| James Smith McMaster - 1909 - 824 pages
...the payment was intended to give a preference. A person is deemed insolvent within the meaning of the act " whenever the aggregate of his property, exclusive...valuation, be sufficient in amount to pay his debts." Bankruptcy Act, § la (15). The complainant, as a witness for himself, in answer to a question which... | |
| Robert Morton Hughes - Civil procedure - 1913 - 838 pages
...SAME— INSOLVENCY 61. A party is deemed insolvent, under the provisions of the first section of the act whenever the aggregate of his property exclusive...valuation, be sufficient in amount to pay his debts. This marks a radical distinction between the present act and the act of 1867. Under the latter act... | |
| James Edward Hagerty - Bankruptcy - 1913 - 412 pages
...s we aggregate of his property, exclusive of any property which he "may have conveyed or concealed with intent to defraud, hinder, or delay his creditors,"...at a fair valuation be sufficient in amount to pay all his debts. This definition of insolvency is different from any previous definition of the time.... | |
| New York (State) - Criminal law - 1913 - 1240 pages
...shall be deemed insolvent within the meaning of this section .whenever the aggregate of his property shall not, at a fair valuation, be sufficient in amount to pay his debts. (Added by L. 1913, ch. 500, in effect May 14, 1913.) § 956. Hypothecation of customers' securities.... | |
| New York (State) - Legislation - 1913 - 1170 pages
...shall be deemed insolvent within the meaning of this section whenever the aggregate of his property shall not, at a fair valuation, be sufficient in amount to pay his debts. § 956. Hypothecation of customers' securities. A person engaged in the business of purchasing and... | |
| James Edward Hagerty - Bankruptcy - 1913 - 414 pages
...definition of bankruptcy it introduced. Under this Act a person is not considered insolvent when the s wea aggregate of his property, exclusive of any property which he "may have conveyed or concealed with intent to defraud, hinder, or delay his creditors," shall not at a fair valuation... | |
| William Mark McKinney, Burdett Alberto Rich - Law - 1914 - 1424 pages
...a very different meaning to the words "insolvent" and "insolvency." ie Section 1 (15) provides that "a person shall be deemed insolvent within the provisions...valuation, be sufficient in amount to pay his debts." In order to constitute insolvency of a partnership when a firm debt is paid, the individual members... | |
| Rhode Island. Supreme Court - Law reports, digests, etc - 1913 - 672 pages
...fair valuation. Insolvency is defined in Section 1, subdivision 15 of the bankruptcy act, as follows: "A person shall be deemed insolvent within the provisions...valuation, be sufficient in amount to pay his debts." Insolvency under the definition contained in this section turns on what is a fair valuation of the... | |
| United States, John Hanna, James Angell MacLachlan - Bankruptcy - 1953 - 488 pages
...the Congress of the United States as a holiday or as a day of public fasting or thanksgiving." (19) A person shall be deemed insolvent within the provisions...which he may have conveyed, transferred, concealed, removed, or permitted to be concealed or removed, with intent to defraud, hinder, or delay his creditors,... | |
| United States. Supreme Court - Law reports, digests, etc - 1903 - 1410 pages
...the petition." [30 Stat. at L. 551, chap. 541, US Сотр. Stat. 1901, p. 3429.] By § 1 of the act "a person shall be deemed insolvent within the provisions...concealed or removed, with intent to defraud, hinder, or 2O1 delay his creditors, shall not, at a fair valu ation, be sufficient in amount to pay hidebts."... | |
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