The Bankrupt Bill, With Orders and Forms, An Act to Establish a....
Rare Contemporary Guide to the 1867 Bankruptcy Act, OCLC Locates 1 copy in a Law Library [Bankruptcy]. [United States]. The Bankrupt Bill, With Orders and Forms. An Act to Establish a Uniform System of Bankruptcy Throughout the United States. With General Orders and the Forms of Proceeding in Bankruptcy, As Promulgated by the Supreme Court of the United States. New York: Harper & Brothers, Publishers, Franklin Square, 1867. 19, [1]; 80, [4] pp. Main text followed by 4 pp. of publisher advertisments. Two parts, the first in double columns; the second has drop-head title General Orders, With Forms in Bankruptcy, As Promulgated by the Supreme Court of the United States. Octavo (8-1/2" x 5-1/2"; 21.6 x 14 cm). Disbound stab-stitched pamphlet. Light toning, negligible light soiling to exterior, two small stains to title page. A very good copy. $250. * Only edition. This scarce contemporary guide outlines the Bankruptcy Act of 1867, the third federal attempt to establish a uniform national bankruptcy system. The first two acts (passed in 1800 and 1841) were highly unpopular, viewed as shields for financial recklessness, and repealed after roughly a year. Subsequent legislative attempts, including a prominent 1841 bill proposed by Daniel Webster, failed to pass. By 1865, however, Congress began viewing federal bankruptcy protection as a vital mechanism to stimulate the economic redevelopment of the war-torn South and support post-Civil War national expansion. Despite these aims, the 1867 act remained controversial and was ultimately repealed in 1878. Permanent federal bankruptcy protection was not successfully established until 1898. OCLC locates 8 copies, 1 in a law library (Harvard).
Price: $250.00
Book number 85310
