40
41.
410
calculated to destroy the
of
for
efficiency
the Insolvency Ordinance in cases
which alone that Ardinance was
originally intended.
I
When dequered my approval of a plan by which the existing Insolvency Ordinance mighty be made applicable to cares of Bankruptcy, without importing into this Colony all the complexities of the -Several Law as it exists in
as it exists in Fregland
and at the same
time the Insolvency Ardinance itself might be much improved - I thought that there alterations might well be made within the compare of some half
брати dozen clauses _ such as refining
what should be considered acts of
bankrupley-
that
a trader might
be declared bankrupte or insolvent by the Chief Justice of the Supreme
Court, on petition by a Creditor without it being imperative
debtor to
до
firat
the
to Grow in the instruce, tc. Hc., which to my
or
mind would include all that is absolutely necessary,
which could be simply and inexpensively effected even with the existing staff of the Court. The Insolvency Ardinance would not be found strong enough to bear the large additions proposed to be made to it under the weight of which the