HEARINGS

BEFORE THE

COMMITTEE ON INTERSTATE COMMERCE

Congress.
UNITED STATES SENATE

SEVENTY-SIXTH CONGRESS

FIRST SESSION

ON

H. R. 5407

AN ACT TO AMEND AN ACT ENTITLED "AN ACT TO ESTABLISH
A UNIFORM SYSTEM OF BANKRUPTCY THROUGHOUT
THE UNITED STATES," APPROVED JULY 1, 1898,
AND ACTS AMENDATORY THEREOF AND
SUPPLEMENTARY THERETO

MAY 10, 11, AND 12, 1939

Printed for the use of the Committee on Interstate Commerce

TO AMEND THE BANKRUPTCY ACT

WEDNESDAY, MAY 10, 1939

UNITED STATES SENATE,

COMMITTEE ON INTERSTATE COMMERCE,

Washington, D. C.

The committee met, pursuant to call, at 10 a. m., in the Capitol, Senator Burton K. Wheeler (chairman) presiding.

Present: Senators Wheeler (chairman), Johnson of Colorado, White, Tobey, and Gurney.

The CHAIRMAN. The committee will come to order. We will consider this morning H. R. 5407, which will be made a part of the record. (The bill under consideration, H. R. 5407, is as follows:)

76TH CONGRESS
1ST SESSION

H. R. 5407

IN THE SENATE OF THE UNITED STATES

APRIL 18, 1939

Received from the House of Representatives by the Secretary of the Senate, under
the order of the Senate of April 17, 1939, and referred to the Committee on Inter-
state Commerce

AN ACT

To amend an Act entitled "An Act to establish a uniform system
of bankruptcy throughout the United States", approved July
1, 1898, and Acts amendatory thereof and supplementary
thereto.

1 Be it enacted by the Senate and House of Representa-
2 tives of the United States of America in Congress assembled,
3 That the Act of July 1, 1898, entitled "An Act to establish
a uniform system of bankruptcy throughout the United
5 States", as amended, is hereby further amended by adding
6 thereto a new chapter, to be designated chapter XV, and
7 to read as follows:

4

1