| 1903 - 1116 страница
...unless euch creditors shall surrender their preferences.' Section 57h of the act reads as follows: 'The value of securities held by secured creditors...according to the terms of the agreement pursuant to which the securities were delivered to such creditor or by such creditor and trustee and a dividend slmll... | |
| 1910 - 2132 страница
...according to the agreement pursuant to which they were delivered to the creditor, or by agreement, compromise, or litigation, as the court may direct, and the amount of such value credited on the claims and dividends paid on the balance. [Ed. Note. — For other cases, see Bankruptcy,... | |
| 1907 - 1220 страница
...above the value of the securities." Although section 57h provides that the value of such securities may be determined "by converting the same into money according...such securities were delivered to such creditors," it cannot be contended, in view of the authorities above cited and the obvious justice of the situation,... | |
| John Lowell, James Arnold Lowell - 1899 - 928 страница
...will permit. ences shall not be allowed unless such creditors shall surrender their preferences. h. The value of securities held by secured creditors...the amount of such value shall be credited upon such elaims, and a dividend shall be paid only on the unpaid balance. *". Whenever a creditor, whose claim... | |
| 1899 - 922 страница
...:>rtff rerices shall not be allowed unless such credit >rs i-hall surrender their preferences. - Л. The value of securities held by secured creditors...delivered to such creditors or by such creditors and the tpj»ïr«?. by agreement, arbitration, compromise, or li"iirati»n. as the court may direct, and the... | |
| John Adriance Bush, United States - 1899 - 712 страница
...received preferences shall not be allowed unless such creditors shall surrender their preferences. (h.) The value of securities held by secured creditors...the agreement pursuant to which such securities were dclivered to such creditors or by such creditors and the trustee, by agreement, arbitration, compromise,... | |
| 1901 - 620 страница
...securitres." As to Ihr manner of determining the value of these securities, section 57h provides that "the value of securities held by secured creditors shall be determined by converting the sume into money according to the terms of the agreement pursuant to which such securities were delivered... | |
| 1913 - 632 страница
...value shall be credited upon such claims and a dividend shaft be paid only on the unpaid balance, and the agreement pursuant to which such securities were delivered to such creditors shall after the filing of a petition be enforced only with the consent of, and in the manner prescribed... | |
| Charles Marcellus Bufford - 1903 - 1122 страница
...630. MI Determination of Value of Encumbered Property. Bankrupt Act, section 57h, except last clause: "The value of securities held by secured creditors...compromise, or litigation, as the court may direct. " In Re Barber, 97 Fed. (DC) 547, 552, the court says: "If the security is inadequate, he [the secured... | |
| Eugene Allen Gilmore - 1911 - 762 страница
...against the general assets ; the provision of the United States bankruptcy act of 1898 being as follows : "The value of securities held by secured creditors...creditors or by such creditors and the trustee, by agree27 Fuller, CJ, in Merrill v. National Bank of Jacksonville, 173 US 131, 141, 19 Sup. Ct. 360,... | |
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