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" ... he shall be admitted as a creditor only for the balance of the debt after deducting the value of such property, to be ascertained by agreement between him and the assignee, or by a sale thereof, to be made in such manner as the court shall direct... "
Reports of Cases Argued and Determined in the District Courts of the United ... - Page 483
by Robert Dewey Benedict, Benjamin Lincoln Benedict - 1870
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Cases Argued and Adjudged in the Supreme Court of the United States, Volume 23

United States. Supreme Court - 1876 - 652 pages
...a debt owing to him from the bankrnpt, he shall bo admitted as a creditor only for the balance of a debt after deducting the value of such property, to...thereof, to be made in such manner as the court shall direct." With these provisions of the Bankrupt Act in force, W. A. Parks owning a plantation in Louisiana,...
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Cases Argued and Adjudged in the Supreme Court of the United States, Volume 23

United States. Supreme Court - 1919 - 660 pages
...he shall be admitted as a creditor only for the balance of a debt after deducting the value of euch property, to be ascertained by agreement between him...thereof, to be made in such manner as the court shall direct." With these provisions of the Bankrupt Act in force, W. A. Parks owning a plantation in Louisiana,...
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The Bankrupt Law of the United States, 1867,: With Notes, and a Collection ...

Edwin John James - 1867 - 348 pages
...bankrupt of a claim purchased by or transferred to '.-''.' him after the filing of the petition, "i 'When a creditor has a mortgage or pledge of real...thereof, to be made in such manner as the court shall direct ; or the creditor may release or convey his claim to /, the assignee upon such property, and...
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Bankrupt Law of 1867 and Syllabus of Contents: Together with the Rules and ...

United States - 1867 - 154 pages
...deducting the value of each property, to be ascertained by agreement between him and the assignee, or by'a sale thereof, to be made in such manner as the court shall direct. 100 Or the creditor may release or convey his claim to the assignee upon such property, and...
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The Merchants' Magazine and Commercial Review, Volume 56

William B. Dana - 1867 - 494 pages
...the value of such property, to be ascertained by agreement between him and the assignee, or by the sale thereof, to be made in such manner as the court shall direct ; or the cred ¿or may release or convey his claim to the assignee upon such property, and be...
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The American Law Register, Volume 7

1868 - 894 pages
...shall cause a list thereof to be made and duly certified by one of the registers. Sect. 20 provides that when a creditor has a mortgage or pledge of real...thereof to be made in such manner as the court shall direct. Sect. 13, above referred to, allows all creditors who have proved their debts to participate...
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An Analytical Digest of the Laws of the United States, Volume 2

Frederick Charles Brightly - 1869 - 680 pages
...admitted as a creditor only for the balance of the debt after deducting the value of such property, (d) epartment, January 13th 1859." 103. In case of a vacancy...engineer-in-chief of the navy, the appoint- ; ment th direct; (e) or the creditor may release or convey his claim to the assignee upon such property, and...
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Reports of Cases in Law and Equity, Argued and Determined in the ..., Volume 39

Georgia. Supreme Court - 1870 - 858 pages
...personal property of the bankrupt, or a lien thereon for securing the payment of a debt owing to him by the bankrupt, he shall be admitted as a creditor only...thereof, to be made in such manner as the Court shall direct; or the cred" itor may release or convey his claim to the assignee upon such property, and be...
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Wells' Every Man His Own Lawyer, and Business Form Book: A Complete Guide in ...

John Gaylord Wells - 1871 - 626 pages
...of the debt after deducti<m tiw v*5u* >tf sa^h properly, to be ascertained by agreement Ivtvwa hiiu and the assignee, or by a sale thereof, to be made in *uoh lasan^r as tho oourt sliall direct ; or the creditor may release or cvxiver his claim to the assignee...
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The American Law Register, Volume 11; Volume 20

1872 - 854 pages
...considered. The language of said section, so far as it relates to this question is as follows : " Where a creditor has a mortgage or pledge of real or personal...thereof to be made in such manner as the court shall direct." In Bump's Law and Practice of Bankruptcy is made this broad declaration : " A secured creditor...
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