If a secured creditor does not either realise or surrender his security, he shall, before ranking for dividend, state in his proof the particulars of his security, the date when it was given, and the value at which he assesses it, and shall be entitled... A Treatise on the Law of Mortgage - Page 419by Richard Holmes Coote - 1884 - 1440 pagesFull view - About this book
| Great Britain - Law - 1807 - 798 pages
...not ascertained : 4. A secured creditor shall, for the purpose of voting, be deemed to be a creditor only in respect of the balance (if any) due to him after deducting the value of his security ; and the amount of such balance shall, until the security be realized, be determined in the prescribed... | |
| Henry Philip Roche - Bankruptcy - 1870 - 312 pages
...not ascertained : 4. A secured creditor shall, for the purpose of voting, be deemed to be a creditor only in respect of the balance (if any) due to him after deducting the value of his security ; and the mittee, and R. having become bankrupt, the assignees claimed the price of the meat supplied... | |
| John Wade - Law - 1871 - 946 pages
...not ascertained. 4. A secured creditor shall, for the purpose of voting, be deemed to be a creditor only in respect of the balance (if any) due to him after deducting the value of bis security ; and the amount of such balance shall, until the security be realized, be determined... | |
| James Edward Davis - 1872 - 560 pages
...Sect. 16 enacts that "a secured creditor shall for the purpose of voting bo deemed to be a creditor only in respect of the balance (if any) due to him after deducting the value of his security; and the amount of such balance shall, until the security be realized, be determined in the prescribed... | |
| Samuel Orchart Beeton - Commerce - 1873 - 304 pages
...estate, or any part thereof, as security for a debt due to him. He shall be deemed to be a creditor only in respect of the balance (if any) due to him after deducting the value of his security. A special resolution shall be decided by a majority in number and three-fourths in value of the creditors... | |
| Henry Philip Roche, William Hazlitt - Bankruptcy - 1873 - 892 pages
...not ascertained : 4. A secured creditor shall, for the purpose of voting, be deemed to be a creditor only in respect of the balance (if any) due to him after deducting the value of bis security ; and the amount of such balance shall, until the security be realized, be determined... | |
| Samuel Orchart Beeton - 1875 - 648 pages
...estate, or any part thereof, as security for a debt due to him. He shall be deemed to be a creditor only in respect of the balance (if any) due to him after deducting the value of his security. A special resolution shall be decided by a majority in number and three-fourths in value of the creditors... | |
| Great Britain. Court of Chancery - Law reports, digests, etc - 1875 - 874 pages
...It provides that " a secured creditor shall, for the purpose of voting, be deemed to be a creditor only in respect of the balance (if any) due to him after deducting the value of his security; and the amount of such balance shall, until the security be realized, be determined in the prescribed... | |
| Nathaniel Cleveland Moak - Law reports, digests, etc - 1876 - 910 pages
...creditors. It provides that "a secured creditor shall, for the purpose of voting, be deemed to be a creditor only in respect of the balance (if any) due to him after deducting the value of his security ; and the amount of such balance shall, until the security be realized, be determined in the prescribed... | |
| Law - 1876 - 516 pages
...not ascertained : 3. A secured creditor shall, for the purpose of voting, be deemed to be a creditor only in respect of the balance (if any) due to him after deducting the value of hie security: and the amount of snch balance shall, until the security be realised, be determined in... | |
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