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" A person is insolvent who either has ceased to pay his .debts in the ordinary course of business or cannot pay his debts as they become due, whether he has committed an act of bankruptcy or not. "
Philippine Law Journal - Stran 64
1918
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The Law Reports. Queen's Bench Division, Količina 2

1915 - 924 strani
...62, sub-s. 8, declares that a person is deemed to be insolvent within the meaning of the Act " who cannot pay his debts as they become due, whether he has committed an act of bankruptcy or not." In the present case Cohen was clearly unable, on and before August 2, 1912, to pay his debts in the...
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The Sale of Goods Act, 1893: With Notes

Frank Newbolt - 1894 - 204 strani
...necessarily amount to fraud. (3.) A person is deemed to be insolvent within the meaning of this Act who either has ceased to pay his debts in the ordinary...whether he has committed an act of bankruptcy or not, and whether he has become a notour bankrupt or not. In Reader v. Knatchbull^ it was held that an inability...
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Notes and Commentaries on the Sale of Goods Act 1893 (56 & 57 Vict. Ch. 71 ...

Richard Brown - 1895 - 448 strani
...COM., Sect. 61 ante, p. 272. (3.) A person is deemed to be insolvent within the meaning of this Act who either has ceased to pay his debts in the ordinary...whether he has committed an act of bankruptcy or not, and whether he has become a notour bankrupt or not. See Sects. 39, 41, and 44. The Companies Act 1862,...
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A Treatise on the Law of Contracts

Joseph Chitty - 1896 - 906 strani
...negligently or not. (3) A person is to be deemed insolvent within the meaning of the Act who " Insolvent." either has ceased to pay his debts in the ordinary...whether he has committed an act of bankruptcy or not, and whether he has become a notour bankrupt or not. (4) Goods are in a " deliverable state " within...
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The Sale of Goods Act, 1893: Including the Factors Acts, 1889 & 1890

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1899 - 264 strani
...statement was made." 3 (3.) A person is deemed to be insolvent within the insolvent meaning of this Act who either has ceased to pay his debts in the ordinary...whether he has committed an act of bankruptcy or not [and whether he has become a notour bankrupt or not]. 4 The words in brackets refer to Scotland. By...
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The Consolidated Ordinances of the Northwest Territories, 1898: Being a ...

Northwest Territories - 1899 - 940 strani
...done negligently or not. (3) A person is deemed to be insolvent within the meaning of this Ordinance who either has ceased to pay his debts in the ordinary...business or cannot pay his debts as they become due. (4) Goods are in a " deliverable state " within the meaning of this Ordinance when they are in such...
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The Trader's Guide to the Law Affecting the Sale of Goods

Lawrence Duckworth - 1901 - 86 strani
...faith"' when it is in fact done honestly, whether it be done negligently or not. A person is deemed to be insolvent who either has ceased to pay his debts in...whether he has committed an act of bankruptcy or not or whether he has become a notorious or well-known bankrupt or not. Goods are in a " deliverable state...
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The Judicial Dictionary, of Words and Phrases Judicially Interpreted, to ...

Frederick Stroud - 1903 - 820 strani
...Westbury, C. I/, BECOME. Qua Sale of Goods Act, 1893 (V. espy ss. 44-46), "A person is deemed to be Insolvent, who either has ceased to pay his debts...whether he has committed an Act of Bankruptcy or not and whether he has become a Notour Bankrupt or not" (subs. 3, s. 62). Note: A " îiotour Bankrupt "...
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The Consolidated Ordinances of the Yukon Territory, 1902: Being a ...

Yukon Territory - 1903 - 820 strani
...them. NWT, c. 39, s. 2. (3.) A person is deemed to be insolvent within the meaning of this Ordinance who either has ceased to pay his debts in the ordinary...business or cannot pay his debts as they become due. PART I. FORMATION OF THB CONTRACT. Contract of Sale. 5*. A contract of sale of goods is a contract...
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Office Organisation and Management Including Secretarial Work

Lawrence Robert Dicksee, Sir Herbert Edwin Blain - 1906 - 350 strani
...the seller's possession, the seller may retain them until payment is made. A person is deemed to be insolvent who either has ceased to pay his debts in...whether he has committed an act of bankruptcy or not. A purchaser of goods should understand that by the common law the rule of " caveat emptor " (let the...
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