THE BANKRUPTCY LAW.

Globe, Volume XXII, Issue 1965, 11 June 1880, Page 3

THE BANKRUPTCY LAW.

The following telegram, from the Hon, J. N. Wilson and Mr W. D. Stewart, Chairmen of the Committees of the Legislative Council and House of Representatives, re Bankruptcy Laws, has been received by the President of the Chamber of Commerce, and handed to us for publication ;— 11 Committees have been appointed by the Legislative Council and the House of Representatives respectively, to consider and report what amendments if any should bo made in colony. The committee invite you to forward such suggestions for their consideration as you think desirable, and would be glad to have your opinion on the following questions : —(lst.) On whose application a debtor should be made bankrupt. (2nd.) By whom the bankrupt’s estate should be administered. (3rd.) The circumstances which should disentitle a bankrupt to his discharge. (4th.) Whether any, and if so, what alterations should be made in law relating to bills of sale. (sth.) Whether the right of distress for warrants should not be modified. (6th.) By whom a bankrupt shall bo prosecuted, and whether any fund ought to be created out of which the costs should be paid. (7th.) What claim should be treated as preferential. (Bth.) Whether the present mode of arrangement by deeds should be continued. (9th.) Whether every debtor should not obtain his discharge after open hearing in Court, Your reply within the next ten days would oblige,”