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The Insolvent Laws of Massachusetts With Notes of Decisions

1860rif. 831671860. Bankruptcy Laws in Massachusetts Before the Civil War Cutler Joseph 1815-1885. The Insolvent Laws of Massachusetts With Notes of Decisions. Boston: Published by the Author 47 Court Street 1860. xi 2 14-144 pp. Octavo 9" x 5-1/2"; 23 x 14 cm. Modern cloth lettering piece to spine endpapers renewed. Very minor bubbling to cloth near board edges light fading to spine. Moderate toning to interior faint dampstaining to lower outside corner of text block light foxing to a few leaves occasional brief annotations mostly citations in an early hand clippings of updated statutes pasted to rear endleaves. A very good copy. $450. Third edition. A vital and practical guide to the complex landscape of debtor-creditor relations in pre-Civil War Massachusetts. Because the United States lacked a permanent federal bankruptcy law for most of the nineteenth century-the short-lived Federal Act of 1841 having been repealed in 1843-individual states had to rely on their own statutory frameworks to manage financial insolvency. Massachusetts was a pioneer in this regard establishing an influential system of insolvent laws in 1838. First published in 1849 Cutler's manual was the definitive practitioner's reference for navigating these local courts. This third edition is particularly significant as it incorporates Chapters 118 and 119 of the General Statutes passed in 1859 which comprehensively consolidated all relevant insolvency acts in effect at the time alongside two supplementary acts passed in 1860. The book's enduring utility is evidenced by the contemporary owner's pasted-in statutory updates at the rear and its continued publication history concluding with a fifth and final edition in 1892. All editions are scarce in commerce and institutional holdings. OCLC locates just 7 copies of this 1860 edition only three of which are in dedicated law libraries Berkshire Law Library Jenkins Law Library and the Social Law Library. Cohen Bibliography of Early American Law 2482. unknown