D. 1891.]
BANKRUPTCY.
[No. 39.
and the Court may, on his application, enforce such acquisition or retention accordingly.
(3) Where any part of the property of the bankrupt consists of stock, shares in ships, shares, or any other property transferable in the books of any company, office, or person, the Trustee may exercise the right to transfer the property to the same extent as the bankrupt might have exercised it if he had not become bankrupt.
(4) Where any part of the property of the bankrupt consists of things in action, such things shall be deemed to have been duly assigned to the Trustee.
(6) Any officer, clerk, servant, compradore, employé, or person acting as banker, attorney, or agent of a bankrupt shall pay and deliver to the Trustee all moneys and securities in his possession or power which he is not by law entitled to retain as against the bankrupt or the Trustee. If he does not, he shall be guilty of a contempt of Court and be punished accordingly, on the application of the Trustee.
property of bankrupt. 46 & 47 Vict
44. Any person acting under a warrant of the Court may seize any part of the property of a bankrupt in the custody or possession of the bankrupt or of any other person, and, with a view to such seizure, may break open any house, building, or room of the bankrupt where the bankrupt is supposed to be, or any building or receptacle of the bankrupt where any of his property is supposed to be; and when the Court is satisfied that there is reason to believe that any property of the bankrupt is concealed in a house or place not belonging to him, the Court may, if it thinks fit, grant a search warrant to any constable or officer of the First Court who may execute it accordingly.
Schedule: Form No. 25.
Sale of property out of the Colony.
45. Where the bankrupt is possessed of any property out of the Colony, the Trustee shall require him to join in selling the same for the benefit of the creditors and to sign all necessary authorities, powers, deeds, and documents for the purpose, and if and so often as the bankrupt refuses to do so, he may be punished for a contempt of Court.
46. When a bankrupt is an officer of the Navy or Army or an officer or clerk otherwise employed or engaged in the Civil Service of Government, the Trustee shall receive for distribution among the creditors so much of the bankrupt's pay or salary as the Court, on the application of the Trustee, with the consent of the Chief Officer of the Department under which the pay or salary is enjoyed, may direct.
47. (1) Until a Trustee is appointed, the Official Receiver shall be Trustee for the purposes of this Ordinance, and, immediately on a debtor being adjudged bankrupt, the property of the bankrupt shall vest in the Trustee:
Appropria-tion of portion of pay or salary of certain officers.
Vesting and transfer of property.
6. s. 54.
D. 1891.]
BANKRUPTCY.
[No. .
39.
nd the Court may, on his application, enforce such acquisition or retention accordingly.
(3) Where any part of the property of the bankrupt consists of stock, shares in ships, shares, or any other property transferable in the books of any company, office, or person, the Trustee may exercise the ght to transfer the property to the same extent as the bankrupt might have exercised it if he had not become bankrupt.
(4) Where any part of the property of the bankrupt consists of ags in action, such things shall be deemed to have been duly assigned to the Trustee.
(6) Any officer, clerk, servant, compradore, employé, or person acting banker, attorney, or agent of a bankrupt shall pay and deliver to the Trustee all moneys and securities in his possession or power which he is not by law entitled to retain as against the bankrupt or the Trustee. If he does not, he shall be guilty of a contempt of Court and be
may panished accordingly, on the application of the Trustee.
property of bankrupt. 46 & 47 Vict
44. Any person acting under a warrant of the Court may seize any Seizure of part of the property of a bankrupt in the custody or possession of the bankrupt or of any other person, and, with a view to such seizure, may break open any house, building, or room of the bankrupt where the bankrupt is supposed to be, or any building or receptacle of the bankrupt here any of his property is supposed to be; and when the Court is tahsfied that there is reason to believe that any property of the bankrupt concealed in a house or place not belonging to him, the Court may, if thinks fit, grant a search warrant to any constable or officer of the First Court who may execute it accordingly.
Schedule: Form No. 25.
Sale of pro- perty out of the Colony.
45 Where the bankrupt is possessed of any property out of the Colony, the Trustee shall require him to join in selling the same for the benefit of the creditors and to sign all necessary authorities, powers, Leeds, and documents for the purpose, and if and so often as the bank-
upt refuses to do so, he may be punished for a contempt of Court.
46. When a bankrupt is an officer of the Navy or Army or an cer or clerk otherwise employed or engaged in the Civil Service of Government, the Trustee shall receive for distribution among the editors so much of the bankrupt's pay or salary as the Court, on the officers.
plication of the Trustee, with the consent of the Chief Officer of the Ib. s. 53.
artment under which the pay or salary is enjoyed, may direct.
47 (1) Until a Trustee is appointed, the Official Receiver shall be Trustee for the purposes of this Ordinance, and, immediately on a being adjudged bankrupt, the property of the bankrupt shall in the Trustee:
Appropria- tion of portion
of pay or salary of
certain
Vesting and
transfer of property.
6. s. 54.
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