Page:United States Statutes at Large Volume 30.djvu/585

 546 FIFTY-FIFTH CONGRESS. Sess. II. GH. 541. 1898. for violations of this Act, in accordance with the laws of procedure of the United States now in force, or ueh as may be hereafter enacted, regulating trials for the alleged violation of laws of the United States; (5) authorize the business of bankrupts to be conducted for limited periods by receivers, the marshals, or trustees, if necessary in the best interests of the estates; (6) bring in and substitute additional persons or parties in proceedings in bankruptcy when necessary for the complete determination of a matter in controversy; (7) cause the estates of bankrupts to be collected, reduced to money and distributed, and determine controversies in relation thereto, except as herein otherwise provided; (8) close estates, whenever it appears that they have been fully administered, by approving the nnal accounts and discharging the trustees, and reopen them whenever it appears they were closed before being fully administered; (9) confirm or reject compositions between debtors and their creditors, and set aside compositions and reinstate the cases; (10) consider and confirm, modify or overrule, or return, with instructions for further proceedings, records and findings certified to them by referees; ( 11) determine all claims of bankrupts to their exemptions; (12) discharge or refuse to discharge bankrupts and set aside discharges and reinstate the cases; (13) enforce obedience by bankrupts, officers, and other persons to all lawful orders, by fine or imprisonment or fine and imprisonment; (14) extradite bankrupts from their respective districts to other districts; (15) make such orders, issue such process, and enter such judgments in addition tothose specifically provided for as may be necessary for the enforcement of the provisions of this Act; (16) punish persons for contempts committed before referees ; (17) pursuant to the recommendation of creditors, or when they neglect to recommend the appointment of trustees, appoint trustees, and upon complaints of creditors, remove trustees for cause upon hearings and after notices to them; (18) tax costs, whenever they are allowed by law, and render judgments therefor against the unsuccessful party, or the successful party for cause, or in part against each of the parties, and against e tates, in proceedings in bankruptcy; and (19) transfer cases to other courts of bankruptcy. U·a¤r>¢¤iii¤<l P°W¤*S Nothing in this section contained shall be construed to deprive a continued. . . . . court ct bankruptcy of any power it would possess were certain specific powers not herein enumerated. Cnarrnn III. Bunkrupts. BANKRUPTs· , w;;¤;_;;j;;g;(h{gv¤¤r· Sec. 3. Acrs or BANKRlTPTCY.—8 Acts of bankruptcy by a person ` shall consist of his having (1) conveyed, transferred. concealed, or removed, or permitted to be concealed or removed, any part of his property with intent to hinder, delay, or defraud his creditors, or any of them; or (2) transferred, while insolvent, any portion of his property to one or more of his creditors with intent to prefer such creditors over his other creditors; or (3) suffered or permitted, while insolvent, any creditor to obtain a preference through legal proceedings, and not having at least five days befbre a sale or final disposition of any property affected by such preference vacated or discharged such preference; or (4) made a general assignment for the benefit of his creditors; or (5) admitted in writing his inability to pay his debts and his willingness to be adjudged a bankrupt on that ground. ulfjhigz g;j_L]i¢(§,j;J{ b A petition may be filed against a person who is insolvent and who iiblrriiig tt; tr rmi, has committed an act of bankruptcy within four months after the com- ¤‘*¤n·¤·‘>‘· mission of such act. Such time shall not expire until fbnr mouths after -¤¤¤¤ of (1) the date of the recording or registering of the transfer or assignment when the act consists in having made a transfer of any of his property with intent to hinder, delay, or defraud his creditors or for the purpose of giving a preference as hereinbefore provided, or a general assignment for the benefit of his creditors, if by law such recording