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29, BELL YARD, Lincoln's Inn;
This Statute, as its title imports, is designed for three objects :-1. To abolish arrest on mesne process, except in certain cases: 2. To extend the remedies of creditors against the property of their debtors : and, 3. To amend the laws for the relief of insolvent debtors.
The first is effected by restricting the power of holding to bail to cases where a judge, upon being satisfied by affidavit that the debtor is about to quit the country, shall order a bailable writ to issue. The sum of 201. is still the minimum for which an arrest is allowed, and the proceedings relative to giving bail, or making a deposit of money in lieu thereof, remain as before. But the writ is merely an auxiliary proceeding, and may be issued at any time pending the action.
The remedies afforded by the Act are confined to judgment creditors, or to suitors to whom money is awarded by decree, order, or rule; and consist, 1st, in empowering the sheriff to seize cash, bills of exchange, bonds, and other