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Ruptcy

Defined in 1 dictionary — Black's (1891)

A Dictionary of Law

Henry Campbell Black · 1891

Contemplation of a state of bankruptcy or a known insolvency and inity to carry on business, and a stoppage 4 of business. 5 Reporter, 295, 299. Something more is meant by the phrase than the expectation of insolvency; it ineludes the making provision against the regulls of it. 13 How. 150; 8 Bosw. 194. ig By contemplation of bankruptcy is meant -acontemplation of the breaking up of one's ‘business, or an inability to continue it. Crabbe, 529.