| 1908 - 1118 Seiten
...clause "h" of section 57 [US Comp. St. 1901, p. 3443], which provides how securities are to be valued : "The value of securities held by secured creditors...compromise, or litigation, as the court may direct, and the amount of such value shall be credited upon such claims, and a dividend shall be paid only... | |
| 1903 - 1116 Seiten
...unless euch creditors shall surrender their preferences.' Section 57h of the act reads as follows: 'The value of securities held by secured creditors...according to the terms of the agreement pursuant to which the securities were delivered to such creditor or by such creditor and trustee and a dividend slmll... | |
| 1907 - 1220 Seiten
...above the value of the securities." Although section 57h provides that the value of such securities may be determined "by converting the same into money according...such securities were delivered to such creditors," it cannot be contended, in view of the authorities above cited and the obvious justice of the situation,... | |
| Henry Campbell Black - 1898 - 350 Seiten
...received preferences shall not be allowed unless such creditors shall surrender their preferences. h The value of securities held by secured creditors...compromise, or litigation, as the court may direct, and the amount of such value shall be credited upon such claims, and a dividend shall be paid only... | |
| United States - 1898 - 36 Seiten
...received preferences shall not be allowed unless such creditors shall surrender their preferences. h The value of securities held by secured creditors...compromise, or litigation, as the court may direct, and the amount of such value shall be credited upon such claims, and a dividend shall be paid only... | |
| Edwin Charles Brandenburg - 1898 - 744 Seiten
...received preferences shall not be allowed unless such creditors shall surrender their preferences. h. The value of securities held by secured creditors...compromise, or litigation, as the court may direct, and the amount of such value shall be credited upon such claims, and a dividend shall be paid only... | |
| Orlando Bump - 1898 - 998 Seiten
...their securities or priorities. * * * ACT OF 1898, Cu. 4, § 57. * * * Value of Securities.— (h) The value of securities held by secured creditors...compromise, or litigation, as the court may direct, and the amount of such value shall be credited upon such claims, and a dividend shall be paid only... | |
| Theodor Aub - 1899 - 308 Seiten
...received preferences shall not be allowed unless such creditors shall surrender their preferences. h — The value of securities held by secured creditors...compromise, or litigation, as the court may direct, and the amount of such value shall be credited upon such claims, and a dividend shall be paid only... | |
| John Lowell, James Arnold Lowell - 1899 - 928 Seiten
...will permit. ences shall not be allowed unless such creditors shall surrender their preferences. h. The value of securities held by secured creditors...compromise, or litigation, as the court may direct, and the amount of such value shall be credited upon such elaims, and a dividend shall be paid only... | |
| 1899 - 922 Seiten
...:>rtff rerices shall not be allowed unless such credit >rs i-hall surrender their preferences. - Л. The value of securities held by secured creditors...delivered to such creditors or by such creditors and the tpj»ïr«?. by agreement, arbitration, compromise, or li"iirati»n. as the court may direct, and the... | |
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