Page:United States Statutes at Large Volume 44 Part 2.djvu/702

 662 SIXTY-NINTH CONGRESS. Sm. I. Cm. 405, 406. 1926. cosh of the alterations for Buch ships is hereby increased by the sum fJuL’f§'§mdhb,& of $1,260,000; Pmmkied, That the funds appropriated or to be appropriated for ·" alterations to naval vesse s” may be Autilized for the work hereby authorized, ¥ Approved, May 27, 1926.   . CHAP. 406.—~An Act To amend an Act entitled "An Act to establish a uni- "T1$Hxi§N6Ta`"eij"" form system of bankruptcy throughout the United States," approved July 1, 1898, and·Acts amendatory thereof and supplementary thereto. ~ i B k uptcy Act Be it enacted by the_»Se{za¢c amd House of Rep·resenta$e1¤;es~0f the Bmeggmémh United States 0fAmerwa, m Congress assembled, That secuon 1 gn), "°‘·°°·*’·“‘— subdivisions ‘6, 8, and 24 of an Act entitled "An Act_-to estab sh a uniform Qem of bankruptcy throughout the Umted States," approved; Jgy 1,; 1898, and cts amendatcry thereof and supple- Mmi of mm mentary thereto, be, and theseme herebgoaire, amended as fol ows: ··e0m¤n€m¤m.#·` .‘€(6) ‘Corporationd? shall mean all IBS having any, of the v¤:.e.o,p.544,¤m¤¤a- powers and privileges  private corporations npt_ possessed shy °d· mdinduais or partnerslmps and shal include hrnxted or other Bw M_ partnership associations prgamzed under laws makmg_the capifal M_ °‘*"°“· °‘°" subscribed alone responsible for the debts of the assocmtion, ]o1nt stock companies, iimncorpomted companies and associations, and any businem conducted by a trustee. or trustees, whereinrbeneiicial interest or ownership is evidenced by certificate or other writfen instrument. ~ V e · ` · - i "C‘?'$'°S of b°°k` " 8 ‘ Courts of bankruptcy’ shall include the district courts of ruptcy. §g{°é°§§’gi;“g};‘§gg; the (Ignite:} States and of the Territories and possessions to which ea. ` ’ ` ’ this Act is for ma; hereafter be a licable, the Supreme Court of U H the District of Co umbia, and the Egiited States Court of Alaska. p§?B°§`§‘O¤Si¤C;udcd_ "(24) States shall include the Territories and possessions to €d"°*~3"·P·5*5·°“‘°“d‘ which this Act is, or may hereafter be, applicable, A_ aska, and the é " °‘ **8 k m§§c;0frg0h1irnbi&`,,w i M i ed bd 1 s mpgigr ° ` ._ . at e intr uctory provision prec ing su ivisioni ‘o section 2 of said Act,as so amended, be, and the same herebyis, I i di ti 0¤_ amended toread as follows: _ ` ` imgé, Bincigudigig cpos- “ That the courts of bankruptcy as herembefore defined, namely, “°“‘°“*‘· the district courts of the _Uni ed States in the several States, the V Supreme Court of the District of Columbia, the district courts of ed.°l`°°’p'“`°’°t°°°°` the several- Territories and ossessions to which this Act is, ornmay hgrylftgelf be, apgljcalble, andcgthe Uni,t,<;d_bStatee C£gurt_ inithe Iiisbrigzt 0 _a a, are ere y map __c·.ourts_0r _ A_ _p y, an are, ere inyestednwitlun their respectgve territorial hunts agnowiestablishedxi orias fhey may be heres. ter changed, witbpueh jurisdiction at law and in equity as will enable them to exercise origmal Jurisdiction in bankruptcy proceedings, in vacation in chambers an during their l‘6S‘P€Ct1V8 terms, as they are now or maybe hereafter ‘hé1d." ` ‘ V same here yis amen e to rea as 0 ows: Acts nstituti, c 4 · ' , ' ·»  ‘ b,¤,,m,g°_ . “' he ‘(a) Acts of bnnkrupp tcy byar erson shall cons1st of hishavmg Y (1) cenveyed, transferred, c0n¢e5ed, 0r_ removed, ori perinitted to be concealed or removed, any part of his property with mtent to hinder, de1ay,.o1· defraud hrs creditors, oraxiyro them;Uor (2) trans- ferred,\whj1e_ix3so1vent, any portion ofyhis property to one or more pf hiseerediborse with intent to prefer Buch credit0¤S.0Ye1‘· hisoigher creditors; er ¢(3) suifered or permitted, while insolvent, any credrger to obtain an reference through legal-fp!q¢66d§1{gB, and   }1B»’Y111g at least Iivega eV·bef0reia sale or other  1t1UHr0f any property affected by such. preference vacatedror urged such fprefereneer;
 * ¤1.w,p.s4e,¤m¤¤d· Nec. 3. {hat sectiond3d(a) rofhsgid  as so amended, be, and the