Territory; and the officer taking such acknowledgment shall indorse thereon a certificate of the acknowledgment thereof, and the true date of making the same, under his hand and seal of office, if there be one.

If any such deed or mortgage shall be executed in any other State, Territory or District of the United States, such deed or mortgage may be executed according to the laws of such State, Territory or District, by any officer authorized by the laws of such State, Territory or District to take the acknowledgment of deeds or mortgages therein, or before any Commissioner appointed by the Governor of this Territory for such purposes; provided, that unless the acknowledgment be taken before a Commissioner appointed by the Governor for that purpose, or before a Clerk of a Court of record, or County Clerk, such deed or mortgage shall have attached thereto a certificate of the Clerk or other proper certifying officer of the Court of record, or County Clerk of the county or district within which such acknowledgment was taken, under the seal of his office, that the person whose name is subscribed to the certificate of acknowledgment was, at the date thereof, such officer as he is therein represented to be; that he knows the signature of such person subscribed thereto to be genuine, and that the deed or mortgage is executed and acknowledged. according to the laws of such State, Territory or District. If any such deed, mortgage or conveyance, executed as aforesaid, be acknowledged before a Clerk of a Court of record, County Clerk, or Commissioner appointed as aforesaid, then the officer taking the acknowledgment shall certify that such deed, mortgage or conveyance is executed and acknowledged according to the laws of such State, Territory, district or county.

Any deed, mortgage or conveyance executed in any other State, Territory, district or county, which shall be executed according to the laws of this Territory, and acknowledged before a Clerk of a Court of record, County Clerk or Commissioner appointed as aforesaid, shall have the same effect as if executed and acknowledged within this Territory.

CHAPTER XVI.

LIMITED PARTNERSHIPS.

Limited partnerships may be formed by two or more persons. There may be general partners, so-called, and special partners. Parties forming must sign a certificate stating:

1. The name under which it is to be conducted.

2. Nature of business to be transacted.

3. Names and residences of the parties, specifying which are general and special.

4. Amount of stock each special partner contributes to the common stock.

5. Period of its beginning and ending.

The certificate must be acknowledged and recorded in the County Clerk's office of the county in which principal business is to be done. Each partner must also make an affidavit that the sums stated in the certificate have been actually paid in; the certificate must be published. The general partners only have authority to transact the business. The general partners are liable to the same extent as general partners in any partnership.

CHAPTER XVII.

MARRIED WOMEN.

Married women retain their property, real and personal, which they had at marriage, or which they acquire thereafter, from any person other than their husband, in good faith, as their own, free from their husband's control, and free from liability for his debts. They may bargain, sell and convey personal property as if they were sole; may make a will; be sued and sue as if they were sole; may carry on any trade or business on their own account. The husband is not liable for the debts of the wife contracted before marriage. When judgment is rendered against both for the tort of the wife, the judgment must be satisfied first out of the property of the wife, if she have any.

CHAPTER XVIII.

CHATTEL MORTGAGES.

Chattel mortgages must be executed in the presence of one witness and acknowledged before some one authorized to take' acknowledgment of deeds, and filed in the office of the County Clerk of the county where the property is; and it then becomes a lien on the property described therein, and the lien is good until the debt secured by the mortgage is due, and for two months thereafter, unless before expiration of the two months foreclosure proceedings be commenced, in which case lien continues until termination of such proceedings; and if it so provide, the property mortgaged may be left in possession of the mortgagor. All goods and chattels may be mortgaged. A chattel mortgage may be renewed by filing an affidavit before the expiration of sixty days after it is due, showing ownership and amount still due, and is then good for another year. A like affidavit may be filed each year.

CHAPTER XIX.

INTEREST AND USURY.

The legal rate of interest is twelve per cent. per annum; but any rate that may be agreed on is legal. Judgments draw twelve per cent. from the date of their rendition.

CHAPTER XX.

ASSIGNMENTS.

An insolvent debtor may make an assignment, and is considered insolvent when unable to pay his debts as they become due.

An assignment is void against creditors not assenting in the following cases:

1. If it gives preference.

2. If it tends to coerce any creditor to release or compromise his demand.

3. If it provide for the payment of any claim known to be false, or the payment of more upon one claim than is known to be due.

4. If it reserve to the assignor any interest before all debts are paid.

5. If it confer upon assignee any power which, if exercised, might delay the execution of the trust.

6. If it exempt him from liability for neglect or misconduct.

The deed must be in writing, signed, sealed, acknowledged, and recorded in the office of the Probate Judge of the proper county, otherwise it is void against all parties not assenting thereto.

The assignor must make and file an inventory of the estate within twenty days after the assignment.

The assignee must, within thirty days after the assignment, enter into bonds to be fixed by the Probate Judge, conditioned for the faithful accounting of moneys and discharge of the trust.

After six months from date of assignment, the assignee may be required to account on petition of any creditor. And the probate Judge must, as soon as possible, settle the estate.

In all cases where the assignor complies with the provisions of the Act, any creditor accepting from the assignee his dividend arising from the property of the assignor, to which he would be entitled under any assignment made under the Act, shall release the assignor from all further liability on the claim or claims on which said payment may be made.