Page:United States Statutes at Large Volume 30.djvu/597

 558 FIFTY-FIFTH CONGRESS. Sess. II. Ch. 541. 1898. dollars or part thereof, and one per centum on such sums in excess of ten thousand dollars. -»pp¤m·»¤me¤¤be blu the event of an estate being administered by three trustees "'““""°" °"”"°°" instead of one trustee or by successive trustees, the court shall apportion the fees and commissions between them according to the services actually rendered, so that there shall not be paid to trustees for the administering of any estate a greater amount than one trustee would be entitled to. _ _ hgé>*¤l>*>¤¤¤*i°¤ “’“h· cThe court may, in its discretion, withhold all compensation from ` any trustee who has been removed for cause. Accounts MMI n¤· Sec. 49. ACCOUNTS AND PAPERS OF TRUSTEES.—a The accounts $,§,{, f}Y“°°`°°’ m` and papers of trustees shall be open to the inspection of officers and all parties in interest. B·m<1¤•>fr·¤f<=¤¤¤¤- Sec. 50. Boivns or Rmnnnmxs AND TRUSTEES.—d Referees, before assuming the duties of their offices, and within such time as the district courts of the United States having jurisdiction shall prescribe, shall respectively qualify by entering into bond to the United States in such sum as shall be tlxed by such courts, not to exceed five thousand dollars, with such sureties as shall be approved by such courts, conditioned for the faithful performance of their official duties. ·*'“**°°* b Trustees, before entering upon the performance of their official duties, and within ten days after their appointment, or within such further time, not to exceed five days, as the court may permit, shall respectively qualify by entering into bond to the United States, with such sureties as shall be approved by the courts, conditioned for the faithful performance of their official duties. —¤=<i¤s ==¤¤°¤¤* °*`- c The creditors of a bankrupt estate, at their first meeting after the adjudication, or after a vacancy has occurred in the office of trustee, or after an estate has been reopened, or after a composition has been set aside or a discharge revoked, if there is a vacancy in the office of trus-. tee, shall fix the amount of the bond of the trustee; they may at any time increase the amount of the bond. If the creditors do not tix the amount of the bond of the trustee as herein provided the court shall do so. S¤¤*i¤¤· d The court shall require evidence as to the actual value of the property of sureties. e There shall be at least two ureties upon each bond. f The actual value of the property of the sureties, over and above their liabilities and exemptions, on each bond shall equal at least the _ amount of such bond. bonds, or authorized by law to do so, maybe accepted as sureties upon the bonds of referees and trustees whenever the courts are satisfied that the rights of all parties in interest will be thereby amply protected. tiled of record in the office of the clerk of the court and may be sued upon in the name of the United States for the use of any person injured _ _ _ _ by a breach of their conditions. tr:’;‘tjjjjf**'*"**"*“>"" iTrustees shall not be liable, personally or on their bonds, to the United States, lor any penalties or forfeitures incurred by the bankrupts under this Act, of whose estates they are respectively trustees. m_{;"“" "" ·"'l“* '”““‘ j Joint trustees may give joint or several bonds. rninm· t.. crm1m.,:. k lf any referee or trustee shall fail to give bond, as herein provided and within the time limited, he shall be deemed to have declined his V _ appointment, and such failure shall create a. vacancy in his office. “'“*` "" """"· l Suits upon referees’ bonds shall not be brought subsequent to two years after the alleged breach of the bond. m Suits upon trustees’ bonds shall not be brought subsequent to two years after the estate has been closed. Diem--; ··¤‘ ··l·¢rk· Sec. 51. DUTIES OF CLERKS.—a Clerks shall respectively (1) ac- “"°“'"”" count for, as for other fees received by them. the clerk’s fee paid in each case and such other fees as may be received for certified copies of records which may be prepared for persons other than ciiicers; (2 ) collect
 * gj·*P°'**"""*‘ '“ “>‘ g Corporations organized for the purpose of becoming sureties upon
 * `"*¤#="°”"”·°‘°· h Bonds of reterees. trustees, and designated depositories shall be