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" A person is insolvent within the meaning of this act who either has ceased to pay his debts in the ordinary course of business or cannot pay his debts as they become due, whether he has committed an act of bankruptcy or not, and whether he is insolvent... "
McKinney's Consolidated Laws of New York Annotated: With Annotations from ... - Page 221
by New York (State) - 1917
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Acts of the Parliament of South Australia

South Australia - Law - 1896 - 230 pages
...done negligently or not. (3) A person is deemed to he insolvent within the meaning of this Act Avho either has ceased to pay his debts in the ordinary...they become due, whether he has committed an act of insolvency or not, and whether he has become an insolvent or not. (4) Goods are in a " deliverable...
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Report of the ... Annual Meeting of the American Bar Association, Volume 46

American Bar Association - Bar associations - 1921 - 1066 pages
...honestly, whether it be done negligently or not. (3) A person is insolvent within the meaning of this act who either has ceased to pay his debts in the ordinary...the meaning of the federal bankruptcy law or not. (4) Goods are in a " deliverable state " within the meaning of this act when they are in such a state...
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Journal of the Institute of Bankers, Volume 12

Institute of Bankers (Great Britain) - Banks and banking - 1891 - 840 pages
...within the meaning of this Act when it is in fact done honestly, whether it be done negligently or not. pay his debts as they become due, whether he has committed an act of bankruptcy or not. 66. Cbmmetteement. This Act shall come into operation on the first day of November one thousand eight...
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Report of the ... Annual Meeting of the American Bar Association, Volume 30

American Bar Association - Law - 1906 - 474 pages
...honestly, whether it be done negligently or not. (3.) A person is insolvent within the meaning of this act who either has ceased to pay his debts in the ordinary course of business or oannot pay his debts as they become due, whether he has committed an act of bankruptcy or not, and...
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The Federal Reporter

Law reports, digests, etc - 1927 - 1130 pages
...(Consol. Laws N. Y. c. 41), it is provided that a person is insolvent, within the meaning of the statute, who either has ceased to pay his debts in the ordinary...committed an act of bankruptcy or not, and whether or not he is insolvent within the meaning of the federal Bankruptcy Law (Сотр. St. §§ 9585-9656)....
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Pump Court: The Temple Newspaper and Review, Volume 8

1888 - 432 pages
...it be done negligently or not. (3) A person is deemed to be insolvent within the meaning of this Act who either has ceased to pay his debts in the ordinary...whether he has committed an act of bankruptcy or not. PART I. — FORMATION OF THE CONTRACT. Contract of Sale. 5. Sale and agreement to sell. — (1.) A...
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The Roman Law of Sale with Modern Illustrations: Digest XVIII. 1 and XIX. 1

Sales - 1892 - 312 pages
...be done negligently or not. (3.) A person is deemed to be insolvent within the meaning of this Act who either has ceased to pay his debts in the ordinary...whether he has committed an act of bankruptcy or not. (4.) Goods are in a ' deliverable state ' within the meaning of this Act when they are in such a state...
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The Sale of Goods Act, 1893: With Notes

Frank Newbolt - Sales - 1894 - 204 pages
...necessarily amount to fraud. (3.) A person is deemed to be insolvent within the meaning of this Act who either has ceased to pay his debts in the ordinary...committed an act of bankruptcy or not, and whether he has become a notour bankrupt or not. In Reader v. Knatchbull^ it was held that an inability to pay...
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A Commentary on the Sale of Goods Act, 1893: With Illustrative Cases and ...

Walter Charles Alan Ker - Commercial law - 1894 - 436 pages
...— Insolvency is thus defined by Meaning1 of s. 62 (3) : — " A person is deemed to be insolvent who either has ceased to pay his debts in the ordinary...whether he has committed an act of bankruptcy or not." The additional words, "and whether he has become a notour bankrupt or not," are to be confined, presumably,...
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Notes and Commentaries on the Sale of Goods Act 1893 (56 & 57 Vict. Ch. 71 ...

Richard Brown - Sales - 1895 - 448 pages
...COM., Sect. 61 ante, p. 272. (3.) A person is deemed to be insolvent within the meaning of this Act who either has ceased to pay his debts in the ordinary...committed an act of bankruptcy or not, and whether he has become a notour bankrupt or not. See Sects. 39, 41, and 44. The Companies Act 1862, s Sect. 80,...
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