2
391
his hand upon aspets- the existence
unknown to others- as
much
which is of
or more interested
in the proper realization of the Insolvent Estate. Great injustice is thereby done even to one
resident in the Colony as compared with another,
while creditors who unfortunately.
have
are non-resident
no chance whatever of recovering anything
out of the instant scramble
for
such
properly as -
Excists- when everything realizable has been laid. hold of shoved an unsatisfied Creditor choose to have the Ensolvent imprisoned, it is then for
the
time in the power of the latter to appeal fival for protection to the Supreme bout, whose officers
-proceed to take charge of his affaires.
State
of
In
order to reme
remedy this unsatisfactory
the existing law the Chamber do not
presume to profound any
}
}
y
which would
as
fully
meet the Endo contemplated,
this will be much better left to the Experience of
the legal advisers of Government. They trust
however that this Excellency the Administrator
be induced to
of
the
Government may
necessity for such
an Ordinance
ал
be
pleased to
give
directions accor
regard
the
pressing, and
rdingly that it be
prepared. If not passed in Council until it had
received the revision
of
the law officers in England:
it might by this method all the better be brought
into harmony with recent Imperial legislation
on
the Bankruptcy question.
The Chamber however may offer
one or
tivo practical suggestions which experience has
this subject. They think it -
dictated on
advisable that power should be
given lo adjudge
Scheme
of an Ordinance
a debtor
a
bankrupt Either on his
bun
petition
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