24.
402
confessedly inadequate Machinery suitable to its purpose and is for
it goes sufficient.
as
I and come consultations with the chief Justice was did not disapsion
view to adopt the
provisions of the Insolvent Roinance to the Colonial
of my
requirements.
I have endeavoured to effect my
of exserting the bucolient Insolvent
contined object of expanding
Binance to
the
present necessities
F the Polony by a series of declarations that certain specified acts shall constitute acts of duolvency there being the identient nets and in the world
Bankrupt act which constitute acts " Munkruptey in England.
f
the
All
§§ 1 to 5 and $§ 64 15.
کو
Prese dances of themselves
will as I expect meet all the evils, o which the commercial public in this Colony have complained, and will in all proper cases secure the property of Sebtor on quat bistribution among Cretitions generally.
The next set
clauses
of a
This
$$16
to 24 sketch out the mode of procedure
the
to constitute insolvency and to bring the debtor within the scope of insolvent Law without imprisonment.
The dances 25-26 direct the
nature
of procedure after adjudication whilet & 27 authorizes creditors to proceed otherwise than in Insolvency