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" ... made after the commission of an act of insolvency, or in contemplation thereof, made with a view to prevent the application of its assets in the manner prescribed by this chapter, or with a view to the preference of one creditor to another, except... "
Acts of the Legislature of the State of Michigan - Page 153
by Michigan - 1847
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Digest of Legal Opinions of Thomas B. Paton: General Counsel of the American ...

Thomas Bugard Paton - Banking law - 1922 - 760 pages
...concerned, the National Bank Act (Rev. Stat. Sec. 5242) provides in effect that all transfers of securities after the commission of an act of insolvency or in contemplation thereof with a view to the preference of one creditor to ar other, shall be void. But this does not make invalid a pledge...
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The Federal Reporter: With Key-number Annotations ..., Volume 24

Law reports, digests, etc - 1885
...use, or for the use of any of its shareholders or creditors; and all payments of money to either, — made after the commission of an act of insolvency,...application of its assets in the manner prescribed by this chapter, or with a view of a preference of one creditor to another, except in payment of its circulating...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 41-42

Law reports, digests, etc - 1890
...void by section 5242, Rev. St. US, which prohibits all transfere by any national banking association made after the commission of an act of insolvency, or in contemplation thereof, with a view to the preference of one creditor to another. On the other hand, the defendant insists that it acquired...
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The Federal Reporter: With Key-number Annotations ..., Volume 49

Law reports, digests, etc - 1892
...notes, bonds or other evidences of debt," etc., "and payments of money to its shareholders or creditors, made after the commission of an act of insolvency, or in contemplation thereof, with a'view to prevent the application of its assets in the manner prescribed by this chapter, or with a...
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Session Laws of the State of Wyoming Passed by the State Legislature

Wyoming - Law - 1925
...its use or for the use of any of its shareholders or creditors, and all payments of money to either, made after the commission of an act of insolvency, or in contemplation thereof, made with a view to prevent the application of its assets in the manner prescribed by this Act, or...
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The Central Law Journal, Volume 30

Law - 1890
...Insolvency.— Bev. St. U. 8. } 6142, which prohibits all transfers by any national banking association made after the commission of an act of Insolvency, or In contemplation thereof, with a view to the preference of one creditor to another, la directed to a preference, not to the giving of security...
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The Central Law Journal, Volume 37

Law - 1893
...all assignments of deposits, either for its use or the use of Its stockholders or creditors, either after the commission of an act of Insolvency or in contemplation thereof, with a view to the preference of one creditor over another, shall be void.— STONE v. DODGE, Ulch., 56 NW Rep. 75....
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The Central Law Journal, Volume 38

Law - 1894
...As human knowledge progresses and new ways of perpetrating frauds are ascertained, opened, vent tbe application of Its assets in the manner prescribed by this act, or with a view to the preference of one creditor to another, except In the payment of its circulating notes;" but it...
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The Southeastern Reporter, Volume 45

Law reports, digests, etc - 1904
...where the court reached a similar conclusion under the Michigan act declaring void transfers either after the commission of an act of Insolvency or In...thereof with a view to prevent the application of the assets in the manner prescribed. See McLaren v. Pennlngton, 1 Paige, 102; Penn Bank v. Farmers'...
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United States Code

United States - Law - 1971
...money to either, made after the commission of an act of insolvency, or in contemplation thereof, made with a view to prevent the application of its assets in the manner prescribed by this chapter, or with a view to the preference of one creditor to another, except in payment of its circulating...
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