Book #85310
Item #85310 The Bankrupt Bill, With Orders and Forms, An Act to Establish a. Bankruptcy, United States.
The Bankrupt Bill, With Orders and Forms, An Act to Establish a....

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 The first two acts (passed in 1800 and 1841) were highly unpopular, viewed as shields for financial recklessness, and repealed after roughly a year.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 Despite these aims, the 1867 act remained controversial and was ultimately repealed in 1878.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

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