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 is a contemporary guide to the Bankruptcy Act of 1867, which was the third attempt to create a Federal bankruptcy system. Both of the first two acts, passed in 1800 and 1841, lasted about a year. Never popular, they were seen as safeguards for financial recklessness and were allowed to expire. Other attempts, most notably a bill proposed in 1841 by Daniel Webster, were defeated. Around 1865, however, Congress began to see bankruptcy protection as a way to encourage the economic redevelopment of the devastated southern states and the expansion of the national post-war economy. These needs informed the passage of the 1867 act. Like its predecessors, this act proved unpopular and was repealed in 1878. Bankruptcy protection would not become a permanent part of U.S. law until 1898. OCLC locates 8 copies, 1 in a law library (Harvard).
Price: $250.00
Book number 85310