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" ... suffered or permitted, while insolvent, any creditor to obtain a preference through legal proceedings, and not having at least five days before a sale or final disposition of any property affected by such preference vacated or discharged such preference... "
Commercial Law - Page 72
by Darwin Curtis Gano, Samuel Colin Williams - 1904 - 399 pages
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The Federal Reporter, Volume 135

Law reports, digests, etc - 1905 - 1124 pages
...c. 487, 32 Stat. 797 [US Comp. St. 1903, p. 410], providing that If the bankrupt suffer or permit, while Insolvent, any creditor to obtain a preference...proceedings, and not having at least five days before sale or final disposition of any property affected by such preference vacated or discharged the same,...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 97-98

Law reports, digests, etc - 1900 - 2044 pages
...adjudication was based on clause 3 of section 3 of the statute (30 Stat. 546). as follows: "Or (3) suffered or permitted, while Insolvent, any creditor...through legal proceedings, and not having at least flve days before a sale or final disposition of any property affected by such preference vacated or...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 93-94

Law reports, digests, etc - 1899 - 2060 pages
...Bankrupt Act 1898. § 3, cl. 3, providing that It shall be an net of bankruptcy If a debtor shall have "suffered or permitted, while Insolvent, any creditor...obtain a preference through legal proceedings," and not vacated or discharged such preference "at least five days before a sale or final disposition of any...
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The Federal Reporter, Volume 129

Law reports, digests, etc - 1904 - 1108 pages
...said levy at said premises on November 4, 1903, thereby suffering and permitting, while insolvent, a creditor to obtain a preference through legal proceedings, and not having, at least five days before the sale or final disposition of any property affected by such preference, vacated or discharged same...
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The Federal Reporter, Volume 116

Law reports, digests, etc - 1902 - 1128 pages
...bankruptcy that he "on the twenty-seventh day of January, 1899, suffered, while insolvent, other creditors to obtain a preference through legal proceedings, and not having at least five days before sale or final disposition of his property affected by such preference vacated such preference". There...
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The Federal Reporter, Volume 203

Law reports, digests, etc - 1913 - 1050 pages
...by the act of 1867 in denning the eighth act of bankruptcy, have a suggestive resemblance to "suffer or permitted while insolvent any creditor to obtain a preference through legal proceedings," which in the act of 1898 formed part of the description of the third act. Nevertheless, the acts themselves...
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The Federal Reporter, Volume 124

Law reports, digests, etc - 1903 - 1112 pages
...and a failure for at least five days to vacate and discharge the preference in terms refers to the five days before a sale or final disposition of any property affected. It is not averred that this attachment will result in creating a preference, nor does it appear what...
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The Supreme Court Reporter, Volume 22

Law reports, digests, etc - 1902 - 988 pages
..."intent to give a preference," of the former statute, makes it an act of bankruptcy if the debtor bas in the sale or transportation of any such article or commodity, has not "vacated or discharged such preference" five days before a •ale of the property. By § GO...
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Harvard Law Review, Volume 22

Electronic journals - 1909 - 672 pages
...declares that ' a partnership . . . may be adjudged a bankrupt'; that a person who suffers or permits, ' while insolvent, any creditor to obtain a preference...preference, vacated or discharged such preference, 1 commits an act of bankruptcy;, that the word ' persons' shall include . . . ' partnerships '; that'...
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National Bankruptcy Law: Approved July 1, 1898. Uniform System of Bankruptcy

United States - 1898 - 36 pages
...(2) transferred, while insolvent, any portion of his property to one or more of his creditors; or (3) suffered or permitted, while insolvent, any creditor...preference vacated or discharged such preference ; or (4) made a general assignment for the benefit of his creditors ; or (5) admitted in writing his inability...
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