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" In all cases of mutual debts or mutual credits between the estate of a bankrupt and a creditor the account shall be stated and one debt shall be set off against the other, and the balance only shall be allowed or paid. "
McMaster's Commercial Decisions Affecting the Banker and Merchant [from the ... - Página 295
por James Smith McMaster - 1903
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Reports of Cases Argued and Adjudged in the Supreme Court ..., Volume 5;Volume 9

United States. Supreme Court - 1812 - 408 páginas
...any other person, or mutual debts between them, the assignee shall state the account between them, and one debt shall be set off against the other, and the balance of such account, after such set-off, and no more, shall be claimed or paid on either side respectively....
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Reports of Cases Argued and Adjudged in the Supreme Court of the ..., Volume 5

United States. Supreme Court, William Cranch - 1812 - 408 páginas
...any other person, or mutual debts between them, the assignee shall state the account between them, and one debt shall be set off against the other, and the balance of such account, after such set-off, and no more, shall be claimed or paid on either side respectively....
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A Treatise on the Law of Fire Insurance, and Insurance on Inland Waters: In ...

Elisha Hammond - 1840 - 206 páginas
...credit given by the debtor and any other person, or mutual debts between them, the account between them shall be stated, and one debt shall be set off against the other, and the balance of such account and no more shall be allowed or paid on either side respectively." We have seen, p....
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A Treatise on the Law of Fire Insurance, and Insurance on Inland Waters: In ...

Elisha Hammond - 1840 - 200 páginas
...debtor and any other person, or mutual debts between them, the account between them shall be sti.ted, and one debt shall be set off' against the other, and the balance of such account and no more shall be allowed or paid on either side respectively." We have seen, p....
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The Provincial Statutes of Canada

Canada - 1842 - 662 páginas
...given by the bankrupt and any other person, or mutual debts between them, the account between them shall be stated, and one debt shall be set off against the other, and the balance of such account, and no more, shall be allowed and paid on either side respectively ; and when any...
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Supplements to the Revised Statutes: General Laws of the ..., Volume 1

Massachusetts - 1844 - 416 páginas
...en Dy t he debtor and any other person, or mutual debts between debt. them, the account between them shall be stated, and one debt shall be set off against the other, and the balance of such account and no more shall be allowed or paid on either side respectively. Provision in case...
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Reports of Cases at Law and in Chancery Argued and Determined in ..., Volume 269

Illinois. Supreme Court - 1916 - 710 páginas
...governed by different principles of law. Section 68 of the Bankruptcy act provides as follows: "(a) In all cases of mutual debts or mutual credits between...other and the balance, only, shall be allowed or paid. (b) A set-off or counter-claim shall not be allowed in favor of any debtor of the bankrupt which (1)...
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Cases Argued and Adjudged in the Supreme Court of the United States, Volume 18

United States. Supreme Court - 1874 - 726 páginas
...debts, or mutual credits between the parties, the account between them shall be stated, and one debt set off against the other, and the balance only shall be allowed or paid." It is clear that these claims are not mutual debts. They are not between the same parties. The notes...
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Bankrupt Law of 1867 and Syllabus of Contents: Together with the Rules and ...

United States - 1867 - 154 páginas
...debts or mutual credits between the parties, the account between them shall be stated, and one debt set off against the other, and the balance only shall be allowed or paid, but no set-off shall be allowed of a claim in its nature not provable against the estate: Provided,...
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The Bankrupt Law of the United States, 1867,: With Notes, and a Collection ...

Edwin John James - 1867 - 348 páginas
...debts or mutual credits between the parties, the account between them shall be stated, and one debt set off against the other, and the balance only shall be allowed or paid, but no set-off shall be allowed of a claim in its nature not provable against the estate. This provision...
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