The Bankrupt Law, Passed by the Thirty-Ninth Congress, March, 1867

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[Bankruptcy]. [United States]. The Bankrupt Law, Passed by the Thirty-Ninth Congress, March, 1867. Popular Edition. New York: James Porteus, General Agent [Baker, Voorhis & Co.], 1867. 39 pp. Octavo (9" x 5-3/4"; 23 x 14.5 cm). Stab-stitched pamphlet in printed wrappers, which have publisher advertisements. Faint vertical fold line, negligible light wear to edges, light foxing to wrappers, early owner signature of Albert Wadhams to head of front wrapper. Moderate toning to interior, light foxing and early marks in pencil in a few places, Wadhams's owner label to head of title page. $100. * The Bankruptcy Act of 1867 was the third attempt to create a Federal bankruptcy system. The first two acts, passed in 1800 and 1841, both 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. Again, the act proved unpopular and was repealed in 1878. Bankruptcy protection would not become a permanent part of U.S. law until 1898. Albert Wadhams [1819-1884] was a lawyer who practiced in New York and, later in his career, Goshen, Connecticut. Kilbourn, The Bench and Bar of Litchfield County, Connecticut 299.…

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Détails bibliographiques

Titre
The Bankrupt Law, Passed by the Thirty-Ninth Congress, March, 1867
Auteur
Bankruptcy; United States
Année de publication
1867
Reliure
Couverture souple
Catalogues du vendeur
Antiquarian & Scholarly, Bankruptcy

The Lawbook Exchange, Ltd., ABAA ILAB

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The Lawbook Exchange, Ltd. specializes in all aspects of law and legal history. Our publication program offers reprints of over 800 landmark works as well as original books. We invite offers of antiquarian, scholarly and current practice materials. Founded in 1983, we currently serve thousands of individuals and institutions worldwide. Law books - Out of print, Scholarly, Rare, and Reprints of Legal Classics. We also handle secondhand primary and secondary source material for practicing lawyers. Generally someone is available Monday-Friday 9:00 - 6:00PM(Eastern Time). Member of the Antiquarian Booksellers Association of America and the International League of Antiquarian Booksellers.…

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