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(Copy)
Grounds and reasons for passing Ordinance No 5 of 1864 intituled "An Ordinance to amend the Law of Debtor and Creditor."
By section 4 of Ordinance No 6 of 1845 the Laws of England, except when the same should be inapplicable to the local circumstances of the Colony, were declared to be in force here, but the Bankrupt Laws have never been held as applicable, and from the first a Local Insolvent Law, by which alone a Debtor's effects could be divided among his creditors, has been the only means.
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26325
233
(Copy)
Grounds and reasons,
s for passing
Ordinance No 5 of 1864 intituled
An Ordinance to amend the
"Law of Debtor and Creditor .
Py
section 4 of Ordinance No 6 of 1045 the Laws of England except when
the same should be inapplicable to the local circumstances of the Colony
were declared to be in
force here but the Bankrupt Laws have never
been held as applicable and from
the first
a
Local Insolvent Law
by which
has been the only means
a
Debtors effects could be divided
among
his creditors.
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