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actual administration American amount annual application appointed assets Association audit authority balance bank bonds called capital cash certified certified public accountant charge claims close committee consideration considered corporation cost court creditors debts discount Electric entry examination expense fact funds give given hand held important improvement income increase interest investment issue keep labor less liabilities loss machine matter means meeting methods municipal necessary operating organization paid payment period person plant possible practice premium present principal profession profits proper public accountant purchased question railway reason received records relation rule schedule securities sinking fund statement stockholders street tion trustee United usually various York
Página 383 - Liens given or accepted in good faith and not in contemplation of or in fraud upon this Act, and for a present consideration...
Página 396 - Each stockholder of a corporation, or joint-stock association, shall be individually and personally liable for such proportion of all its debts and liabilities contracted or incurred, during the time he was a stockholder, as the amount of stock or shares owned by him bears to the whole of the subscribed capital stock, or shares of the corporation or association.
Página 380 - The court shall order the trustee to pay all taxes legally due and owing by the bankrupt to the United States, State, county, district or municipality in advance of the payment of dividends to creditors...
Página 360 - Any natural person, except a wage-earner or a. person engaged chiefly in farming or the tillage of the soil...
Página 66 - A Board of Examiners, to consist of seven practicing dentists, is hereby created, whose duty it shall be to carry out the purposes and enforce the provisions of this Act.
Página 387 - State, county, district, or municipality in which he resides; (2) are liabilities for obtaining property by false pretenses or false representations, or for willful and malicious injuries to the person or property of another...
Página 365 - All real and personal property belonging to bankrupt estates shall be appraised by three disinterested appraisers; they shall be appointed by, and report to, the court. Real and personal property shall, when practicable, be sold subject to the approval of the court; it shall not be sold otherwise than subject to the approval of the court for less than seventy-five per centum of its appraised value.
Página 379 - ... wages due to workmen, clerks, traveling or city salesmen, or servants which have been earned within three months before the date of the commencement of proceedings, not to exceed three hundred dollars to each claimant; and (5) debts owing to any person who by the laws of the States or the United States is entitled to priority.
Página 384 - That when any bankrupt shall have any insurance policy which has a cash surrender value payable to himself, his estate, or personal representatives, he may, within thirty days after the cash surrender value has been ascertained and stated to the trustee by the company issuing the same, pay or secure to the trustee the sum so ascertained and stated, and continue to hold, own, and carry such policy free from the claims of the creditors...