The aegis & intelligencer. [volume] (Bel Air, Md.) 1864-1923, 1886-05-21
CHAPTER 29S.

AN ACT to repeal section thirteen, of the
Act Of eighteen hundred and eighty
chapter one hundred and seventy-two, en-
titled an Act to repeal sections one, two
three, twelve, thirteen, fourteen, sixteen,
seventeen and eighteen, of Article forty
eight, of the Code Of Public General
Laws, title "Insolvents," and to reenact
the same with amendments, and also
to add certain new sections to said Article
as amended by the Act OF eighteen hundred
and eighty.four, chapter two hundred and
ninety five, and to repeal sections twenty
three, and twenty -four, of the said Act of
eighteen hundred and eighty, chapter one
hundred and seventy-two, and to re enact
the same with amendments.
SECTION l. BE ii enacted By tile General
assembly Of maryland, That section thirteen,
of the Act of eighteen hundred and eighty,
chapter one hundred and seventy-two, en-
titled an Act to repeal sections one, two,
three, twelve, thirteen, fourteen, sixteen,
seventeen and eighteen, of Article forty-eight
of the Code of Public General Laws, title
"Insolvents," and to re enact the same with
amendments and also to add certain new
sections to said article rs amended by the
Act of eighteen hundred and eighty-four,
chapter two hundred and ninety-fve and sec
lions twenty-three and twenty-four, of the
said Act of eighteen hundred and eighty,
chapter one hundred and seventy.two, be
and are hereby repealed and e.enacted with
amendments so as to read as follows:
10. No decd or conveyance executed or
lien created by any banker, stock broker,
merchant, manufacturer or trader being in
solvent; or in contemplation of Insolvency,
shall be lawful or valid If the same shall con-
tain any preferences save such as result from
operation of law, and save those for the
wages Or salaries to clerks, servants and en-
ployees contracted not more than three
months anterior to the execution thereof;
and all the preferences with the exceptions
aforesaid shall be void, howsoever the same
may be made provided, the grantor or
party creating said lien or preference shall
be proceeded against under section twenty
four, or shall apply for the benefit Of this
Act under section one within four months
after the recording of the deed or conveyance
or the creation Of said lien or preference
and shall be declared or shall become under
the provisions of this Act an insolvent.
%. Any person who shall depart from OF
remain absent from this State with intent tc
hinder delay or defraud his creditors or con.
ceal himself to avoid service upon him in any
action for the recovery of debt, and any
person who conceals or removes any Of his
property to prevent the same from being
taken under legal process, or makes any as
signment, gift, sale, conveyance or transfer
ofall or part of his estate or property with
the intent to delay, hinder or defraud his
creditors, or belonging to any of the classes
mentioned in section thirteen OF this Ac
when insolyent or in contemplation of in
solvency executes a deed or conveyance Civ
ing preferences creates lien, making any
unlawful preferences as therein stated, oil
otherwise gives such preferences, or belong
ing to said last mentioned classes when in
solvent or in contemplation of Insolvency
confesses any judgment or allows any judg
ment to be entered against him by any con
nivance, or belonging to any of said classes
when insovent or in contemplation of In
solvency fraudulently stops payment or sus
ponds payment of his negotiable paper ant
fails to resume the payment thereof within
twenty days, or being banker or broker
shall fail for twenty days to pay any deposi
tor on demand lawfully made shall be deomet
TO have committed an Act or Acts OF insol
vency, as the case may be; provided, th
petition mentioned in the succeeding sectiol
is filed within four months after the act O
insolvency is committed.
"a. A petition may be filed in any G
said courts having the right to take jurisdic
ton Of the debter so committing any act {