Selected Cases On the Law of Partnership Including Limited Partnerships
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In our eReader you can find the full English version of the book. Read Selected Cases On the Law of Partnership Including Limited Partnerships Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Selected Cases On the Law of Partnership Including Limited Partnerships
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An action at law in behalf of any creditor can no more take the funds and property out of the hands of the one court than out of those of the other; and whilst, to a cer- tain extent, it is true that in both cases the proceeding is somewhat subjected to the control of the parties instituting it, yet it must also be true, that when the court has acted upon the application, and vested the property in the one case in an officer called an assignee, and in the other in one called a receiver, but bot...h possessing the same power and appointed for the same purpose, — that of holding the property pending a final decree, — in neither instance can the par- tics who have ylaced the property in the hands of the court by their 438 RIGHTS AND REMEDIES OF CREDITORS. [CHAP. V.
own action deprive the court of its power to distribute. The prop- erty, when once in the hands of the court, is pledged and dedicated to the objects of the proceeding, and in it others become interested who have a right to invoke the action of the tribunal which has assumed control over it.
What to read after Selected Cases On the Law of Partnership Including Limited Partnerships?
You can find similar books in the "Read Also" column, or choose other free books by Francis M Francis Marion Burdick to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
An action at law in behalf of any creditor can no more take the funds and property out of the hands of the one court than out of those of the other; and whilst, to a cer- tain extent, it is true that in both cases the proceeding is somewhat subjected to the control of the parties instituting it, yet it must also be true, that when the court has acted upon the application, and vested the property in the one case in an officer called an assignee, and in the other in one called a receiver, but bot...h possessing the same power and appointed for the same purpose, — that of holding the property pending a final decree, — in neither instance can the par- tics who have ylaced the property in the hands of the court by their 438 RIGHTS AND REMEDIES OF CREDITORS. [CHAP. V.
own action deprive the court of its power to distribute. The prop- erty, when once in the hands of the court, is pledged and dedicated to the objects of the proceeding, and in it others become interested who have a right to invoke the action of the tribunal which has assumed control over it.
What to read after Selected Cases On the Law of Partnership Including Limited Partnerships?
You can find similar books in the "Read Also" column, or choose other free books by Francis M Francis Marion Burdick to read onlineMoreLess
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