Page:United States Statutes at Large Volume 52.djvu/881

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PUBLIC LAWS-CHS. 567, 575-JUNE 22, 1938 Provisos. Extension of privi- leges to such officers heretofore retired. No increase in prior retired pay. June 22, 1938 [H. R. 8046] [Public, No. 696] Bankruptcy Act of 1898, amendments. 30 Stat. 544; 32 Stat. 800; 36 Stat. 842; 47 Stat. 1467; 48 Stat. 911. 11U.S.C. Chapter I-Defini- tions. General of the Navy, or as Major General Commandant of the Marine Corps, and is retired after completion of such service while serving in a lower rank or grade, may, in the discretion of the President, be retired with the rank, pay, and allowances authorized by law for the highest grade or rank held by him as such Chief of Naval Operations, Chief of Bureau, Judge Advocate General, or Major General Com- mandant: Provided,That the President in his discretion may extend the privileges herein authorized to such officers as have heretofore been retired and who satisfy the foregoing conditions: Provided further, That no increase provided herein in retired pay shall be held to have accrued prior to the passage of this Act. Approved, June 22, 1938. [CHAPTER 575] AN ACT To amend an Act entitled "An Act to establish a uniform system of bankruptcy throughout the United States", approved July 1, 1898, and Acts amendatory thereof and supplementary thereto; and to repeal section 76 thereof and all Acts and parts of Acts inconsistent therewith. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That sections 1 to 11, inclusive; 14; 15; 17 to 29, inclusive; 31; 32; 34; 35; 37 to 42, inclusive; 44 to 53, inclusive; and 55 to 72, inclusive, of an Act entitled "An Act to establish a uniform system of bankruptcy throughout the United States", approved July 1, 1898, as amended, are hereby amended; and sections 12, 13, 73, 74, 77A, and 77B are hereby amended and incorporated as chapters X, XI, XII, XIII, and XIV; said amended sections to read as follows; "CHAPTER I-DEFINITIONS Meaning of words "SECION 1. MEANING OF WORDS AND PHRASES. -The words and phrases used in this Act and in proceedings pursuant hereto shall, unless the same be inconsistent with the context, be construed as follows: whom apetition has () 'A person against whom a petition has been filed' sllall include been filed." a person who has filed a voluntary petition; " Adjudication. " "(2) 'Adjudication' shall mean a decree that a person is a bankrupt; "Appellate courts. " (3) 'Appellate courts' shall include the circuit courts of appeals of the United States, the United States Court of Appeals of the District of Columbia, and the Supreme Court of the United States; " Bankrupt." "(4) 'Bankrupt' shall include a person against whom an involun- tary petition or an application to revoke a discharge has been filed, or who has filed a voluntary petition, or who has been adjudged a bankrupt; chBaser fde pur- "(5) 'Bona-fide purchaser' shall include a bona-fide encumbrancer or pledgee and the transferee, immediate or mediate, of any of them; "Clerk" "(6) 'Clerk' shall mean the clerk of a court of bankruptcy; "Conceal." "(7) 'Conceal' shall include secrete, falsify, and mutilate; ororaton. "(8) 'Corporation' shall include all bodies having any of the powers and privileges of private corporations not possessed by individuals or partnerships and shall include partnership associations organized under laws making the capital subscribed alone responsible for the debts of the association, joint-stock companies, unincorporated com- panies and associations, and any business conducted by a trustee or trustees wherein beneficial interest or ownership is evidenced by certificate or other written instrument; 840 [52 STAT.