And if such sale, assignment, transfer, or conveyance is not made in the usual and ordinary course of business of the debtor, the fact shall be prima facie evidence of fraud. Michigan Reports: Cases Decided in the Supreme Court of Michigan - Page 213by Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1881Full view - About this book
| William Selwyn - Nisi prius - 1861 - 840 pages
...evidence" (i). A bond is within the above section, Kidson v. Turner, 3 H. & N. 581. By section 166, "any contract, covenant, or security made or given by a bankrupt or other person (k) with, to, or in trust for any creditor for securing the payment of any money as a consideration... | |
| Leone Levi - Commercial law - 1863 - 664 pages
...shall, on obtaining an order of discharge, be entitled to be discharged from such custody forthwith (b). Any contract, covenant, or security made or given by a, bankrupt or other person, with, to, or in trust for any creditor, for securing the payment of any money as a consideration or with... | |
| James Hayman - Trade regulation - 1863 - 160 pages
...or expenses, in any Court, and from all costs consequent on purging his contempt. Clause 166.—Any contract, covenant, or security made or given by a Bankrupt or other person, with, to, or in trust for any Creditor for securing the payment of any money as a consideration, or with... | |
| Hong Kong. Legislative Council - 1866 - 626 pages
...at the Time of the Bankruptcy, or was then jointly bound or had any joint Contract with him. CXLVI. Any Contract, Covenant, or Security made or given by a Bankrupt or other Person with or to or in Trust for any Creditor for securing the Payment of any Money as a Consideration 328 329 Bankruptcy... | |
| John Scott, Great Britain. Court of Common Pleas - Law reports, digests, etc - 1866 - 570 pages
...the operation of the former enactment. Now, the 166th section of the last-mentioned Act enacts that " any contract, covenant, or security made or given by a bankrupt or other person, with, to, or in trust for any creditor, for securing the payment of any money as a consideration or with... | |
| United States - Bankruptcy - 1867 - 154 pages
...thereof as assets of the bankrupt. And if such sale, assignment, transfer, or conveyance is not made in the usual and ordinary course of business of the debtor, the fact shall be prima facie evidence of fraud. 147. Any contract, covenant, or security made or given by a bankrupt or other person with, or in trust... | |
| Law - 1868 - 894 pages
...clause is in these words : " And if such (any) sale, assignment, transfer, or conveyance is not made in the usual and ordinary course of business of the debtor, the fact shall be primd facie evidence of fraud." This clause throws light upon the intention of the legislature in the... | |
| Frederick Charles Brightly - Law - 1869 - 680 pages
...as assets of the bankrupt, (i) And if such gale, assignment, transfer or conveyance is not made in esota, to the Iowa line; thence along the boundary line of the state of Io prim& fade evidence of fraud. (c) 83. Any contract, covenant or security made or given by a bankrupt,... | |
| United States. Circuit Courts, Benjamin Vaughan Abbott - Law reports, digests, etc - 1870 - 670 pages
...the section, which declares : "And if such sale, assignment, transfer, or conveyance is not made in the usual and ordinary course of business of the debtor,...the fact shall be prima facie evidence of fraud." The question is, what " sales, assignments, transfers, and conveyances" are referred to in the clause... | |
| Robert Dewey Benedict, Benjamin Lincoln Benedict - Law reports, digests, etc - 1870 - 624 pages
...William Secor, Involuntary Bankrupts. provides, that, if the transfer was not made in the usual, or ordinary, course of business of the debtor, the fact shall be prima facie evidence of fraud. The act of suffering the creditor to take the property of the firm on legal process, the firm being... | |
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