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. The Federal Reporter - Seite 831914Vollansicht - Über dieses Buch
| Illinois. Supreme Court - 1916 - 710 Seiten
...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)... | |
| United States. Supreme Court - 1874 - 726 Seiten
...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... | |
| United States - 1867 - 154 Seiten
...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,... | |
| Edwin John James - 1867 - 348 Seiten
...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... | |
| 1867 - 498 Seiten
...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 ths estate: Provided,... | |
| Abraham Lansing - 1871 - 604 Seiten
...debts, or mutual credits, between the parties, the amount between them shall be stated, and one debt set off' against the other, and the balance only shall be allowed or paid." There was no balance against the defendant and his partner, but a small balance still in their favor,... | |
| Oliver Lorenzo Barbour, New York (State). Supreme Court - 1871 - 706 Seiten
...debts or mutual credits between the parties, the accounts between them shall be stated, and one debt set off against the other, and the balance only shall be allowed or paid, but that no set-off shall be allowed of a claim riot provable against the estate." The defendants'... | |
| United States. District Court (Massachusetts), John Lowell - 1872 - 644 Seiten
...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." After some diversity of opinion, the leading case of Rose v. Hart, 8 Taunt. 499, appears to have been... | |
| United States. Circuit Court (7th Circuit), Josiah Hooker Bissell - 1874 - 590 Seiten
...between the parties to this suit, which upon an account between them being stated, one debt shall or may be set off against the other, and the balance only shall be allowed or paid. In Globe Insurance Company, 2 Edwards' Chancery, 625, as respects this doctrine of the mutual right... | |
| 1874 - 802 Seiten
...between the parties to this suit, which, upon an account between them being stated, one debt shall or may be set off against the other, and the balance only shall be allowed or paid. In Globe Insurance Company, 2 Edwards' Chancery, 625, aa respects this doctrine of the mutual right... | |
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