 Court shall direct; or the creditor may release or convey his claim to the assignee, upon such property, and be admitted to prove his whole debt. If the value of the property exceeds the sum for which it is so held as security, the assignee may release...  The Merchants' Magazine and Commercial Review - Page 389edited by - 1867Full view - About this book
 | United States. Circuit Court (7th Circuit), Josiah Hooker Bissell - 1875 - 598 pages
...provides that, if the value of the property on which the lien attaches exceeds the debt secured by it, the assignee may " release to the creditor the bankrupt's...right of redemption therein on receiving such excess." Obviously this could not be done in the presIn re Dunkerson & Co. ent case, though the collaterals... | |
 | John Russell Hussey - 1876 - 562 pages
...assignee, or by a sale 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...redemption therein on receiving such excess ; or he may sgll the property, subject to the claim of the creditor thereon ; and in either case the assignee and... | |
 | William A. Shinn - 1876 - 624 pages
...assignee, or by sale 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...creditor the bankrupt's right of. redemption therein, upon receiving such excess ; or he may sell the property subject to the claim of the creditor thereon... | |
 | Lorenzo Smith Boswell Sawyer, United States. Circuit Court (9th Circuit) - 1877 - 740 pages
...a sale thereof, to be made in such manner as the court may direct; or the creditor may release and convey his claim to the assignee upon such property,...be admitted to prove his whole debt." * * * "If the property be not so sold, or released and delivered up, the creditor shall not be allowed to prove any... | |
 | United States. Circuit Court (2nd Circuit) - 1879 - 644 pages
...assignee, or by a sale 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...property, and be admitted to prove his whole debt. It then provides, that, liif the value of the property exceeds the sum for which it is so held as security,... | |
 | William A. Shinn - 1879 - 636 pages
...a sale thereof to be made in such manner as the court shall direct, or the creditor may release and convey his claim to the assignee upon such property,...and be admitted to prove his whole debt. ... If the property be not so sold or released and delivered, the creditor shall not be allowed to prove any part... | |
 | 1879 - 556 pages
...sale thereof to be made in such a manner as the court shall direct, or the creditor may release and convey his claim to the assignee upon such property,...and be admitted to prove his whole debt. * * If the property be not so sold, or released and delivered, the creditor shall not be allowed to prove any... | |
 | Jabez Franklin Cowdery - 1880 - 198 pages
...assignee, or by a sale 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...security, the assignee may release to the creditor the debtor's right (a) Sec. 21, subn. 4. 12. A claim for unliquidated damages can not be set off by the... | |
 | California, Nathan Newmark - 1880 - 786 pages
...assignee, or by a sale 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...security, the assignee may release to the creditor the debtor's right of redemption thereon on receiving such excess; or he may sell the property, subject... | |
 | Jonathan Henry Jellett - 1880 - 394 pages
...assignee, or by a sale 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...security, the assignee may release to the creditor the debtor's right of redemption thereon on receiving such excess; or he may sell the property, subject... | |
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