22
Bill as
on
consideration might appen
preferable is that the
be put an end t.
Crying
with might
was
I have given ansions consideration to the subject my first intention to have taken the last English Bankrupt Act and to have altered
it es as to create a Bankruptey
durisdiction in this Colony and I began
久
long but
easy
task. On further
reflection I abandoned the benign
and for various wasous
I thought Draft
it preferable to prepare a roinance which should extend the operation of the Insolvent ordinaner now in operation
I was induced to prefer
this
Course
ansons
other
23
401
reasons
because!
no Bankrupt Law in this Colony would be allowed to carry complete immunity to the debtor every where and becauce the last English Bankrupt Lew mede provision for
an
easy
procedure there in Bankerupley where the Debtor has been made Bankrupt
Insolvent in
any
Plony,
see sections
754 2/8 of the Imperial Bankrupt
Act
51861-
Other reason were
that
a
complicated system of Bankruptcy procedure is inxpplicable in a small Colony where adequate machinery
cannot be introduced and that the present Insolvent Ordinance/com
2
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