ACCOMMODATION BILLS.
An insolvent, accepting accommodation bills, when unable to meet his own engagements, ordinarily contracts a debt without reason- able expectations of payment. Re Sorrell, 139 Accepting an accommodation bill at a time when the acceptor is unable to pay his debts contracted for valuable consideration, is con- tracting a debt without probable expectation of paying the same; and allowing the prin- cipal who received money for the bill to sell his chattels and leave the country, without informing the parties who discounted the bill, will be deemed evidence of an original fraudulent intention. Re Allen, 189
A. B. having petitioned the Insolvent Court, his discharge was opposed by the plaintiff on the ground of fraud, which opposition he agreed to withdraw, on being paid his de- mand in full; and, accordingly, having re- ceived a bill of exchange for the amount drawn by the insolvent upon and accepted by the defendant, he withdrew his opposition: Held, that the agreement being contrary to the policy of the insolvent law, the plain- tiff could not maintain an action upon the bill even against the acceptor. Lewis v. Kelly, 159
The court has no power to amend the petition under the 7 & 8 Vict. c. 96. Re Mewburn, 2
Held, that there is no jurisdiction in the Court for Relief of Insolvent Debtors in London to
review, alter, or annul proceedings in insol- vency in the County Courts. Re Lewis, 100
The assets of the estate of a deceased insolvent
being paid into court, are claimed by the administratrix and next-of-kin, who offer one-third to the creditors. The assignees claim payment in full. How are the assets to be apportioned? Re Hooker, 55
The assets of the estate of a deceased insolvent being paid into court, are claimed by the administratrix and next-of-kin, who offer one-third to the creditors. The assignees claim payment in full. How are the assets to be apportioned?
Semble, the creditors cannot claim pay- ment of their unsatisfied debts where judg- ment has not been entered up before the death of the insolvent. Re Hooker, 61
Women will not be appointed assignees. Re
Where there is no express contract for the pay- ment of the messenger's fees, the creditors' assignee in insolvency under 5 & 6 Vict. c. 116, s. 1, and 7 & 8 Vict. c. 96, s. 4, is not liable for them. Hamber v. Hall, 201
Held, that the judge of a County Court pos- sesses and may exercise all the powers exer- cised by the Court for Relief of Insolvent Debtors at a hearing in reference to the no- mination or appointment of assignees, but unless he duly forward the papers containing the notification of appointment and accept- ance, as required by the 10 & 11 Vict. c. 102, s. 10, to the court-house in Lincoln's-inn- fields, the court will not take judicial notice of the appointment, and will proceed to act upon an application by another party for the appointment as if there was no such assignee. Re Howe, 214
A. being assignee of the estate of W. depo- sited money in the bank of N., which bank failing, the money was lost:
Held, that if the assignee exercises the same care of the trust property as he would
of his own, and is not guilty of negligence, and does not in depositing or distributing the funds deviate from the ordinary course of business or practice, but debits himself with the trust funds as a separate account, he is not liable. Re Williams, clerk, 306 Creditors of an insolvent who hold mortgages, the benefit of which they will not consent to waive, are not allowed to vote in the nomi- nation of assignees.
A creditor who is a near relative of an in- solvent will not be appointed assignee. Re Cullyford, 70
Assignees will be allowed at the rate of five per centum as a remuneration for the perform- ance of their duties. Re Jacobs, 111 The court will order an assignee to make good any deficiency in an insolvent's estate and effects caused by the mismanagement or mis- conduct of the assignee. Re Upton, 208 Assignees may be appointed before the hearing and the filing of a schedule. Re Ward, 289 Held, that there is no power to appoint credi- tors' assignee upon the day for granting the final order, unless the first examination has been adjourned for that purpose. Re Eccle- stone, 314
of the Commissioners of Her Majesty's Trea- sury for the time being, certified under their hands, pursuant to the 3 & 4 Vict. c. 107, s. 92 (English analogous, 1 & 2 Vict. c. 110, s. 103. Re Flynn, 167
The rule of instruction by the court respecting oppositions by attorneys, upon application. of insolvents to be admitted to bail till their hearing, under 1 & 2 Vict. c. 110, is thus endorsed upon the "Original notice of sure- ties"-"Any creditor by himself, by coun- sel, or by his attorney or attorney's agent may there object to the proposed sureties, or otherwise object to such application."
Held, that an attorney not being an attor- ney named on the record, or the agent of such attorney, could not be heard. Re Ellis,
Where the residence of a surety is misstated in his affidavit, the court will not allow it to be amended, and the bail will not be ac- cepted. Re Hope, 298
A creditor may become bail for an insolvent. Re Higgins, 9
Held, that an uncertificated bankrupt may be discharged under the Insolvent Act. Urquhart, 20
The attorney for the creditor may oppose bail, Can a bankrupt, whose certificate is suspended
It is not absolutely necessary that the bail in all cases should be double the amount of the judgment debts. Re Jenvey, 9 When there is a clear case of remand against an insolvent, he will not be admitted to bail till his hearing. Re Dodds, 71
The court allows attorneys to oppose for credi- tors in matters of bail. Re Hart, 81 A sheriff's officer will not be accepted as a surety for an insolvent's appearance at his hearing. Re Johnson, 83
An insolvent cannot be heard unless in actual custody on the day appointed for his hearing. Re Higgs, 85
Where the petition of an insolvent is dismissed on the ground of his having presented a schedule not giving a true account of his affairs, and although liberty may be given to file a new schedule, he will not be allowed to be on bail till the second hearing, unless there are favourable circumstances in the case which did not appear on the first hear- ing. Re Waters, 165
A debt due by a pay-clerk of the Board of Works in Ireland is a debt due to the Crown, and in case of his insolvency he cannot be admitted to bail without the consent of three
by the Court of Bankruptcy for a limited time, be relieved by this court?
Held, that this court will not interfere. Re Felthouse, 20
An absolute bill of sale is valid in case of insol- vency, notwithstanding the provisions of sect. 61 of the Insolvent Debtors Act.
The 61st section of the Insolvent Debtors Act applies only to conditional bills of sale.
Where defendant, in answer to an action of trover by the assignee of an insolvent for certain furniture, set up an absolute bill of sale, the plaintiff was allowed the costs of witnesses called to prove that such bill of sale was fraudulent. Harding (assignee) v. Tingey, 158
BREACH OF TRUST.
Under the 1 & 2 Vict. c. 110, the practice is, that any agreement or settlement between the parties subsequent to the contracting of a debt, which has the effect of altering its nature or character, will bar complaint.
Held, that this rule is extended to oppo- sitions for improperly contracting a debt under the Protection Statutes. Re O'Con- nell, 48
Under the stat. 1 & 2 Vict. c. 110, in cases of | insolvents who are defaulters, the court deems it necessary on the part of the opposition to prove something more than a simple deficiency of accounts something to evince a guilty mind in the person whose deficiency of account is charged as an offence, and
Semble, that, under the Protection Sta- tutes, the court will judge the malus animus of an insolvent from the evidence adduced. Re Callis, 52
Case by an insolvent beneficed clergyman against the defendants for negligence as attorneys.
The first count of the declaration charged that, in consequence of the negligence of the defendants, judgment was obtained against the plaintiff, and that he was brought before the Court of Exchequer by virtue of a writ of habeas corpus, and remanded to the Queen's Prison, charged with the amount for which the judgment was obtained, and that he was put to expense in endeavouring to reverse the judgment.
Held (on general demurrer to a plea), that such cause of action did not pass to the plaintiff's assignees by the vesting order under 1 & 2 Vict. c. 110.
The second count charged negligence in setting aside a sequestrari facias which had been issued against the plaintiff's living, by reason whereof the writ remained in force longer than it otherwise would have done, whereby the plaintiff lost the rents, &c.; but it did not aver any other damage.
Held (on special demurrer to a plea), that the cause of action did pass to the plaintiff's assignees. Wetherell v. Julius and another, 173
The defendant not appearing, the court will not make any order for his commitment until he has first been served with a summons to show cause why he sbould not be committed. Beynon and others v. Bowers, 49 An order for payment of a debt by instalments obtained upon a judgment recovered in a County Court, being produced,
Held, that this court may grant protection against an order for payment by instalments, although it cannot against an order or war- rant of commitment. Re House, 53 The public officers of a company neglecting to obey the order of the court for the transfer of certain shares belonging to an insolvent
into the name of the provisional assignee will be committed to the Queen's prison Re Palmer, 116
Where an insolvent out on bail is arrested under a commitment of a County Court, prior to the date of the petition, this court cannot interfere. Re Stent, the elder,
A. being committed by a County Court for forty days for nonpayment of a debt, he being of ability to pay :
Semble, that the creditor cannot file a petition under the 1 & 2 Vict. c. 110, s. 36. and obtain an order for the vesting and dis- tribution of the debtor's effects, according to the provisions of the act, inasmuch as he is in custody under a commitment against which subsequent legislation has rendered it impossible for the court to discharge the debtor, and there is no principle of recipro- city in vesting the debtor's property for the benefit of his creditors, when he himself can receive no benefit from the proceedings. Re Armstrong, 262
An insolvent imprisoned for contempt by another court, for any other cause than non- payment of money, will not be discharged till he has purged himself from that con- tempt. Re Roger, 72
Trover by the assignee of an insolvent.
Plea, that insolvent was not possessed. The plaintiff, to prove that at a certain time the insolvent was possessed, put in evidence a bill of sale, by which the insolvent professed to assign an absolute right to the property in question to the defendant, and then pro- ceeded to show that such bill of sale was fraudulent.
A verdict was returned for the plaintiff.
Held, that the Master was right in allow- ing the plaintiff the costs of impeaching the bill of sale. That the 61st section of the 1 & 2 Vict. c. 110, does not apply to an ab- solute bill of sale, but only to a conditional bill of sale, and that therefore the plaintiff was entitled to give evidence of the fraudu- lent nature of this document. Harding (assignee,) v. Tingey, 184
A petition being dismissed at insolvent's re- quest, the costs of opposition were allowed out of money in court belonging to the estate. Re Herrick, 207
Held that the insolvent or his attorney has a right to be present at the taxation of the assignees' bills of costs. Re Dyson, 287
Circumstances under which the court will re- fuse to grant an insolvent protection against County Court judgments. Re Symons, 24
There is no invariable rule as to the mode of dealing with insolvents against whom judg- ments have been obtained in the County Courts.
The court will exercise its discretion in every such case, upon a view of all the circum- stances. Re Dain, 25
A judge of the County Court has jurisdiction to commit an insolvent for nonpayment of instalments under an order of the court, before the final order in insolvency, and after protection granted.
A judgment summons under the County Courts Act is not process within the meaning of the Insolvent Acts.
A protection for a limited time, granted by the Insolvent Court, is not a bar to proceed- ings in the County Court. Brock v. Yarnold, 179
COUNTY COURT ORDER.
A., an insolvent debtor, received his current pay as a warrant officer between the date of his vesting order and his discharge under the 1 & 2 Vict. c. 110, and spent the whole in the support of himself and his children:
It was held by the judge of the County Court that A. was not entitled to his dis- charge until the whole sum so expended was paid to the official assignee for the creditors.
Held, that this cannot alter or amend the adjudication of the judge of the County Court. Re Down, 248
The court, in delaying the discharge of an insolvent in custody for damages in an action for seduction, will be guided solely by the amount of the damages and the situation in life of the parties. Circumstances of aggra- vation or extenuation are for the consider- ation of the jury at the trial. Re Howard, 296
DEBTS (AMOUNT OF.)
Debts included in schedules under the Protec- tion Statutes must be included in estimating the amount of a trader-debtor's liabilities upon subsequent applications to the court under these statutes, and if together they
exceed the statuteable limit, the petition will be dismissed. Re Hurren, 139
An insolvent, detained in prison after the period of his remand has expired, at the suit of a creditor whose detainer was lodged sub- sequently to the hearing, and whose debt is inserted in the schedule, will, on application to that effect, be discharged by the court. Re Dillon, the younger, 118
A prisoner for debt applies for leave to come up for a hearing under the 7 & 8 Vict. c. 96; but it appearing that he had fraudulently assigned property to his brother-in-law, the application is refused.
Query, as no assignee is, or can be, ap- pointed, and the petition remains on the files of the court, how is the property fraudulently assigned to be reached by the creditors ?
A rule nisi will be granted upon the insol- vent to show cause why his petition should not be taken off the files of the court, upon which, no cause being shown, the petition will be dismissed. The creditor will then be at liberty to file a creditor's petition, under the 1 & 2 Vict. c. 110. Re Brenning, 95 An insolvent arrested between the hour of filing his petition and that in which he obtains the protection signed by the com- missioner, will be discharged. Re O'Beirne,
In the year 1847 defendant was taken in execu- tion, and in July, 1849, the plaintiff died in insolvent circumstances. On the 19th Fe- bruary, 1850, the plaintiff's will was proved, his widow being executrix. In the following August the widow died intestate and without issue; and though a diligent search had been made, no personal representative or next-of- kin could be found. The court declined granting a rule for the defendant's discharge, but acceded to a proposal of the defendant that the case should be referred to the Master to inquire into and report upon it at the defendant's expense, power being given him to advertise for next-of-kin. Ridsdale v. Latour, 197
Quære, does the discharge of a debtor in execution by the plaintiff operate as a satisfac- tion of the debt, so as to disable the plaintiff from proving for a dividend made under a creditor's petition, filed previous to the dis- charge, and under which no schedule had been filed?
Held, that a discharge of the debtor before adjudication is satisfaction; but that after adjudication it is not. Re Gooding, 220 Defendant being indebted to plaintiff assigned to him, by deed of mortgage, three policies of assurance on defendant's life, and cove- nanted to pay the annual premiums, and if he did not, and plaintiff paid them, to repay plaintiff. Defendant afterwards became in- solvent, and was discharged under the In- solvent Debtors Act. A premium accrued due after the discharge, and being unpaid by the defendant, and plaintiff having paid it, and not been repaid:
Held, that defendant was not discharged from liability for these breaches of covenant by his discharge from the original debt under the statute 1 & 2 Vict. c. 110. Russell v. Smith, 224
The discharge out of custody of an insolvent
petitioner, by his detaining creditor, under stat. 1 & 2 Vict. c. 110, before any adjudi- cation, has the effect of divesting his estate from the provisional assignee and revesting it in the insolvent. Grange v. Trickett, 264
DISCHARGE AD INTERIM. Held, that creditors may oppose a peti- tioner's application for a discharge ad interim upon the grounds of opposition enumerated in section 24 of the 7 & 8 Vict. c. 96, and that the court will act upon these grounds of opposition there enumerated, not only upon "the day for the first examination," but also upon the preliminary application in the case of prisoners for a discharge ad interim. Re Mansell, 219
Creditors may oppose a petitioner's application for a discharge ad interim, upon the grounds of opposition enumerated in section 24 of the 7 & 8 Vict. c. 96, and the court will act upon these grounds of opposition there enumerated, not only upon "the day from the first examination " but also upon the preliminary application in the case of pri- soners for a discharge ad interim. Re Man- sell, 246
A petitioner who is in custody, and applies for his discharge ad interim, under the 7 & 8 Vict. c. 96, s. 6, will not be discharged unless he is 66 a prisoner in execution upon a judg- ment obtained in an action for the recovery of a debt." Re Bell, 293
The general rule upon declaration of dividend and proof of debts is that creditors holding securities from the debtor alone shall not prove unless the security be given up or its value ascertained by sale, so that the creditor may prove for the difference; but the court will, under peculiar circumstances, and upon sufficient cause shown, where the amount of the creditor's debt is very considerable, stay the dividend, direct the creditor's security to be estimated at its maximum value, and allow him to prove for the difference, he undertaking that, if the security is ultimately sold for more than the estimated maximum value, the surplus should be paid to the assignees. Re Edward Bell, 233 Held," that creditors
having received dividend from a separate fund produced from an insolvent's estate in Scotland, will be ex- Icluded from dividend until the other cre- ditors are placed upon an equality with them by having received dividends to the same amount. Re Busby, 317
A petitioner, who has assigned his property to trustees for creditors within three months prior to the date of his petition, must pay the full value of it into court or the petition will be dismissed. Re Merrall, 115
It was necessary to allege in a plea in bar under the general form given in the 10th section of the 5 & 6 Vict. c. 116, that the debt sued for accrued before the filing of the petition; but now a plea in bar, in order to be good under that section, as modified by the subsequent act (7 & 8 Vict. c. 96) should allege not only that the debt accrued before the filing of the petition, but also that it was named in the schedule. Phillips and Another v. Pickford, 169
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