Page:William Blackstone, Commentaries on the Laws of England (3rd ed, 1768, vol II).djvu/302

 286 ue, (or uch interet therein as he may lawfully part with) or purchaed with any other peron upon ecret trut for his own ue; and to caue them to be appraied to their full value, and to ell the ame by deed indented and inrolled, or divide them proportionably among the creditors. The tatute exprely includes not only free, but copyhold, lands: but did not extend to etates-tail, farther than for the bankrupt's life; nor to equities of redemption on a mortgaged etate, wherein the bankrupt has no legal interet, but only an equitable reverion. Whereupon the tatute 21 Jac. I. c. 19. enacts, that the commiioners hall be impowered to ell or convey, by deed indented and inrolled, any lands or tenements of the bankrupt, wherein he hall be eied of an etate-tail in poeion, remainder, or reverion, unles the remainder or reverion thereof hall be in the crown; and that uch ale hall be good againt all uch iues in tail, remaindermen, and reverioners, whom the bankrupt himelf might have barred by a common recovery, or other means: and that all equities of redemption upon mortgaged etates, hall be at the dipoal of the commiioners; for they hall have power to redeem the ame, as the bankrupt himelf might have done, and after redemption to ell them. And alo, by this and a former act, all fraudulent conveyances to defeat the intent of thee tatutes are declared void; but that no purchaer bona fide, for a good or valuable conideration, hall be affected by the bankrupt laws, unles the commiion be ued forth within five years after the act of bankruptcy committed.

virtue of thee tatutes a bankrupt may loe all his real etates; which may at once be transferred by his commiioners to their aignees, without his participation or conent.