The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-03-21
Compromise Introduced BY Opponents
Of Evans Measure.
THE HOUSE ORDERED 1T ENGRoSsED.
Provides for Receivers for Insolvent
Estates and Penalties for Pref
erences OF Fraudulent Chains.

ter the substitute offered BY friends OF bill
NJ q had heop ,ab,ad.
A Rill--To be entitled an act to proyidc
Tor Tho anno,ntment Of a receiver or re-
ceivors for tho estates az an insolyent
dehtor or debtors and proyiaine for an
iniunc,,on IN cases where an Insolvent
dah,or has eyeruted n morte gage or decd
n, tr,,sf nre,errir, fraudulent claims
md nrovidinr nenait,es therefor
Re 4, enacted nv tho legislature Of the
state ~ Texas.
sectiop Tbat hereafter when any In
so,vent debtor or DEBTORS or deh,or or
debtors In concentration of insolvency
sha,l cxeoute a mortgage or deed of trust
Tor tbn horaat nj cer,aip nreferred cred
itors whose claim or account "a fictitious
ana ,rauduIent n receiver Of s,,ch mort
yoyed rronor,y NAV he an,ointed he any
fudge Of anv court Of contnetent iurlsdic.
ton as hereinafter provided.
Sec, . ANY creditor of such insolvent
debtor whose claim has not heen nrcferred
and who desires a receiver for such mort
gagged nronerty NAV nresent an annIica
Ton therefor IN anv i,,dga bsving irris.
diction of tho subject matter i'm either
term time or vacatio, s,,ch annlication
shall state Inc amonnt and patiire Of his
claim inc names and residence II known
Of all nrefcrred oreditors and tho an,nup+s
NJ their resnartiye r,atn,s. Tho names and
residence n known. Of Inc mortrayor and
MORTGAGE. thn value NJ ,he roo~,gaeed
..,ata ara whore s,,,,,,ed +, trn,n 90 |
shall specifv the particular claim or claims
alleged TO he fra,dulent and FICTITIOUS such
annIfc.tion may contain nraver ,or an |
tnhInc<fon reetraining such ,nor,r,gea or
trustee from disnosinp of me nortsssed |
nroperty nendinr a ana, bearInr of nc an. |
plication. nrovid,d AFTER ANY annlt. atIop |
Tor tho anuoint,nent Of n rerei,or Sas hc.n
made any other Of tha non nreforrpJ cred
itors Of such insolvent debtor or debtors
NAV make Themselves nsrties 10 the orig
inal proceedings nv filing ttatern,nt in
writing declaring thai they spn,o-t ara
adopt The original apnIioaflon as nr,san.et
and that tbey MAKE themselves ca,.aily Ia
bic with fbe original ambient or anrlf.
cants. and uron tho filins ~ s,rh a.rtif,r,,
application. the parties thereto shall be
held eouaIiv uabI@ with tho ori5jn-l an
plicant or applicant for ali damages and
costs that NAV he aaiudrcd agaIns, ,hrr,
or either OF them. upon dn,l henrinr
sec s. loon pr.,rnfsrIon Of mo ennli.
cation herein provided for, me Judge hay
ing Jurisdiction thereof shall diraef thar a
citation be issued and soryes unon mo
mortgaror and ,nortcsrru aud tho credi,or
or creditors whose claim or clsirls are al
Legged TO he frauJuiert ana ficti.fsus com
mandins them and each n tbern TO oroea-
on = dav cert4in 10 answer such annIica-
ton The rita+ion oroys,e1 for 4, .bis .
4fsIgf l.t "a
the manner provided bv law for the sur
vices Of citations IN other civil suits and
the pro, eediues hereunder shall be governed
by The ri.ios rn,crninr o,her ,.ivii sc,tons
provided tsat FIVE DAYS service NJ ctt,,inn
hereunder shall be suffrfent
See should such annlination contain
a PRAYER for iunluctlor tho iudre to xhnf,,
the same Is presented shan issne a ,,rit n,
Injunction. restraining me rnortcsroo mr.
trustee from furfhe. action under mo mort
gage or ,rus, deed and from esilinr ar
otherwise disrosius Of surb rnortr1gaI
prorcrty rerd(us n hearing NJ tnrh an
rIicatIor The writ M ,ntunr,ln, -,
provided for shall be issued and served a.
10 other csses provided tba, mo- viii q,
Injunction shall issue until applicant shall
have executed bond a. horeinaT.er NO,
ylded for.
Sec. b. Pef7re anv Injunction abau L.
sue. as provided for In The urrroI,,r CO.. 81
lion the arrltcart man av.l,t, q ha,a
with two or rnore cood and si,f6cton, s,,ro
ties 10 he apnroyed M, tbs i,,d,. ,ss,'i,,
tho wrsf In such nynot,i,t 40 mo ,,,arc hi
fix. payablo 10 the rretitors ,errad In no
mortgage and ronditt7nea ,b,t no snnii
cant yiu pay ali s,lch COSTS srj d,r,as,s
NAV be adiudqcd AGAINST hin, for ,r,,,,,s. ="
funny stung ouf s,,ch tps,,,.,ir, ''N'' !
sec II ,noa s..ai 49,. 4, ..u u
be made ,o annear 10 No sa,I,t,f,,o, =, a. q
udge irving I'm go ~ -, ~
claims nreferre5 srs s,,,,,i',,'. 10y, , w. u
lent a RECEIVER shah 10 sn,os,,et an,
thereafter such rnortpagea .st,,a .h,li Van
sd,nints,cro5 ,,-4ar -, 10 - '""'' w I
IN. recsi,,s. y ''0''
Sec When rs.o,ror l., .,., I
under Inc provis,orr ~ ~ c
fore he en,ers ,,non hts d,,tias ~, nu
sworn 70 fa,,b,,,iI,. -, ~ suA4, W. q
be- reottl-ed IA <er,,,e !, hH'd - , ;
Or more sood ,,, s,,tso,a,,, -, ~" ~ g
approved nv the inSsn a,'not,,t, -, ~ u
double The ap,oni -, In, "a
and conditioned ma, he lii ,st-ss',,. u
charge All duties roo~;-oS az ~, q
receiver and tn, he LII ota. '. ~ 80 su,n u
Of the court annolntins hin, 'N' ''-e'N .
Sec &. Upnn GYMS ne h,r1 ana ..,. II
Ing the oath nroviaed ~, n No "'ai s.
section. surb roroi,er shar ,,,S'',"ih "
take possession of the rcor,sss.d .'r',.t, Il
and shall at once dispose % sa,,n y, ~ u
rected by the court and II clain,s a,.o,,a,s u
notes or other evidence ~ OBSERVATION-DISCLOSURES y
are included In tho r,or,gsI., -. -. 80, q