CO129-269 - Governor Sir Robinson & Public Offices - 1895 [12] — Page 134

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

iraders in difficultis commencing

remove heir goals.

putting

creditors.

for

the purpose of

to

them beyond the reach of their

Proceeding then at a consideratie

expensive by

a creditor who gets

an order

the Court for sizure of the goods may, in the event of a Bankruptcy petition being filed, simply result in the pre- servation of those goods for the general body of creditors at the cost of that,

that par.

hcular creditor.

It seems only just that, in sich

cases, the Prut should have power,

in its discretion.

کسر

to allow a

a priority

to the costs of the legal proscedings of

the creditor whose exertions have thus benefitted the estate, similar to that at present accorded to the costs of the back= ruptcy petitioner.

This Ordinance was subunitted to

the Chief Justice, fir Fielding darke,

and

- approved of by him in its present

form.

D

form.

P. W. Neigh Goodman. Attorney General.

132

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