iII"vItI'' country
lnII' !."'r ur',' on'S 'nLec "r''l pc
lo''' =" o"t l'''T's W'icn E'"r'''
Jam. p.'a ,"mS W. '%sU Goo "v'' ~ ,uoc cN.Ir
e.'o' ',o ~ - iiVii lIV' W i"o' !.,G
Su'ou" I'm % !" I,iT '"u wv 'i''.
iloil .i LOU " io'p, i' GlueI oul ronStl-
Vu''Vu GUnS i'Ss n,.s "'o'u t"c power 10
ue'' WIN ai,h o'iiN' uPnt! III Us olo''u
SunSr' "Hq WHY ."..o"a VI ,gso cue SUITES
iu''"'i i'9','. '',''.1', ~ 'oDI' t'.No
ilo,' @ ,',i'u . ~ ''ii,u ,oI'uu JAIN. uP'Gy
,r"s' INV ,''u '''''.''|, i'' n,,;, ~ ~
.nuli "tpi'o,''.o"' W tiu ~ p..'Hviis Vi INC
tuSpeSInu ,p io, 'I"'eI' @ o "" "nutVoui i, .L hn-
l'u''''t Ia" l'';S ~" a. .n'n'e.iGo ny
navy m'N ,,, o'oo,'iG 'pS' i"o'o '"'i'c""c" ior
'"u UNIV p''"s' .
lhG panhrMPtcy "ct oi looo' ioll0w,
ing I'll EhSilSu 'reccuchts up 10 tllat
tllAt' was eNcin'lNeiy designed ior tnc
| protection ol th' creuitor ana largely
ior the punishment OF the lhsolVent
debtor Proceedings could only be
instituted ny creditors tne ldca OF the
debtor voluntarily seeking the pro-
lection, OF the court not having. ap-
parently, been ut all entertained by
orignatorS OF thG law me only
sound feature OF the lazy which has
been reproduced IN subsequent acts
was the provision which passed an IN
dlsputablc title TO the estate OF tho
bankrupt, whether real or personal, to
the assignee. ms feature was the
subject OF much comment and unstlnt-
ed communication by English writers
as being the means OF shortening liti-
cation and rendering the linal dispo-
si'ion OF the estate much more speedy
and certain. Adjudication under this
law was made upon the application OF
u creditor or creditors to certain spec
iIied amounts, $4,000 being the mini
mum for n single creditor, and the
district court appointed a commission
of three or more persons who became
thereby empowered to act with au-
thOrity that extended to the imprison-
mont of the bankrupt, almost at their
discretion This power also extended