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" But it is also used in a more restricted sense, to express the inability of a party to pay his debts, as they become due in the ordinary course of business. "
Atlantic Reporter - Σελίδα 62
1895
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Albany Law Journal, Τόμος 34

1887 - 542 σελίδες
...insolvency, ' add : ' But it is also used in a more restricted sense to express inability of a party to pay his debts, as they become due, in the ordinary course of business. It is in the latter sense that the term is used when traders and merchants are said to be...

Reports of Cases Argued and Adjudged in the Supreme Court of the ..., Τόμος 80

United States. Supreme Court - 1872 - 1546 σελίδες
...insolvency, as used in the bankrupt act when applied to traders and merchants, is meant inability of n purty to pay his debts, as they become due, in the ordinary course of business. 2. The transfer, by a debtor, of a largo portion of his property, while ho il insolvent,...

The American Law Register, Τόμος 11;Τόμος 20

1872 - 854 σελίδες
...insolvency, as used in the Bankrupt Act when applied to traders and merchants, is meant inability of a party to pay his debts as they become due in the ordinary course of business : Too/ et al. v. Martin, Assignee, &c.,U Wall. The transfer by a debtor of a large portion...

The National Bankruptcy Register Reports: Containing All the ..., Τόμος 5

William A. Shinn - 1873 - 546 σελίδες
...to pay his debts. But the time comes when he is not able, and they know it. They know that he fails to pay his debts as they become due, in the ordinary course of business ; that he sends notice to all his creditors ; that he must have one year's extension or must...

Albany Law Journal, Τόμος 16

1877 - 510 σελίδες
...the sense of the bankrupt act means that the party whose business affaire are in question is unable to pay his debts as they become due, in the ordinary course of his daily transactions ; and a creditor may be said to have reasonable cause to believe his debtor to be...

Albany Law Journal, Τόμος 16

1877 - 510 σελίδες
...the sense of the bankrupt act means that the party whose business affairs are in question is unable to pay his debts as they become due, in the ordinary course of his daily transactions ; and a creditor may be said to have reasonable cause to believe his debtor to be...

The Law of Insolvency: Being the Voluntary and Involuntary Law of California ...

Jabez Franklin Cowdery - 1880 - 198 σελίδες
...assets of an individual to pay his debts. In a restricted sense it means the inability of a person to pay his debts as they become due in the ordinary course of business. The act does not pretend to define every case of insolvency, or the evidence of insolvency,...

A Treatise on the Law and Practice of Voluntary Assignments for the Benefit ...

Alexander Mansfield Burrill - 1882 - 906 σελίδες
...popular meaning. But it is also used in a more restricted sense to express the mability of a party to pay his debts as they become due in the ordinary course of business. It is in this latter sense that the term is used when traders and merwith property,1 and...

United States Reports: Cases Adjudged in the Supreme Court at ..., Τόμος 202

United States. Supreme Court, John Chandler Bancroft Davis, Henry Putzel, Henry C. Lind, Frank D. Wagner - 1906 - 702 σελίδες
...660; Publishing Co. v. Wheel Co., 95 Tennessee, 634. Insolvency expresses the inability of a party to pay his debts as they become due in the ordinary course of business. Toof v. Martin, 13 Wall. 47. Mere inadequacy of assets of a bank to pay its debts is not...

The American Reports: Containing All Decisions of General Interest ..., Τόμος 48

Isaac Grant Thompson - 1885 - 1000 σελίδες
...popular meaning. But it is also used in a more restricted sense, to express the inability of a party to pay his debts as they become due in the ordinary course of business. It is in this latter sense that the term is used when traders and merchants are said to be...




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