Page:United States Statutes at Large Volume 47 Part 1.djvu/1494

From Wikisource
Jump to navigation Jump to search
This page needs to be proofread.

1470 72d C ONGRESS . SESS. II. CH . 204. MARCH 3, 1933 . Jur isd ict ion ov er '(m) The filing of a debtor's petition or answer seeking relief debt or, filed..' `•'10n

tion pets- under this section shall subject the debtor and his property, wherever Ante, p.1487. located, to the exclusive jurisdiction of the court in which the order approving the petition or answer as provided in subdivision (a) is filed. In proceedings under this section, except as otherwise provided therein, the jurisdiction and powers of the court, the title, powers, and duties of its officers and, subject to the approval of the court, their fees, the duties of the debtor, and the rights and liabilities of creditors, and of all persons with respect to the property of the debtor and the jurisdiction of appellate courts shall be the same as if a voluntary petition for adjudication had been filed and a decree of adjudication had been entered on the day when the debtor's peti- tion or answer was filed and any decree of ad]judication thereafter entered shall have the same effect as if it had been entered on that day . secured creditors .

"(n) In addition to the provisions of section 11 of this Act for Enjoining fro m en- forcing claims . the staying of pending suits, the court, on such notice and on such terms, if any, as it deems fair and equitable, may enjoin secured creditors who may be affected by the extension proposal from pro- ceeding in any court for the enforcement of their claims until the extension has been confirmed or denied by the court . APer e es. t "( o) The judges of the courts of bankruptcy shall appoint suffi- cient referees to sit in convenient places to expedite the proceedings under this section . Involu

"( p) Involuntary proceedings under this section shall not be taken Involuntary proceed „ ings against, denied .

against a wage earner . Agricultural compo- "S E C .7 5 .AGRICIILTUHALCOMPOSITIONSANDEXTENSIONS .-(a) Courts sitions and extensions . of bankruptcy are authorized, upon petition of at least fifteen farmers within any county who certify that they intend to file petitions Referees, appoint- und er t his sect ion, to appo int for such cou nty one or m ore refe rees to meat. Known as concilia- be know n as con cili atio n co mmis sion ers, or to d esig nate for ser vice tion commi ssio ners „ in such cou nty a co ncil iati on c ommi ssio ner prev ious ly a ppoi nted for an adjacent county . In case more than one conciliation commissioner is appointed for a county, each commissioner shall act separately and sha ll h ave such ter rito rial jur isdi ctio n wi thin the cou nty a-, the Term of once .

court shall specify. A conciliation commissioner shall have a term Qualifications' of office of one year and may be removed by the court if his services are no longer needed or for other cause . No individual shall be eligible to appointment as a conciliation commissioner unless he is eligible for appointment as a referee and in addition is a resident of the county, familiar with agricultural conditions therein and not engaged in the farm-mortgage business, the business of financing farmers or transactions in agricultural commodities or the business of marketing or dealing in agricultural commodities or of furnishing agricultural supplies . In each judicial district the court may, if it Supervising commis- finds it necessary or desirable, appoint a suitable person as a super- sioner . Fun cti ons . vising conciliation commissioner . The supe rvis ing conc ilia tion com - missioner shall have such supervisory functions under this section as the court may by order specify . Fee w ith pet iti on "(b) Upon filing of any petition by a farmer under this section filed,

there shall be paid a fee of $10 to be transmitted to the clerk Compensation.

of the court and covered into the Treasury . The conciliation com- missioner shall receive as compensation for his services, including all expenses, a fee of $10 for each case docketed and submitted to him, Per diem allowance. to be paid out of the Treasury . A supervising conciliation com- missioner shall receive, as compensation for his services, a per diem allowance to be fixed by the court, in an amount not in excess subsistenc e and of $5 per day, together with subsistence and travel expenses in t'v ol . 42,, p so3.

accordance with the law applicable to officers of the Department of