Page:United States Statutes at Large Volume 44 Part 1.djvu/265

This page needs to be proofread.

251 ._ TITLE.11.--B Wuxxty where the bnnkruptpwns real estafé not exempt fr·om_ ‘· ,,x,;,..g;10¤, and pay the fee for_ gucb Qing; and he spuuimy (win- a 'cunnpexxsatioq of 50`(.‘8Il·tST£01' each ·c0py so jiled, which,

Hg¢·am·r`<vith the Hliq§mfee,_sl)al1 be paid out qt] the_~estate

M Jthv lmuklrupt as a `rt_ of th0.c0st_ and disbursements of ,;,5 pr¢»ceéd`im:S. - (Jill?. .1, ?·1§Q8, c_.\§41, S {1,, 30 Stat, 567t; hm. 5, 1903, ir". 487, 10, _32` Stat. 799; June 25, 1910, c. 412,

 36 Sta_t.._R-10,) · f ·   ‘ _, _ _· ·,

76. Compensatiqri of ·- trustees, r iyers, and marshals.·— ,3; T;·usteé_s Shall receive for] theik schices, payable after éiwy wire r~éndared, a fag of_'$5 tlepcsitgd Wilth the clerk zitjthe 4 timv the petition is tiled i11`.eachZcasg,‘ éicqpthwbeu a fcc- is . mt ivquired from a woluutary-.,·_bénkr1fpt, m1d_ such cquimis- 0 Sims 011 all moneys diébllwéd or {urged over; {:0 any- person, i;;,·1ui1in;& lien holders, by theiu, as may be allowed Y by the `{·,,m·t$,.x1¢>t to exceed 6 per éentum oh- the iirst $500 or less, 4 p.·;·`<·mn1um AnZmoneys_iq°exqess 0($500‘ and less xhan $1,500:- g pm- contuui on moneys in excess- of $1,500 and less thai; $10,- neu, :`md·1_pér centum on mdueys in cxcessbt $10,000. And in 0 (mv of the confirmation of aQ ccuipositioxi after thé trustcélms ,q~u:z1iHed the court may nllowhim, aé compeusatidn, nbt to ,·w~<·¢l emelhalf of 1 pér cexituninxu thefdmounp to be paid.the“ i'-;-pdiieprs 0n‘suéh_c0m}i0siti0u. _ — _ ’ ‘ . _ ` un In the. evérit of m1__est;1te.bein§'aglmihist¢red.‘·by threé mmtoes inétead of one trpsteéor-by suécessive_tru`stces, ¢he_ mzzrt shall appm·tl0i1= the ieés and commissions between them 0

¤·¤·m·<1ing to the qcrvices actually tendepeq, - 0 that there shall

we; he p;1id to trustees for the zidmiuistering of unyestate 21 gzmter amount than one tfusfcewould be entitle:} to. , 5 . wc; The court may, in ité discretion, withhold all compéigsaé mm fmiu may truétee who h:1s‘2}>een`remqved for cziusc-:.`· . ` ‘(d) _I{éc·eivers· or mursh@ls? appointed pursuant t0‘_ section 11, subdivision 3, of this`t1tle`shull rgceive fof their services, , » payable ziften4t.hcy4::e—neu¢1eced,,c0iupensa0tion by way o£·’comy ·liliSSiUI1S upon the morreyxdisbursed or turned qv¢r`t0 uni p<~rs¢>z:, including lien ·h0ldefs, by them, uml; also qlpon the `;»»·>m»y5 turueifovér by them dr gttérwards realized b3; thé n·u%n·cs from —_pr0pérty tume¢;l overjn. kind by them tb the u·n»u·es, as the court mai allow, not to c;ceed‘6 per -cei1_tum un mevtirst $500 oxrlless, 4 pér ceutum ou m0;1eys_ ih excess ·•f $500 and less t1{an‘··$1,500,, 2 per cent,1im orrmpneys ig gxwss of $1,500 mad. }eséf than $10,000, and 1‘ pér cenqxm pn mm;¤·5·$ in excesgbt $10,000. ·In case ct. the c0nih‘mation‘ of a ···_»mp1»%;itiqn` such commissions [shall not exceed one-halt of 1 1·<~¤* c·¢~nt.um of the ~&I§10\11lft0 be paid creditors 01;` such comguwiziuns. When the veécivat 0;·'mursha;l,acts as a··m¢=:t¢ cusmdiun and docs not chrry on thebusiness of the bankgupt as _ pmxidcd in clause 5 of sectioxi 11, ot. t1i1s· title, he shall not ‘ x·4·¢·4·ive mathe allowed in any form or guise more than -2 pei: 4-pmum on .the first $1,000 or lass, aah qne——hu1t ot ..1 per centum up :111 above $1,000_c¤’m0néys disbursed by biutor turnéd. _.·v4~x· by him to thmtrustee and on Vmdneys subsequently realma from property hxrued ovér by him in kind t‘0 the trustee., ‘ s:··mr¤ the allowance ot compensation notice ot application zL<m·f4>r, spebifyiug tho; amount uskqd, shall ‘-be given tb_ m·g1it0rs_in the mgimer iudicatM In section 94 of this title. ( M Whercthe business is conducted by trustees, marshals, ··x· rceciyers, as provided in clause 5 of. Section 11, we court my allow such cmcers additional compensation .for such serviw; by way ut commimicms upon. tho` moneys- disburmd or \¤1¤‘m:4l ,;}%*010 to amy ·p€1‘80l1, including lieu hqldérb, by them,

41.10, in cases of receivers or maréhuls, also up0¤ the moneyé

m¤·m·q over by them or afterwards reglized hy the, trustees 1;-wi property turrgad over in kind by them to the trustees; >—u··h comruissious not to exceed 6 per ccntum on Wtha mst $500 ·»z· 1o>¤z·;, 4 per. cemum on moneys in 'exccss ot $500 and less than $1,500, 2 per ceutum on` moinéys in excess of $1,500 and ms man $10,000, and 1 per ceutum on méneys in new at

3 , ‘ l ANKRUPTCY o§ 79 $10,000. In case of jho confirmation of an composition Ysuch commissions shall not cxéeed 0nc—hal£ `of 1 por ccntinm of the amounf to be paid C!’€3(UlZ0l‘S)`0Il such composition. Bofo1·_o_ the o allowance of congpcnsntlou notlcc ot implication therefor, spe~<·i=-. tying the amount agkcd, shall be given to creditoxé in ~t1p·· manner iudicgtéd in section 9}. (Juli 1, 1898, c. 541, § 48, - .30 Stat. 557,; Feb. ·5, 1903, c. 487, § 11, 32‘Stat. 793.; Juno 25, 1910, c.'412, §' 9, 36 Stat. 840.):H _71‘;*Accou¤§$ and papers of _ trustees.-——Tl1c accounts. and papers of tfustccé shallbc opeuto the inspection of officers and all parties in intgrest, {July 1,,1898, c. 541, § 49,30 Stat. 558.) 78. Bonds 'of Areférces ond `tmstcisé-—¥(a) Refcfées, before 'asgsuming the duties of their offices, and within such timcfas `tlio district `coiujté of The {Tnitcd Sfates having jurisdiction shall p1fcscribc;`ghal'l respectively qqolifyiby altering into bond to thé United States sin suclr su;11 as shall besiixcd by éuch courts, not to exceed $5,000, with suclyéixrétics as shall bc ap~ proved by such courts; conditioned for the 'faithtur performzmcoot théir oillcigll duties. _ · . · k .` l ‘· ° `_ (b) Trusfccsl; befo1je·cnte1jin'g upon the performance of their oiHcial_ duties, a}1;l_v(itl1in_:te·n days aftc1·'their_ appointméut, or within- such further timcfinot; to cfcccd tlvewlayls, as the court. ,_ may `pérmit; shall respectiycly quhlify by cnxtczing into Bond R to the United `Statcs, with shch Surctios z1s—sli*z1ll bc approved by the comits, conditioned for the 'fhithful performance of their ofllcial duties; ._ ·` ’ · · ‘ — ·. J . (c) The créditors-of‘a bankrupt cstatc,.»_at their Erst meeting ` after the_a<lj`udication, or after a vacancy has occui*rcd_ in the otilcc of· trustee, or oftcxran cétatc lmé been reopened, or after a composition has been set aside or a 'discharge récoked, if · there is a vacancy in the oflicé of `tfustce, shall Hx the amount i of the boriclof. thejrustcc; they ·ma5`at axlyitlmc increase the _ amount of the bopd. If the crcditors_clo` riot fix the gmoun}: of the "bond of the trustee as hcuéin provided the court shall do so. (d) Thé court shall require evidence a$ to the actual value l QI th¢_pr0perty ofsurétigs, " _ i _ · ·· ` (o) 'I‘hcre`.sl1all beat leastatwo surcties upon each bond. (13) Tho actual value of the property of the snnrctics, o»vcr_ and above their liabilities 'and exemptions, OH. each boml shall equal at léqst tlio amount of lsgxch bond. ·- · I T · ‘ (g) Corporations organized. Ior the- purpose ot becoming snirctics upon bonds, or autlxorizcdby law to do .so, may bc accepted ussnxrétics upon the bonds of rcfcrccé gmd trustees whenever the couxjts aio s&tis6cd.that.the.rig·hts of all parties ' in interest will be`théreby'ampof protected. “ _Q “ $ ‘ `(l1) Bonds of fcferees, trustees, and designated depositoricg shall be illcd of record in tho office og tho] clerk of the courtland may bé sued upon} in thénamo of 'the Unltéd States for the uso ot anyipcrsori injured by Kal breach of their conditions. ' ‘(i) Tl'U8t&€S·Sh&ll`·D0t be liable, 'pcrsomfnllyoxj on `their bonus, `to tho United States, for any penalties or tor£citu`res incurred byl $the° bahkrupts under this title, of vvhose estates they orc. respectively-trustees. ; ‘ ‘ · · · . ` (j) - Joint trustees mayglvc jolntor several bonds; _ 3 (k) It any foterco or trusteeslnall fail to give bomlpas 1icre— in provided and w{t_hln tho Elmo llmitéd. hc shall bc dconwd to. have dpclixicdl his appointment, and such failure slmii create ¤·v§cm1cy= in his omce. ‘ - * - · (1) .Sults.upo¤ rcferaes’ bonds shall not bc b;·oug·hL >;px».-l·- quout to two years after tlxehhllegcd breach ot tllc bond. Q ` (m)‘Sults upou`trusteox‘ bonds shall not bc ·bi·ou;$ht gun. quant to two years aftof the c~sta_to 1m.s been closed. · (July 1, 1898, c. 541,} 50, 30 Stat. 558.) U · , _ . 79.— Duticé of clorks;—-—Clerks shall respectively (l) mwuzm for, as for other tees mééivcd by themgthe c1c1:k’s fcc paid in each casa and szicb othegifecs aio may bc roccivcd fof ccg·lilic.i copies of records which may bclprepaxrcd for personas otncv ¢ than omccrsil (2) collect 'thecfccs obtlnc clerk, rcfcrcc, and