PDF⋙ The Law and Practice in Bankruptcy, the Practice in Bankruptcy; With the Bankrupt Law of the United States as Amended, and the Rules and Forms; ... to All Decisions Reported to May 1, 1873 by Orlando Bump
The Law and Practice in Bankruptcy, the Practice in Bankruptcy; With the Bankrupt Law of the United States as Amended, and the Rules and Forms; ... to All Decisions Reported to May 1, 1873 by Orlando Bump
The Law and Practice in Bankruptcy, the Practice in Bankruptcy; With the Bankrupt Law of the United States as Amended, and the Rules and Forms; ... to All Decisions Reported to May 1, 1873 by Orlando Bump PDF, ePub eBook D0wnl0ad
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1873 edition. Excerpt: ...prior lawful incumbrance or lien exists, the sale can only be and is made subject to such incumbrance or lien. A purchaser at an execution sale is as much bound to know of the existence of a prior lien or incumbrance existing against the property otiered by force of a judgment, execution, and levy, as if there were an ineumbrance existing by mortgage, or in any other way. (In re Jordan, 3 B. R. 45.) If the lien depends upon possession, the creditor will be deemed to have Waived and abandoned it by a voluntary surrender of the property to the as-' signee. (In re J. C. Mitchell, 5 C. L. N. 271.) A party with whom a sum of money has been deposited to indemnify him as security in an appeal from 5 judgment rendered against the bankrupt which is still pending, may hold the same until his liability is terminated. (In re Buse, 3 B. R. 52.) _ The vendor's lien for unpaid purchase money will prevail against the assignee under the bankrupt law. The lien is not extinguished by taking notes, nor by obtaining judgment upon the notes. (In re Perdue,2 B. B. 67; B. C. 2 W. J. 279.) ' The vendor's lien is personal, and not assignable. It does not pass to the transferee of a note given for the purchase money. (In re Brooks, 2 B. R. 149.) A vendor's lien is not waived by taking a mortgage on the land therefor, and takes precedence over a judgment lien obtained prior to the mortgage. (In re Bryan, 3 B. R. 28.) A vendor's lien is not waived or in any manner afi'ected by taking a mortgage upon the property therefor. (In re Hutto, 4 B. R. 191; B. C. 3 A. L. T. 197.). An attorney's lien on the papers of the bankrupt for professional services is preserved. There is no lien on any papers for opposmg the petition in involuntary bankruptcy. In...From reader reviews:
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