Page:United States Statutes at Large Volume 66.djvu/471

 66 S T A T. ]

PUBLIC LAW 4 5 6 - J U L Y 7, 1952

425

of a person by reason of the recovery by the trustee from such person of money or property, or the avoidance by the trustee of a lien held by such person, may be filed within thirty days from the date of such recovery or avoidance, but if the recovery is by way of a proceeding in which a final judgment has been entered against such person, the claim shall not be allowed if the money is not paid or the property is not delivered to the trustee within thirty days from the date of the rendering of such final judgment, or within such further time as the court may allow. When in any case all claims which have been duly allowed have been paid in full, claims not filed within the time hereinabove prescribed may nevertheless be filed within such time as the court may fix or for cause shown extend and, if duly proved, shall be allowed against any surplus remaining in such case." SEC. 15. Clause (8) of subdivision a of section 58 of such Act, as 11 USC 94. amended, is amended to read as follows: " (8) all applications by receivers, ancillary receivers, marshals, Notices. trustees, committees, and attorneys for compensation from the estate for services rendered, specifying the amount and by whom made: Provided, however, That where a creditors' committee has been appointed pursuant to this Act, the notice required by clauses (1), (4), and (6) of this subdivision shall be sent only to such committee and to the creditors who have filed with the court a demand that all notices under this subdivision be mailed to them." SEC. 16. Subdivision b of section 59 of such Act, as amended, is 11 USC 95. amended to read as follows: Petition "b. Three or more creditors who have provable claims liquidated as ruptcy. for bankto amount and not contingent as to liability against any person which amount in the aggregate in excess of the value of securities held by them, if any, to $500 or over, or, if all of the creditors of such person are less than twelve in number, then one or more of such creditors whose claim or claims equal such amount, may file a petition to have him adjudged a bankrupt." SEC. 16a. Section 61 of such Act, as amended, is amended to read 11 USC 101. as follows: "SEC. 61. DEPOSITORIES FOR MONEY.—The judges of the several courts of bankruptcy shall designate, by order, banking institutions as depositories for the money of estates under this Act, as convenient as may be to the residences of receivers and trustees, and shall require from each such banking institution a good and sufficient bond with surety, to secure the prompt repayment of the deposit. Said judges may, in accordance with the provisions of, and the authority conferred in title 6, United States Code, section 15, accept the deposit of the 40 Stat. 1148. securities therein designated, in lieu of a surety or sureties upon such bond and may, from time to time as occasion may require, by like order increase or decrease the number of depositories or the amount of any bond or other security or change such depositories: Provided, That no security in the form of a bond or otherwise shall be required in the case of such part of the deposits as are insured under title 12, United States Code, section 1821: And provided further, That 64 Stat. 884. depository banks shall place such securities, accepted for deposit in lieu of a surety or sureties upon depository bonds, in the custody of Federal Reserve banks or branches thereof designated by the judges of the several courts of bankruptcy, subject to the orders of such judges. All national banking associations designated as depositories, pursuant to the provisions of this section of this Act, are authorized to give such security as may be required. All pledges of securities heretofore made for the purposes herein named are hereby ratified, validated, and approved.

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