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This entry was published on 2014-09-22
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Consent of creditors to be annexed
Debtor & Creditor (DCD) CHAPTER 12, ARTICLE 3
§ 53. Consent of creditors to be annexed. The petitioner must annex to
his petition one or more written instruments, executed by one or more of
his creditors, residing in the United States, having debts owing to him
or them in good faith, then due or thereafter to become due, which
amount to not less than two-thirds of all the debts, owing by the
petitioner to creditors residing within the United States. Each
instrument must be to the effect, that the person or corporation,
executing it, consents to the discharge of the petitioner from his
debts, upon his complying with the provisions of this article.