JB/547/314/001

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22 Decr 1810
Prizes Acts 1805 1809

In the case of Bankruptcy, what should we say to a
law forbidding the Assignees to make any dividend, till
the whole mass of the effects of the Bankrupt had been converted
into ready money?

From a case so obviously parallel, judge of the probity
or the talent which dictated the corresponding provision
in the law now before us.

What is necessary to justice is – that to the any Account
delivered in by this Trustee Trustee, his principals
should every one of them be at liberty to make objections
what is perfectly and plainly unnecessary is – that for
all or any of such those objections – payment should wait
so much as a day. a single day. When an Agent delivers in his Account,
composed of receipts by sale on the one side,
and deductions on the score of necessary expences on the
other, what he admitts to have in his hands, ready
to be distributed is the whole of the balance. This
ballance which he has in his hands, and the whole of which
he admitts to be due, he is not required – he is not
so much as suffered – to pay to those to whom it is
due – and why? only because forsooth it is possible
that besides this more may be due. The part, if any
likely to be still due will be comparatively a very small
part: it will be composed its only possible ingredients are
receipts not acknowledged, charges deductions unwarrantable in toto,
or charges excessive and requiring abatement. That even
in the case of the most daringly dishonest Agent this part should in general bear
any very considerable proportion to the whole does not seem
probable. Thus, for the sake or a pretence of a small contingency, the defenders
of the country are regularly
and forcibly deprived
of a large .

Identifier: | JB/547/314/001 "JB/" can not be assigned to a declared number type with value 547.
Date_1	1810-12-22	Marginal Summary Numbering
Box	547	Main Headings
Folio number	314	Info in main headings field	Prizes. Acts 1805 1809
Image	001	Titles
Category	Text sheet	Number of Pages
Recto/Verso		Page Numbering
Penner	Jeremy Bentham	Watermarks
Marginals	Jeremy Bentham	Paper Producer
Corrections		Paper Produced in Year
Notes public		ID Number
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