ACT OF BANKRUPTCY. An act which subjects a person to be proceeded against as
a bankrupt. The acts of bankruptcy enumerated in the late act of congress,
of 19th Aug. 1841, s. 1, are the following: 1. Departure from the state,
district, or territory of which a person, subject to the operation of the
bankrupt laws, is an inhabitant, with intent to defraud his creditors. See,
as to what will be considered a departure, 1 Campb. R. 279; Dea. & Chit.
4511 Rose, R. 387 9 Moore, R. 217 2 V. & B. 177; 5 T. R. 512; 1 C. & P. 77;
2 Bini,. R. 99; 2 Taunt. 176; Holt, R. 175.
2. Concealment to avoid being arrested. 1 M. & S. 676 ; 2 Rose, R. 137;
15 Ves. 4476 Taunt. R. 540; 14 Ves. 86 Taunt. 176;1 Rose, R. 362; 5 T. R.
512; 1 Esp. 334.
3. Willingly or fraudulently procuring himself to be arrested, or his
goods and chattels, lands, or tenements to be attached, distrained,
sequestered, or taken in execution.
4. Removal of his goods, chattels and effects, or concealment of them
to prevent their being levied upon, or taken in execution, or by other
process.
5. Making any fraudulent conveyance, assignment, sale, gift, or other
transfer of his lands, tenements, goods, or chattels, credits, or evidences
of debt. 15 Wend. R. 588; 5 Cowen, R. 67; 1 Burr. 467, 471, 481; 4 C. & P.
315; 18 Wend. R. 375; 19 Wend. R. 414; 1 Dougl. 295; 7 East, 137 16 Ves.
149; 17 Ves. 193; 1 Smith R. 33; Rose, R. 213.