act of insolvency

He convicted the appellant because he must have been aware, when he left the Union, of the act of insolvency which must have preceded his sequestration.

It amounted, they said, to a total alteration of the law of the land and the establishment of a permanent act of insolvency at a time when trade was embarrassed and credit had sunk to its lowest ebb.

Henry Erskine, counsel for the Middlesex committee, said it was a common trick for people claiming benefit of the acts of insolvency, and the bankrupt laws, to bargain for goods to a large amount from strangers to enable their estates to make a better dividend among their old creditors.