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Insolvent   Listen
noun
Insolvent  n.  (Law) One who is insolvent; as insolvent debtor; in England, before 1861, especially applied to persons not traders.






Collaborative International Dictionary of English 0.48








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"Insolvent" Quotes from Famous Books



... elder brothers-in-law in due time returned from their mission with the doleful intelligence that the late Captain St. Leger had died insolvent, so far as his foreign wealth was concerned. They swore in open court, for Mr. Temple summoned them to appear and obliged them to take oath, that they received not sufficient from the assets to defray the expenses ...
— Hubert's Wife - A Story for You • Minnie Mary Lee

... done, and done at once, by the policy-holders, each and every one of the largest companies may become insolvent; that is, they may not be able to meet the engagements of their policies, because of waste of funds, tremendous falling off of new business, tremendous cost of new business, and the nature of the new business—so-called "graveyard business"; for I am credibly informed that they are now ...
— Frenzied Finance - Vol. 1: The Crime of Amalgamated • Thomas W. Lawson

... intense and long. During her illness, no tidings came of Philip. He was in another part of the country when the accident happened; and it was not till long after it had been made known that Mr Young had died insolvent,—not till after Maria had recovered, as far as recovery was possible,—not till she had fallen into the habit of earning her bread, that Philip reappeared, and shook hands with her, and told her with how much concern he had heard of her sufferings. This interview gave her entire possession ...
— Deerbrook • Harriet Martineau

... ekspor'toy firm, a | firmo | feer'mo forwarding | eksped-o, -ado[8] | ekspeh'-doh, -dah'doh free on board | afranke sur sxipon | afrahn'keh soor (f.o.b.) | | sheep'ohn freightage | frajta prezo | frahy'tah preh'zo guarantee, a | garantio | garahntee'o imports | importoj | impohr'toy insolvent | nesolventa | nehsolvehn'ta insurance policy | asekura poliso | ahsehkoor'ah polee'so — premium | asekura premio | ahsehkoor'ah prehmee'oh insure, to | asekuri | ahsehkoo'ree introduction | prezento | prehzehn'toh ...
— Esperanto Self-Taught with Phonetic Pronunciation • William W. Mann

... were said, by the poet laureate, to be the admirers and protectors of the arts, and were acknowledged by the whole nation to be the patrons of music—William and Henry, youths under twenty years of age, brothers, and the sons of a country shopkeeper who had lately died insolvent, set out on foot for London, in the hope of procuring by ...
— Nature and Art • Mrs. Inchbald

... chapel." And I parted with Mr. Sherrick, not a little edified by his talk, and greatly relieved as to Honeyman's fate. The tradesmen of Honeyman's body were appeased; and as for Mr. Moss, when he found that the curate had no effects, and must go before the Insolvent Court, unless Moss chose to take the composition which we were empowered to offer him, he too was brought to hear reason, and parted with the stamped paper on which was poor Honeyman's signature. Our negotiation ...
— The Newcomes • William Makepeace Thackeray

... with dishonesty for withholding from her financial control over the revenues of the State, she has only herself to blame if she is told very bluntly that her claim to such control is barred by the fact that she is, as a citizen insolvent. The taxes paid by women would cover only a, very small proportion of the establishment charges of the State which would properly be assigned to them. It falls to man to make ...
— The Unexpurgated Case Against Woman Suffrage • Almroth E. Wright

... the most conceited persons in the world, but a good teacher; one of the ugliest countenances he had that need be exhibited—enough, as we say, to spean weans. The man was always extremely precise in the quality of everything about him; his dress, accommodations, and everything else. He became insolvent, poor man, and, for some reason or other, I attended the meeting of those concerned in his affairs. Instead of ordinary accommodations for writing, each of the persons present was equipped with a large sheet of drawing-paper and a swan's quill. It was mournfully ridiculous enough. ...
— Memoirs of the Life of Sir Walter Scott, Volume I (of 10) • John Gibson Lockhart

... that this little "lark" was a fraudulent act which exposed him at least to the consequence of having to pay the costs of the action. He accepted our opinion in the politest manner possible. I believe he is hopelessly insolvent. He will pay the usher in macaroni, and the barrister ...
— The Ink-Stain, Complete • Rene Bazin

... westward movement was taking place among the Kentuckians—a sad exodus. Many families rendered insolvent or bankrupt by the war and the loss of their slaves, while others interspersed among them had grown richer by Government contracts, were now being bought out, forced out, by debt or mortgage, and were seeking new homes where lay cheaper ...
— The Reign of Law - A Tale of the Kentucky Hemp Fields • James Lane Allen

... treacherously with me as he had done, after causing the death of eight persons, including the American who was drowned, and all the misfortunes which befel my wife; in short, after dissipating the whole of the effects I had intrusted with him, proved insolvent; and, for my part, I judged it unnecessary to augment the losses I had already sustained by having to support him ...
— Perils and Captivity • Charlotte-Adelaide [nee Picard] Dard

... third quarter of the eighteenth century closed with the death of Louis XV, all intelligent French administrators recognized the dilemma; either relief must be given, or France must become insolvent, and revolution supervene upon insolvency. But for the aristocracy revolution had no terrors, for they believed that they could crush revolution as their class had done for a ...
— The Theory of Social Revolutions • Brooks Adams

... little avail, the magistrate easily detected him in flagrant lies. He declared at first that he had paid the hundred thousand livres with his own money but when reminded of his various bankruptcies, the claims of his creditors, and the judgments obtained against him as an insolvent debtor, he made a complete volte-face, and declared he had borrowed the money from an advocate named Duclos, to whom he had given a bond in presence of a notary. In spite of all his protestations, the magistrate committed him to solitary ...
— Celebrated Crimes, Complete • Alexandre Dumas, Pere

... pleaded several pleas, among which was a certificate of discharge under the act of the legislature of the State of New York, of April 3d, 1801, for the relief of insolvent debtors, ...
— The Great Speeches and Orations of Daniel Webster • Daniel Webster

... affairs came to be looked into, it was found that he was practically insolvent, his stock of goods and personal property barely—but nearly enough to free him from censure—covering his liabilities. Following came the disclosure that he had been entrusted with the sum of twenty thousand dollars by a ...
— Roads of Destiny • O. Henry

... got no answer. All my old friends turned their backs upon me. My action went against me—I had not a penny to defend it. Solomonson proved my wife's debt, and seized my two thousand pounds. As for the detainer against me, I was obliged to go through the court for the relief of insolvent debtors. I passed through it, and came out a beggar. But fancy the malice of that wicked Stiffelkind: he appeared in court as my creditor for 3L., with sixteen years' interest at five per cent, for a PAIR OF TOP-BOOTS. The old thief produced them in court, and told the whole story—Lord ...
— The Fatal Boots • William Makepeace Thackeray

... of the maritime powers of Europe." Burdened with debts which were the legacy of an era of speculation, a considerable part of the population, especially of the farmer class, was demanding measures of relief which threatened the security of contracts. "Laws suspending the collection of debts, insolvent laws, instalment laws, tender laws, and other expedients of a like nature, were familiarly adopted or openly and ...
— John Marshall and the Constitution - A Chronicle of the Supreme Court, Volume 16 In The - Chronicles Of America Series • Edward S. Corwin

... Although in later times it has been a very different place from the sink of filth and dirt it once was, even its improved condition holds out but little temptation to the extravagant, or consolation to the improvident. The condemned felon has as good a yard for air and exercise in Newgate, as the insolvent debtor in the Marshalsea Prison. [Better. But this is past, in a better age, and the prison exists ...
— The Pickwick Papers • Charles Dickens

... daughter of Ex-Gov. ——, of Virginia, by a quarteron woman. She was born a slave, but was acknowledged as her father's child, and reared in his family with his legitimate children. When she was ten years old her father died, and his estate proving insolvent, the land and negroes were brought under the hammer. His daughter, never having been manumitted, was inventoried and sold with the other property. The Colonel, then just of age, and a young man of fortune, bought her and took her to the residence ...
— Among the Pines - or, South in Secession Time • James R. Gilmore

... The insolvent debtor, who in the majority of cases had studied his pleasures more than his constitution, was perhaps an even less desirable recruit than his cousin the emancipated convict. In his letters to the Navy Board, Capt. Aston, R.N., relates how, immediately after the ...
— The Press-Gang Afloat and Ashore • John R. Hutchinson

... has been divided between landlord and tenant. It is a very common practice in Ireland to fix a rent for a tenant and to reduce that rent on the tenant executing certain improvements. No improving tenant, or one who pays his rent, is ever disturbed in possession of his farm—it is only the insolvent one that is put out, and by the time the landlord can obtain possession of the farm it is always in a most delapidated condition. An ejectment for non-payment of rent cannot be brought till a clear year's rent is due, and usually the tenant owes more before it is ...
— The Letters of "Norah" on her Tour Through Ireland • Margaret Dixon McDougall

... thy true treasure? Gold says, "Not in me;" And "Not in me," the Diamond. Gold is poor; India's insolvent: seek it in ...
— Architects of Fate - or, Steps to Success and Power • Orison Swett Marden

... of Mrs. Johnson was, that she had a good understanding and great sensibility, but inclined to be satirical. Her first husband died insolvent [this is a mistake, see ante, i. 95, n. 3]; her sons were much disgusted with her for her second marriage; ... however, she always retained her affection for them. While they [Mr. and Mrs. Johnson] resided in Gough Square, her son, the officer, knocked at the ...
— Life of Johnson, Volume 6 (of 6) • James Boswell

... cause of delay in beginning exploration was the want of money; and this, of course, even the Prince Minister of Finance could not coin. Egypt, the fertile, the wealthy, the progressive, was, indeed, at the time all but insolvent. At the suggestion of foreigners, "profitable investments," which yielded literally nothing, had been freely made for many a year, and the sole results were money difficulties and debt. The European financiers had managed admirably ...
— The Land of Midian, Vol. 1 • Richard Burton

... he gave such a piteous account of his poverty that I let him have two louis.' 'If I have been the dupe of a clever comedian,' I said to Bordin, 'so much the worse for him, not for me. But tell me what to do.' 'You must try to get from him a written acknowledgment; for a debtor, however, insolvent he may be, may become solvent, and then he will pay.' Thereupon Bordin took from a tin box a case on which I saw the name of Mongenod; he showed me three receipts of a hundred francs each. 'The next time ...
— The Brotherhood of Consolation • Honore de Balzac

... as the principal resort of shabby-genteel men. We have met a great many persons of this description in the neighbourhood of the inns of court. They may be met with, in Holborn, between eight and ten any morning; and whoever has the curiosity to enter the Insolvent Debtors' Court will observe, both among spectators and practitioners, a great variety of them. We never went on 'Change, by any chance, without seeing some shabby-genteel men, and we have often wondered what earthly business they can have there. They will sit there, for hours, leaning ...
— Sketches by Boz - illustrative of everyday life and every-day people • Charles Dickens

... will take you)—Ver. 334. At Rome, insolvent debtors became the slaves of their creditors till their ...
— The Comedies of Terence - Literally Translated into English Prose, with Notes • Publius Terentius Afer, (AKA) Terence

... money supports some of the leading presses of the country is now more clearly established. Editors to whom it loaned extravagant sums in 1831 and 1832, on unusual time and nominal security, have since turned out to be insolvent, and to others apparently in no better condition accommodations still more extravagant, on terms more unusual, and some without any security, have ...
— A Compilation of the Messages and Papers of the Presidents - Section 1 (of 2) of Volume 3: Andrew Jackson (Second Term) • James D. Richardson

... the estates into closer connection, and to equalize the laws for both. Nor do the provisions of the decemviral code, with which we are acquainted, show that enlightened regard to natural justice which characterized jurisprudence in its subsequent development. It allowed insolvent debtors to be treated with great cruelty; they could be imprisoned for sixty days, loaded with chains, and then might be sold into foreign slavery. It sanctioned a barbarous retaliation—an eye for an ...
— The Old Roman World • John Lord

... glimpses of nobler possibilities, a vague unrest, an unwillingness to reflect and look the facts of their condition in the face, like men that will not take stock because they half suspect that they are insolvent—these are the conditions that attach to all godless men's lives. There is no real fruit for their thirsty lips to feed upon. The smallest man is too large to be satisfied with anything short of Infinity, The human heart is like some narrow opening on a hill-side, so narrow that it looks as if ...
— Expositions of Holy Scripture - Ephesians; Epistles of St. Peter and St. John • Alexander Maclaren

... imprudent enough to lend it. To others I lost large sums on credit, under promises to pay them on a future day. When the day arrived and found me unable to meet my engagements, I was induced to give bills to my creditors for other and distant days. Again those days came, and again they found me insolvent. I will not, I need not, go through all the miserable details of the difficulties in which I was entangled, of the humiliating excuses I had to make, and the more humiliating threats and reproaches I had to endure. It is enough to say that, with desperate infatuation, I made a solemn promise ...
— Ellen Middleton—A Tale • Georgiana Fullerton

... life of shame. The society received her, procured her a position, a good education. Learning that she was heiress to a considerable property left by a grandfather, the society took active steps in France to secure to her her rights. Unfortunately, the agent who had possession of the estate became insolvent after having squandered the property, and it was impossible to recover it. The society continued to care for the young girl up to the day of her marriage to a young man enjoying a regular salary of $1,200, and worthy of her ...
— The Bay State Monthly, Volume II. No. 2, November, 1884 • Various

... as Hamilton became secretary of the treasury, he made Duer assistant secretary, an office which he held with credit until 1790, when he resigned to become the chief of a ring of speculators, who, two years later, left him insolvent and in jail. Hamilton's coalition also furnished the only instance of the political association of himself and Burr, although Burr's support of Yates is said to have been personal rather than political. The story is that Burr, seeking ...
— A Political History of the State of New York, Volumes 1-3 • DeAlva Stanwood Alexander

... Surface school was one day heard to boast that from his continually breaking his promises made to his creditors, they must imagine him to have been brought up in a court:—"Yes," replied a byestander, "the Insolvent's Court." ...
— The Mirror of Literature, Amusement, and Instruction, Vol. 10, No. - 287, December 15, 1827 • Various

... every one, Guly, I would give poor Blanche's history, or what I know of it; but to you I am certain I can do so safely. To begin then at the beginning: She was the daughter of one of the wealthiest bankers in this city, who died several yeas ago insolvent, and left his wife and child destitute. Of course, their former friends cut them, all except a very few; and they took a suite of rooms in the Third Municipality, and removed thither with their few articles of furniture, and their blind and helpless relative. The mother's ...
— The Brother Clerks - A Tale of New-Orleans • Xariffa

... slaughter-house, a little in that. For what inducement has a butcher to spend money and time in making his slaughter-house decent, sanitary and humane above the standard of his fellows? To do that will only make him poor and insolvent. Anyhow, few of his customers will come to see their meat butchered, and, as they say in the South of England, "What the eye don't see the ...
— New Worlds For Old - A Plain Account of Modern Socialism • Herbert George Wells

... not slaves, the property of their master; for afterwards it is assumed that he may sell them, not as an ordinary right, but as the special penalty incurred by an insolvent debtor. A king, in ancient times and oriental regions, entered into pecuniary transactions with his servants on a great scale. One man, who owes all to the personal favour of the sovereign, is the governor of a wealthy province. Bound by no written law, and living ...
— The Parables of Our Lord • William Arnot

... already spent eight years and $260,000,000, and has accomplished little actual headway. An enormous amount of money has been wasted. The company is declared insolvent and a receiver is ...
— Gold Seekers of '49 • Edwin L. Sabin

... street. He read and studied terribly. Finally a friend offered to send him to Oxford, but he failed to keep his promise, and the boy had to leave. He returned home, and soon afterward his father died insolvent. He conquered adverse fortune and bodily infirmities with the fortitude ...
— How to Succeed - or, Stepping-Stones to Fame and Fortune • Orison Swett Marden

... them (namely) that their private property at least was undisturbed— i.e. that they paid no war-tax while they were in the field. —Rawlins. 12-13. quo corpus ... esset when they were impressed (devoted to) and actively employed in the public service. —S. addictus, properly of an insolvent debtor made over to his creditor a bondman. 16-17. id ... gratiam rei in apposition to quod ... efflagitatum. 19. tribuni ... potestate. Military tribunes with consular power instead of Consuls were elected occasionally ...
— Helps to Latin Translation at Sight • Edmund Luce

... fortunes in the doomed little house, but without success. Desperate adventurers seized upon it as a last resource, or chose it as a place wherein to consummate their ruin. The Olympic was contiguous to the Insolvent Debtors' Court, in Portugal Street, and from the paint-pots of the Olympic scene-room to the whitewash of the commercial tribunal there ...
— The Atlantic Monthly, Volume 13, No. 80, June, 1864 • Various

... If the cattle were as good as represented they were certainly a bargain, as the brand was offered straight through at four dollars and a half a head. It was represented that nothing had been sold from the brand in a number of years, the estate was insolvent, and the trustee was anxious to sell the entire stock outright. I was impressed with the opportunity, and early in the winter George Edwards and I rode down to look the situation over. By riding around the range a few days we were able to get a good idea of the stock, and on inquiry among ...
— Reed Anthony, Cowman • Andy Adams

... the terms "bankruptcy" and "insolvency" are sometimes used indiscriminately, they have in legal and commercial usage distinct significations. When a person's financial liabilities are greater than his means of meeting them, he is said to be "insolvent"; but he may nevertheless be able to carry on his business affairs by means of credit, paying old debts by incurring new ones, and he may even, if fortunate, regain a position of solvency without his creditors ...
— Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 - "Baconthorpe" to "Bankruptcy" • Various

... in the first stage, are very severe. In the Germanic middle age the insolvent was disgraced. He became the slave of his creditor (zu Hand und Halfter), who might imprison him, fetter him (stoecken und bloecken), and probably kill him. A Norwegian law allowed the creditor, when his debtor would not work and his friends would not ...
— Principles Of Political Economy • William Roscher

... wind up, and found himself twenty-five hundred dollars worse than nothing. Several of his unpaid bills to eastern houses were placed in suit, and as he lived in a state where imprisonment for debt still existed, he was compelled to go through the forms required by the insolvent laws, to keep clear of ...
— Graham's Magazine, Vol. XXXII No. 4, April 1848 • Various

... One might also mention for its verisimilitude the situation described at the end of Mr. F. Brett Young's novel The Iron Age (Secker, 1916), in which the insolvent ironworks of Mawne are saved in the nick of time by ...
— The World in Chains - Some Aspects of War and Trade • John Mavrogordato

... and temperance and judgment to come,' and make a natural effort to turn our minds away from the contemplation of the subject, because it is painful and unpleasant. Do you think it would be a wise thing for a man, if he began to suspect that he was insolvent, to refuse to look into his books or to take stock, and let things drift, till there was not a halfpenny in the pound for anybody? What do you suppose his creditors would call him? They would not compliment him on either his honesty or his prudence, would they? And is it not the part of a wise ...
— Expositions of Holy Scripture: The Acts • Alexander Maclaren

... national bankrupt law I still regard as very desirable. The Constitution having given to Congress jurisdiction of this subject, it should be exercised and uniform rules provided for the administration of the affairs of insolvent debtors. The inconveniences resulting from the occasional and temporary exercise of this power by Congress and from the conflicting State codes of insolvency which come into force intermediately should be removed by the enactment of a simple, ...
— A Compilation of the Messages and Papers of the Presidents, Volume IX. • Benjamin Harrison

... receiving no greater income than 22 shillings per week, all of which was necessary to the maintenance of yourself and family. We regret again to call to your notice the Statute of 16 Eliz., entitled, "Concerning the Imprisonment of Insolvent Debtors," which we trust you will not oblige us to invoke in aid of our suffering client's rights. To be lenient and merciful is his inclination, and we are happy to communicate to you this most favorable tender for an acquittance of his claim. You shall render to us an order ...
— Shakespeare's Insomnia, And the Causes Thereof • Franklin H. Head

... do not try to tell a man how he should provide for his family. Men of honor need no such reminder, though they may be bothered by the question: "How much can I afford?" On that point, sufficient to say that it is not more blessed to be insolvent and worried about debts from being overloaded with insurance than for any other reason. Many retired officers supplement their pay by selling insurance. When a young service officer wants insurance counsel, ...
— The Armed Forces Officer - Department of the Army Pamphlet 600-2 • U. S. Department of Defense

... that La Salle was insolvent. Tonty had long served without pay. Douay says that he made the stay of the party at the fort very agreeable, and speaks of him, with some apparent compunction, as "ce brave Gentilhomme, toujours inseparablement ...
— France and England in North America, a Series of Historical Narratives, Part Third • Francis Parkman

... Republic. The exchequer was only tardily replenished under a loose system of taxation. The Boers have never been good taxpayers, and no Government has been able to enforce the proper payment of taxes due to the State. A decade after its establishment the Republic was practically insolvent. Even as early as 1857 the Government was compelled to issue mandaten, or bills, wherewith to raise money to buy ammunition, and to pay its servants. In 1866 a regular issue of paper money was sanctioned by the Volksraad. This was followed by further issues, until, in 1867, a Finance Commission ...
— South Africa and the Transvaal War, Vol. 1 (of 6) - From the Foundation of Cape Colony to the Boer Ultimatum - of 9th Oct. 1899 • Louis Creswicke

... fortune he possessed when I left him, (bating one thousand dollars I brought with me in my own body,) and which he seems to have retained till that time, began to fly, and in a few years he was insolvent, so that he was unable to hold the family, and was compelled to think of selling them again. About this time I heard of their state by an underground railroad passenger, who came from that neighbourhood, and resolved to make an effort to obtain ...
— The Fugitive Blacksmith - or, Events in the History of James W. C. Pennington • James W. C. Pennington

... saviours of Carthage! But you would starve it if you remained there; it would become insolvent. Withdraw! The Republic will be grateful to you later for all this condescension. We are going to levy taxes immediately; your pay shall be in full, and galleys shall be equipped to take you ...
— Salammbo • Gustave Flaubert

... dies intestate and insolvent, her surviving husband shall be entitled to an allowance from her personal estate, and a distributive share in the residue thereof, in the same manner as a widow is in the estate of her husband; and if ...
— History of Woman Suffrage, Volume I • Elizabeth Cady Stanton, Susan B. Anthony, and Matilda Joslyn Gage

... "unequal, troublesome, and contentious way of ministers' maintenance by tithes;" that suits at law should be rendered less tedious and expensive; that the estates of all men should be made liable for their debts; that insolvent debtors, who had surrendered all that they had to their creditors, should be discharged; and that no corporation should exact from their members oaths trenching on freedom of conscience.[1] To these innovations, great and important as they were, it was not the interest, if it had been the inclination, ...
— The History of England from the First Invasion by the Romans - to the Accession of King George the Fifth - Volume 8 • John Lingard and Hilaire Belloc

... Scotland as a Covenanter and sold in New Jersey as a four years' redemptioner to pay transportation expanses. Such servants were continually running away, which may have aided in abolishing the system. Paupers and criminals were fewest in New England. All the colonies imprisoned insolvent criminals, though dirt and damp made each prison a hell. All felonies were awarded capital punishment, and many minor crimes incurred barbarous penalties. Whipping-post, pillory, and stocks were in frequent use. So late as 1760 women were publicly ...
— History of the United States, Vol. I (of VI) • E. Benjamin Andrews

... your father's creditors have brought suit against his estate, and have attached his property so that you cannot sell it, or put it out of your hands in any way. If the court declares him insolvent, then everything belonging to him must go to ...
— The Quality of Mercy • W. D. Howells

... to Richmond, and again became a teacher in his school. But everything was now changed, and that for the worse. Mr. Persico, no longer under the influence of his wife, who had fallen a prey to cruel disease, lost heart, fell heavily in debt, and became at length hopelessly insolvent. Later, he is said to have been lost at sea on his way to Italy. The whole period of Miss Payson's second residence in Richmond was one of sharp trial and disappointment. But it brought out in a very vivid manner her disinterestedness ...
— The Life and Letters of Elizabeth Prentiss • George L. Prentiss

... indemnify their securities, by the payment of one pound a year each, and if each had given security for 500l., it is obvious that two in each year might become defaulters to that amount, four to half the amount, and so on, without rendering the guarantee fund insolvent. If it be tolerably well ascertained that the instances of dishonesty (yearly) among such persons amount to one in five hundred, this club would continue to exist, subject to being in debt in a bad ...
— Vestiges of the Natural History of Creation • Robert Chambers

... High Chancellor of England, He was an eminent Christian, An energetic and merciful Statesman, And a still more eminent and merciful Judge. During his three years' tenure of office He abolished the ancient method of conveying land, The time-honoured institution of the Insolvent's Court, And The Eternity of Punishment. Toward the close of his early career, In the Judicial Committee of the Privy Council, He dismissed Hell with costs, And took away from the Orthodox members of the Church of England Their ...
— History of the Warfare of Science with Theology in Christendom • Andrew Dickson White

... the heaviest losers, was elected to the chair, but beyond making a statement which told them nothing, he could do little. When he informed them that Lord Highcliffe had died practically insolvent, a murmur arose, a deep guttural murmur which was something between a hiss and a groan, and it was while this unpleasant sound was filling the room that ...
— At Love's Cost • Charles Garvice

... dreadful sink for money; and an imprudent tradesman is still more dreadful. We often see instances where a fortune would last a man much longer if he lived upon his capital, than if he sent it into trade. Crotchet soon became insolvent." ...
— Men of Invention and Industry • Samuel Smiles

... 1817, and tastefully arranged, so far as scant materials permitted the exercise of decorative genius. She was the widow of a once flourishing courtier maritime (ship-broker), who, in consequence of some unfortunate speculations, had recently died in insolvent circumstances. At about the same time, Clement Derville, her late husband's confidential clerk, a steady, persevering, clever person, took possession of the deceased ship-broker's business premises on the quay, the precious savings ...
— Chambers's Edinburgh Journal, No. 459 - Volume 18, New Series, October 16, 1852 • Various

... allowed whether the suit is by or against the husband and whatever the nature of the suit may be. The usual English practice is to allot as temporary alimony about one-fifth of the husband's net income; where it appears that the husband has no means or is in insolvent circumstances, the court will refuse to allot temporary alimony. So where the wife is supporting herself by her own earnings, this fact will be taken into consideration. And where the wife and husband have lived apart for many years ...
— Project Gutenberg Encyclopedia

... the work that he has done, or that he has lost his lien by reason of not having filed it in time, as the law requires. Afterward he goes to the executor and demands payment for the repairs that he has made. Let us suppose that the estate is insolvent and cannot pay all of its debts in full. At the time of making this contract neither party supposed this would happen. But, unhappily, debts have come to light so large and numerous that there is not property enough to pay all the creditors everything that is due them. The executor says to ...
— Up To Date Business - Home Study Circle Library Series (Volume II.) • Various

... which Theodore made over the kingdom of Corsica in security to his creditors.” Mr. Benson's statement, which is more exact, and agrees with the epitaph, is, that the subscription was not sufficient to extricate King Theodore from his difficulties, and that he was released from gaol as an insolvent debtor. However that may be, he died soon afterwards. Former writers have stated that he was buried in an obscure corner, among the paupers, in the churchyard of St. Anne's, Westminster, but they are mistaken. We find a neat mural tablet fixed against ...
— Rambles in the Islands of Corsica and Sardinia - with Notices of their History, Antiquities, and Present Condition. • Thomas Forester

... invited to take charge of the Electric Light Company at a time when it was insolvent and in disgrace with the people, and he took the Corporation in hand on the specific understanding that he should be allowed to put his soul into it, that he should be allowed his own way for three years—in believing in people, ...
— Crowds - A Moving-Picture of Democracy • Gerald Stanley Lee

... is an insolvent debtor; that is, a person who is unable to pay all his just debts. A bankrupt law is a law which, upon an insolvent's giving up all his property to his creditors, discharges him from the payment of his debts. Such laws are designed for the benefit of honest and unfortunate ...
— The Government Class Book • Andrew W. Young

... have the exemption law which secures to the debtor the food necessary for his family and the tools by which he makes his living. Christ's doctrine has been applied further still; we have the bankruptcy law which gives a new lease of life to an insolvent debtor if his failure is without criminal fault on his part. By turning over to his creditors all the property he has above exemptions he can go forth from court free from all legal obligations ...
— In His Image • William Jennings Bryan

... trying to get out of debt, a very ancient slough, called by the Latins aes alienum, another's brass, for some of their coins were made of brass; still living, and dying, and buried by this other's brass; always promising to pay, promising to pay, tomorrow, and dying today, insolvent; seeking to curry favor, to get custom, by how many modes, only not state-prison offenses; lying, flattering, voting, contracting yourselves into a nutshell of civility or dilating into an atmosphere of thin and vaporous generosity, that you may persuade your neighbor ...
— Walden, and On The Duty Of Civil Disobedience • Henry David Thoreau

... many yards more; but that its goings and currencies in this Earth have as good as ceased for ever and ever! God is great; all Lies do now, as from the first, travel incessantly towards Chaos, and there at length lodge! In some parts of Ireland (the Western "insolvent Unions," some twenty-seven of them in all), within a trifle of one half of the whole population are on Poor-Law rations (furnished by the British Government, L1,100 a week furnished here, L1,300 there, L800 there); the houses stand roofless, the ...
— The Correspondence of Thomas Carlyle and Ralph Waldo Emerson, 1834-1872, Vol II. • Thomas Carlyle and Ralph Waldo Emerson

... to exemplify. Mr. Palethorp, the landlord, had a visage harsh and ill-favored, and he insisted on my discharging my debt. At this very early age, without having put in for my share of the gifts of fortune, I found myself in the state of an insolvent debtor. The demand harassed me so mercilessly that I could hold out no longer: the door being open, I took to my heels; and as the way was too plain to be missed, I ran home as fast as they could carry ...
— Library Of The World's Best Literature, Ancient And Modern, Vol 4 • Charles Dudley Warner

... and promised to carry them back with him into New Hampshire, and (as they were to all appearance perfectly white) to introduce them into the society which by education they were fitted for. It appeared, however, that their father had died insolvent. The deficiency was very small: but it was necessary to make an inventory of the effects, to deliver to the creditors. This was done by the brother,—the executor. Some of the creditors called on him, and complained that he had not delivered in a faithful inventory. He ...
— The Journal of Negro History, Volume 3, 1918 • Various

... younger sisters growing up. And father,—she evaded the subject of father at first. Then presently Lady Harman had some glimpses of an earlier phase in Susan Burnet's life "before any of us were earning money." Father appeared as a kindly, ineffectual, insolvent figure struggling to conduct a baker's and confectioner's business in Walthamstow, mother was already specializing, there were various brothers and sisters being born and dying. "How many were there of you altogether?" ...
— The Wife of Sir Isaac Harman • H. G. (Herbert George) Wells

... day when that door stayed locked and a hundred white faces gathered about it, blocking the village street and talking in whispers though the noonday sun was shining. Raymond's bank was insolvent, and the banker himself, a fugitive in tarry sea clothes, was hauling ropes on a vessel outward bound for Callao. He might have stayed in Middleborough and braved it out, for he had robbed no man and his personal ...
— Love, The Fiddler • Lloyd Osbourne

... so of his government, gave more splendid entertainments than had been given at Madras for half a century before his time, lavished his wealth upon his favourites. Then arose a rumour that the governor was insolvent and harassed by his creditors, and then a new source of wealth seemed to be at his command; he was more reckless, more princely than ever; and then, little by little, there arose the suspicion that he was trafficking in English interests, selling his influence ...
— Phantom Fortune, A Novel • M. E. Braddon

... staunchly refused to be a party to such deception. She borrowed some figures of speech suggested by the work she was doing in the bank and declared that her loyalty was not insolvent and that she would not make any composition ...
— When Egypt Went Broke • Holman Day

... committee for aid, which was given. Soon it was noted that the Knickerbocker Trust Company was in a precarious condition, and the directors, following the example of the other bank, appealed to the same committee. The investigation of the committee showed the company insolvent and aid was refused. When the facts became known, a run on the bank began and it was compelled to close its doors. The lack of confidence in other financial institutions was soon ...
— History of the United States, Volume 6 (of 6) • E. Benjamin Andrews

... conscious that they durst not face it. I know of no stranger power than that by which men can ignore unwelcome questions; and I know of nothing more tragical than the fact that they choose to exercise the power. What would you think of a man who never took stock because he knew that he was insolvent, and yet did not want to know it? And what do you think of yourselves if, knowing that the thought of passing into that solemn eternity is anything but a cheering one, and that you have to pass thither, you never turn your head ...
— Expositions of Holy Scripture - Isaiah and Jeremiah • Alexander Maclaren

... asked Carrigan to come to the office at two o'clock, stating that the company was insolvent and but enough money remained to square accounts with the contractor. Pat had cast a shrewd glance at Lee and nodded. This was during the morning. Afterward the engineer had gone for a visit to the dam, the drops, and the canal line, a last view of ...
— The Iron Furrow • George C. Shedd

... city for the English upon the Sussex downs by buying up a series of estates, was dispossessed and laughed out of court when he made his demand for some preposterous compensation; the owner of the discredited Dass patents makes his last appearance upon the scroll of history as the insolvent proprietor of a paper called The Cry for Justice, in which he duns the world for a hundred million pounds. That was the ingenuous Dass's idea of justice, that he ought to be paid about five million pounds annually because he had annexed the selvage of one of ...
— The World Set Free • Herbert George Wells

... resolution. Had she, indeed, exhausted the patience which she had fancied inexhaustible? She was not ignorant of the fact that her husband had disposed of his immense fortune in a way that would enable him to say and prove that he was insolvent whenever occasion required; and if he found courage to apply for a legal separation, what could she hope to obtain from the courts? A bare living, almost nothing. In such a case, how could she exist? She would be compelled to spend her last years in ...
— Baron Trigault's Vengeance - Volume 2 (of 2) • Emile Gaboriau

... exactly coincide and many payments are made among the customers of a single bank, requiring only bookkeeping transfers. A fractional reserve is therefore ordinarily fully adequate, altho with any less than a 100 per cent reserve any bank would be insolvent if all of its demand obligations were presented at the same instant. Such a contingency is made impossible by business custom and public opinion especially among the larger customers of banks, but the panic of small depositors ...
— Modern Economic Problems - Economics Vol. II • Frank Albert Fetter

... was lost in the Atlantic two years afterwards. The widow was left in affluence, but reverses of various kinds had befallen her: a bank broke; an investment failed; she went into a small business and became insolvent; then she entered into service, sinking lower and lower, from housekeeper down to maid-of-all-work,—never long retaining a place, though nothing decided against her character was ever alleged. She was considered sober, honest, and peculiarly quiet in ...
— The Lock and Key Library • Julian Hawthorne, Ed.

... had been heard to petition the British ministry to make the attempt, under a promise that the colonies would give their best aid. But that Massachusetts should venture it alone, or with such doubtful help as her neighbors might give, at her own charge and risk, though already insolvent, without the approval or consent of the ministry, and without experienced officers or trained soldiers, was a startling suggestion to the sober-minded legislators of the General Court. They listened, however, with respect to the Governor's ...
— A Half-Century of Conflict, Volume II • Francis Parkman

... to bear a still further sorrow to-day," said Mr. Ness. "On the part of Mr. Johnson and myself I have a very painful duty to perform to you as well as to her. Mr. Wilkins has died insolvent. I grieve to say there is no hope of your ever ...
— A Dark Night's Work • Elizabeth Gaskell

... Phillips, who became a judge of the Insolvent Court, noticing a witness kiss his thumb instead of the Testament, after rebuking him said, "You may think to desave God, sir, but you won't ...
— Law and Laughter • George Alexander Morton

... of very poor persons, individually—in the commercial sense of the term—insolvent, manage to create a new basis of security which has been somewhat grandiloquently and yet truthfully called 'the capitalization of their honesty and industry.' The way in which this is done is remarkably ingenious. The credit society ...
— The Evolution of the Country Community - A Study in Religious Sociology • Warren H. Wilson

... which would render it possible for landlords to reside at home. A coercion act is opposed, while Sir Francis Hopkins, a resident and admirable landlord, is fired at at his own hall door, and for what? because, six years ago, he dispossessed an insolvent tenant, "forgiving his arrears, and paying him his own valuation for his interest;" while the life of Sir David Roche is attempted, because "he refused to assist a tenant to turn out his brother's widow while her husband lay on his bed of death, hardly allowing the body ...
— Blackwood's Edinburgh Magazine, Volume 59, No. 367, May 1846 • Various

... convents which apply it. Moreover, Orders like the Carmelites and the Poor Clares willingly accept the transfer to them of temptations we suffer; then these convents take on their backs, so to speak, the diabolical expiations of those insolvent souls whose debts ...
— En Route • J.-K. (Joris-Karl) Huysmans

... the debtors, like those which lent so striking an interest to the early Roman annals, as the inflaming sparks of violent popular movements for which the train had long before been laid. Condemnations by the archons of insolvent debtors may have been unusually numerous; or the maltreatment of some particular debtor, once a respected freeman, in his condition of slavery, may have been brought to act vividly upon the public sympathies; ...
— The Great Events by Famous Historians, Vol. 1 • Various

... much Money, he would not for his Right-hand set a Gentleman into the hands of a Bailiff. The Information carrying such an honest Face with it, cannot fail of being received with due Gratitude. The Insolvent is now obliged to look to himself, and instead of stealing to Chelsea or Kensington for a little Air, is forced to confine himself to bad Punch and worse Wine at some blind Hedge Coffee-house or Tavern within the Verge of the Court. ...
— The Tricks of the Town: or, Ways and Means of getting Money • John Thomson

... considerations. Whatever government there may be in Italy, it will never associate itself with actions directed to compelling Russia, in order to be recognized, to guarantee the payment of obligations assumed previous to the War and the revolution. Civilization has already suppressed corporal punishment for insolvent debtors, and slavery, from which individuals are released, should not be imposed on nations by democracies which say they ...
— Peaceless Europe • Francesco Saverio Nitti

... better, a letter comes to hand Astin' how I'd like to dicker fer some Illinois land— "The feller that had owned it," it went ahead to state, "Had jest deceased, insolvent, leavin' chance ...
— The Complete Works • James Whitcomb Riley

... know, of course, that such a person, though not uncommon in novels, very rarely occurs in real life; and if he occur at all, it is with his ideal perfections very much toned down. In actual life, such a hero would become known in the Insolvent Court, and would frequently appear before the police magistrates. He would eventually become a billiard-marker; and might ultimately be hanged, with general approval. If the man, in his unclipped proportions, did actually ...
— The Atlantic Monthly, Vol. 10, No. 58, August, 1862 • Various

... L1,500 more from your father; and, in the mean while, you and your partner will have had together the full sum of L3,000 to commence with. You see in this proposal I make you no gift, and I run no risk even by your death. If you die insolvent, I will promise to come on your father, poor fellow; for small joy and small care will he have then in what may be left of his fortune. There—I have said all; and I will never forgive you if you reject an aid that will serve you so much and cost me ...
— The Caxtons, Complete • Edward Bulwer-Lytton

... convey the enclosed letter to its address, or discover the person to whom it is directed, you will confer a favour upon the Venetian creditor of a deceased Englishman. This epistle is a dun to his executor, for house-rent. The name of the insolvent defunct is, or was, Porter Valter, according to the account of the plaintiff, which I rather suspect ought to be Walter Porter, according to our mode of collocation. If you are acquainted with any dead man of the like ...
— Life of Lord Byron, Vol. IV - With His Letters and Journals • Thomas Moore

... Edinburgh to auction, delivered over his personal effects—plate, books, furniture, etc.—to be held in trust for his creditors (the estate itself had been settled on his eldest son when he married), and bound himself to discharge annually a certain amount of the liabilities of the insolvent firm. He then, with his characteristic energy, set about the performance of his herculean task. He took cheap lodgings, abridged his usual enjoyments and recreations, and labored harder than ever. The death of his beloved lady increased the gloom which the change of circumstances ...
— Great Men and Famous Women, Vol. 7 of 8 • Charles F. (Charles Francis) Horne

... would just ask whether American slaves have become slaves in any of the ways in which the Hebrews became servants. Did they sell themselves into slavery and receive the purchase money into their own hands? No! Did they become insolvent, and by their own imprudence subject themselves to be sold as slaves? No! Did they steal the property of another, and were they sold to make restitution for their crimes? No! Did their present ...
— An Appeal to the Christian Women of the South • Angelina Emily Grimke

... M. Derues was in reality far from affluent. In point of fact he was insolvent. Nor was his lineage, nor that of his wife, in any way distinguished. He had no right to call himself de Cyrano de Bury or Lord of Candeville. His wife's name was Nicolais, not Nicolai—a very important difference from the genealogical point of view. The ...
— A Book of Remarkable Criminals • H. B. Irving

... My city home is dismantled and in the hands of decorators. I have been here one week, during which I have had not a single night of uninterrupted sleep, and I intend to stay until I have recuperated. Moreover, if Mr. Armstrong died insolvent, as I believe was the case, his widow ought to be glad to be rid of so ...
— The Circular Staircase • Mary Roberts Rinehart

... a large class of cases in which the correct application of the law is very doubtful, with lines of decisions on both sides; as, for example, in cases of the distribution of funds of an insolvent corporation, constitutional questions, and the relative equities of conflicting interests. These are fair examples of controversies where a lawyer may rightfully and righteously accept a retainer upon any of half-a-dozen sides. ...
— The Young Man and the World • Albert J. Beveridge

... the claim; and as we read in a police sheet, as a sufficient ground for arrest, the two words, "Drunk and Disorderly," so should any commission on pensions accept as valid grounds for a pension, "Insolvent and ...
— Cornelius O'Dowd Upon Men And Women And Other Things In General - Originally Published In Blackwood's Magazine - 1864 • Charles Lever

... that I ought to turn my disappointment to some use. This was about ten years ago, when his own life fell to pieces. I had been associated with magazines for some time, and knew how little that was really good found its way into the plainer people's homes. At Mac's suggestion I bought an insolvent monthly, and began to remodel it. 'You've got the home-and-children bug; well, do something for other people's'—was the way Mac put it to me. Later we started the two other magazines, always keeping before us our aim of giving the average home the best there is. To-day, though ...
— The Nest Builder • Beatrice Forbes-Robertson Hale

... master, however, who is insolvent may institute one of his slaves heir in his will, conferring freedom on him at the same time, so that he may become free and his sole and necessary heir, provided no one else takes as heir under the will, either because no one else was instituted at all, or because the person instituted ...
— The Institutes of Justinian • Caesar Flavius Justinian

... in the drawer of the desk, then drew forth a long strip of paper covered with figures. "All the Stacey companies," he said, "have been suffering from the depression that exists in the trade at present. They are insolvent. Glance over that, Stacey. It is a summary of the preliminary report of the accountants of the district attorney who have been going over ...
— The Poisoned Pen • Arthur B. Reeve

... his belongings and his inherited property should belong to his creditors, and he should administer his affairs in their interests under supervision; he should still carry on his business, signing always 'So-and-so, insolvent,' until the whole debt is paid off. If bankrupt, he should be condemned, as formerly, to the pillory on the Place de la Bourse, and exposed for two hours, wearing a green cap. His property and that of his wife, and all his rights of every kind ...
— Rise and Fall of Cesar Birotteau • Honore de Balzac

... of this part of the town, it is enough to say that the landlords of some of the houses tenanted by working men without work, by dangerous characters, and by the very poor employed in unhealthy toil, dare not demand their rents, and can find no bailiffs bold enough to evict insolvent lodgers. At the present time speculating builders, who are fast changing the aspect of this corner of Paris, and covering the waste ground lying between the Rue d'Amsterdam and the Rue Faubourg-du-Roule, will no doubt alter the character of the inhabitants; for the trowel ...
— Cousin Betty • Honore de Balzac

... all "Copenhagen," Silly lovers' paradise! Like the frozen Androscoggin, Slippery, and smooth, and nice, Is the track of the toboggan; And there's nothing cheap about it, Everything is steep about it, The insolvent weep about it, For the biggest thing on ice Is its tip-top price; But were this three times the money, Then the game ...
— Poems - Vol. IV • Hattie Howard

... our country commend it more and more to the attention of the world. While we were some sixty days distant, and heard of mainly in connection with Indian fights or massacres, fatal steamboat explosions or insolvent banks, this contagion was not imminent and did not seriously alarm; but, now that New-York is but ten days from London, and New-Orleans (by Telegraph) scarcely more, the case is bravely altered, and it becomes daily more and more palpable that the United States and Great Britain cannot both remain ...
— Glances at Europe - In a Series of Letters from Great Britain, France, Italy, - Switzerland, &c. During the Summer of 1851. • Horace Greeley

... gracious; and it was about this time that the enclosures of the plantation rose to view. The estate had formerly belonged to a gentleman of opulence and taste, who had bestowed some considerable attention to the adornment of his grounds. Having died insolvent, it had been purchased, at a bargain, by Legree, who used it, as he did everything else, merely as an implement for money-making. The place had that ragged, forlorn appearance, which is always produced ...
— Uncle Tom's Cabin • Harriet Beecher Stowe

... transcendent competent insistent consistent convalescent correspondent corpulent dependent despondent expedient impertinent inclement insolvent intermittent prevalent superintendent recipient proficient efficient eminent excellent fraudulent latent opulent convenient corpulent ...
— The Art Of Writing & Speaking The English Language - Word-Study and Composition & Rhetoric • Sherwin Cody

... art of music—the one being the poetry of form and colour, the other of the sounds of nature. Handel was an indefatigable and constant worker; he was never cast down by defeat, but his energy seemed to increase the more that adversity struck him. When a prey to his mortifications as an insolvent debtor, he did not give way for a moment, but in one year produced his 'Saul,' 'Israel,' the music for Dryden's 'Ode,' his 'Twelve Grand Concertos,' and the opera of 'Jupiter in Argos,' among the finest of his works. As his biographer says of him, "He braved everything, and, by his unaided ...
— Self Help • Samuel Smiles

... dupes,—a kind of inverse cheats, too, or they would not have believed in them so long. A universal Bankruptcy of Imposture; that may be the brief definition of it. Imposture everywhere declared once more to be contrary to Nature; nobody will change its word into an act any farther:—fallen insolvent; unable to keep its head up by these false pretences, or make its pot boil any more for the present! A more scandalous phenomenon, wide as Europe, never afflicted the face of the sun. Bankruptcy everywhere; foul ignominy, and the abomination ...
— Latter-Day Pamphlets • Thomas Carlyle

... more would find his canvas shaking. It was only recently that the cashier of the principal bank of an agricultural county, after an unprosperous year, declared that such another season would make almost every farmer insolvent. Under these circumstances it is really to be wondered at that they have done as much as they have for the labourer in the last few years, finding him with better cottages, better wages, better education, and affording him ...
— The Toilers of the Field • Richard Jefferies

... that not only was Earl St. George Erne the heir of his cousin, but that some three years previously he had lent that cousin a sum of money sufficient to cover much more than the whole value of The Rim, taking in payment only promissory notes, whose indorser was since insolvent. This sum—as Mr. Erne the elder had been already unfortunate in several rash speculations—had been applied towards lifting a heavy mortgage, and instituting improvements that would enable the ...
— The Atlantic Monthly, Vol. 13, No. 79, May, 1864 • Various

... preaching all the way thro' the colonies to Georgia. The settlement of that province had lately been begun, but, instead of being made with hardy, industrious husbandmen, accustomed to labour, the only people fit for such an enterprise, it was with families of broken shop-keepers and other insolvent debtors, many of indolent and idle habits, taken out of the jails, who, being set down in the woods, unqualified for clearing land, and unable to endure the hardships of a new settlement, perished in numbers, leaving many helpless children unprovided for. The sight of their ...
— Autobiography of Benjamin Franklin • Benjamin Franklin

... of the ruling orders had already reduced the laboring classes to poverty and abject dependence; and all whom bad times or casual disasters had compelled to borrow had been impoverished by the high rates of interest; while thousands of insolvent debtors had been sold into slavery, to satisfy the demands of relentless creditors. In this situation of affairs the most violent or needy demanded a new distribution of property; while the rich would have held on to all the fruits of their extortion ...
— Mosaics of Grecian History • Marcius Willson and Robert Pierpont Willson

... independence in 1945 from the Netherlands, a claim disputed, then recognized by the Dutch in 1949. In 1975 Indonesian troops occupied Portuguese East Timor. Current issues include implementing IMF-mandated reforms (particularly restructuring and recapitalizing the insolvent banking sector), effecting a transition to a popularly elected government, addressing longstanding grievances over the role of the ethnic Chinese business class and charges of cronyism and corruption, alleged human rights violations by the military, the role of the military ...
— The 1999 CIA Factbook • United States. Central Intelligence Agency.

... no preacher, it will be readily imagined it had no church. With the first crowd who located there came an insolvent rumseller from the East. He called himself Pentecost, which was as near his right name as is usual with miners, and the boys dubbed his shop "Pentecost Chapel" at once. The name, somehow, reached the East, for within a few months there reached the post-office ...
— Romance of California Life • John Habberton

... entrance into confinement with a hemorrhage, and died suddenly in the Rue d'Echiquier, aged seventy-six. In his will, he donated large sums of money to his four children, and to the city of Boston to found an institution to be called the Swan Orphan Academy. But the estate was found to be hopelessly insolvent, and the public legacy was never paid. The colonel's name lives, however, in the Maine island he purchased in 1786, for the purpose of improving and settling,—a project which, but for one of his periodic failures, he would ...
— The Romance of Old New England Rooftrees • Mary Caroline Crawford

... reserve belonging to all the policies which they have in force. This means that they must retain or keep invested a sum equal to about two-thirds of all the premiums paid on all existing policies. The moment they part with any portion of this reserve for any purpose whatsoever, they are declared insolvent and wound up by a receiver. In other words, the corporation is d——d if it does and the policy holder is d——d if it doesn't. That the latter gets the sulphur bath goes without saying. The four largest old system companies doing business ...
— Volume 10 of Brann The Iconoclast • William Cowper Brann

... days' skirmishing, the court ordered the three suits to be consolidated. The question I had prepared myself on passed wholly out of sight, and the whole entanglement of an insolvent railroad, twenty-five years old, and lying across four States, and costing $20,000,000, came upon us at once. There were seven lawyers in the case besides me. On one side were John A. Campbell, of New Orleans, late member of the Supreme Bench of the United States; a leading New York ...
— From Canal Boy to President - Or The Boyhood and Manhood of James A. Garfield • Horatio Alger, Jr.

... four years' effort to repair his fallen fortunes only plunged him deeper in debt. General Keith, like most of his neighbors and friends, found himself facing the fact that he was hopelessly insolvent. As soon as he saw he could not pay his debts he stopped spending and notified ...
— Gordon Keith • Thomas Nelson Page

... been gone a few days before word came that he was dead. It then came out that Mr. Blackwell had allowed him to run up a debt of nearly seven hundred pounds for printing. It also came out that Mr. Townsend was insolvent. He had been in difficulties for years, and he had used the money he had received for my books to prevent his creditors from making him a bankrupt. His journey to Scotland was his last shift, and failing in that, he had taken opiates, it was said, to such an extent, as to cause ...
— Modern Skepticism: A Journey Through the Land of Doubt and Back Again - A Life Story • Joseph Barker

... wig or gown connected with the administration of justice. The gentlemen of the bar being barristers and attorneys too (for there is no division of those functions as in England) are no more removed from their clients than attorneys in our Court for the Relief of Insolvent Debtors are, from theirs. The jury are quite at home, and make themselves as comfortable as circumstances will permit. The witness is so little elevated above, or put aloof from, the crowd in the court, that a stranger ...
— American Notes for General Circulation • Charles Dickens

... but a poor accountant when it leaves the Future to balance its entries long years after the parties to the transactions are but a handful of insolvent dust. When, in such wise, the chiefest item of one side of the sheet fails to explain itself to the other, ...
— The Darrow Enigma • Melvin L. Severy

... near two years, my father was liberated by an Act for the benefit of insolvent debtors; he was then lost sight of for some time, at last, however, he made his appearance in the neighbourhood dressed like a gentleman, and seemingly possessed of plenty of money. He came to see me, took me into a field, and asked ...
— The Romany Rye - A Sequel to 'Lavengro' • George Borrow

... Commercial bubbles burst, and high-pressure boilers blow up, and mountebanks of all descriptions flourish on public credulity. Everywhere there are wars and rumours of wars. The Peace Society has wound up its affairs in the Insolvent Court of Prophecy. A great tribulation is coming on the earth, and Apollyon in person is to be perpetual dictator all the nations. There is, to be sure, one piece of news your line, but it will be no news to you. There is a meeting of the Pantopragmatic Society, ...
— Gryll Grange • Thomas Love Peacock

... are insolvent, you will not have to resort to this means to square yourself with the world, as your energy and pride will enable you to transact business in a fair way. But other worries may ...
— 10,000 Dreams Interpreted • Gustavus Hindman Miller

... example. He in his turn became the friend of the Regent, and to repair his shattered fortunes he engaged, at the advice of Lau, in those disastrous financial enterprises that paved the way for the Revolution. He failed completely in his ventures, left Paris insolvent, and took refuge in the Chateau de Chamondrin, where he hoped to escape the wrath of his creditors. But they complained to the king, and brought such influence to bear upon him that Louis XV., the Well-beloved, who had just ascended ...
— Which? - or, Between Two Women • Ernest Daudet

... cases, the situation of the adventurer is exactly the same. If he succeeds, he may secure an independency. If he is unsuccessful, his person and services are at the disposal of another; for in Africa, not only the effects of the insolvent, but even the insolvent himself, are sold to satisfy the lawful ...
— Life and Travels of Mungo Park in Central Africa • Mungo Park

... decision was left to William Penn, then a rising young Quaker about thirty years old, dreaming of ideal colonies in America. Penn awarded Fenwick a one-tenth interest and four hundred pounds. Byllinge soon became insolvent and turned over his nine-tenths interest to his creditors, appointing Penn and two other Quakers, Gawen Lawrie, a merchant of London, and Nicholas Lucas, a maltster of Hertford, to hold it in trust for them. Gawen Lawrie afterwards became ...
— The Quaker Colonies - A Chronicle of the Proprietors of the Delaware, Volume 8 - in The Chronicles Of America Series • Sydney G. Fisher

... juncture Harrison became insolvent. The landlord locked up the hall with all the belongings of the troupe nor would he release the goods until the rent was paid in full. Harrison was appealed to. He sneered at the impecunious minstrels and taunted them ...
— Watch Yourself Go By • Al. G. Field

... of her close-hidden hand, laid down a trump thereon with quiet sneering smile? And she would! He knew, somehow, that he should not thrive. His children would die of the measles, his horses break their knees, his plate be stolen, his house catch fire, and Mark Armsworth die insolvent. What a fool he was, to fancy such nonsense! Here he had been slaving all his life to keep his father: and now he could keep him; why, he would be justified, right, a good son, in doing the thing. How hard, how unjust of those upper Powers ...
— Two Years Ago, Volume II. • Charles Kingsley

... perfect readiness to do anything not likely to be found out, for a pot of beer. They get low wages, live low, and work accordingly. It was round Aylesbury, that for many years, the influence of the insolvent Duke of ...
— Rides on Railways • Samuel Sidney

... had created a new code of laws, and now there was an ample prison-house for its transgressors! The penal code was frightful. An insolvent debtor was tied up half naked in a public place and beaten three hours a day for thirty or forty days, and then, if no one came to his rescue, with his wife and his children he was sold as a slave. But Siberia was to be the prison-house ...
— A Short History of Russia • Mary Platt Parmele

... ovation, in consideration of the great and magnanimous daring of the Alexanders and Caesars on a small scale, to whom the law adjudges the "palmam qui meruit ferat." The real and true test of a refined polity is not the gallows; but is to be found rather in such well-imagined insolvent laws, as discharge a maximum of debt with a minimum of assets; and rid a gentleman annually of his duns, with the smallest possible quantity of corporeal inconvenience. When luxuries become necessaries, insolvency is the ...
— The Mirror of Literature, Amusement, and Instruction - Volume 14, No. 381 Saturday, July 18, 1829 • Various

... elections; continued the Duty-Commissioners Act for four years; altered certain parts of the Newcastle-District administration of justice Bill; made provision for the further appointment of parish and town officers; relieved insolvent debtors, by an Act which enabled a debtor in prison to receive five shillings weekly from his creditor during his detention, if the prisoner were not worth five pounds, worthlessness being, in this instance, ...
— The Rise of Canada, from Barbarism to Wealth and Civilisation - Volume 1 • Charles Roger

... are insolvent to the other sex. Woman's noble tradition is to give more than she gets, and let us off the reckoning, quite well knowing it beyond our feeble powers to cry ...
— The Spinners • Eden Phillpotts

... both poetry and philosophy, albeit but a poor brand of each. We are invited to occupy ourselves only with spiritual cash, because the universe is spiritually insolvent. The immediately gratifying feelings are the only feelings that the world can guarantee. Omar Khayyam is a philosopher-poet, because his immediate delight in "youth's sweet-scented manuscript" is part of a consciousness ...
— The Approach to Philosophy • Ralph Barton Perry

... placed in your hands and melted away, have doubtless reached you: take care that they ascend no higher.... Determine to finish the contest as you began it, honestly and gloriously. Let it never be said that America had no sooner become independent than she became insolvent." ...
— The Atlantic Monthly, Volume 14, No. 85, November, 1864 • Various

... great nobles but mechanics and other hidalgos were, exempt—had been able to earn and to lay by enough to offer the monarch fifty millions of dollars to purchase themselves out of semi-slavery into manhood, and yet found their offer rejected by an almost insolvent king. Nothing could exceed the idleness and the frivolity of the upper classes, as depicted by contemporary and not unfriendly observers. The nobles were as idle and as ignorant as their inferiors. They were not given to tournays nor to ...
— The Rise of the Dutch Republic, 1555-1566 • John Lothrop Motley

... cruelly and inhumanly, and without any legal authority, order the said Durbege Sing to be strictly imprisoned; and the said Durbege Sing, in consequence of the vexations, hardships, and oppressions aforesaid, died in a short time after, insolvent, but whether in prison or not ...
— The Works of the Right Honourable Edmund Burke, Vol. VIII. (of 12) • Edmund Burke

... money-market began to frighten even Mr. Sandford who had been predicting a panic. There had been but few failures, and those were generally of houses that ought to fail, being insolvent from losses or mismanagement. Mr. Sandford studied over his sheet of bills payable and receivable almost hourly. The amount intrusted to him by Monroe had been loaned out; for which he was now very sorry, as the rate of interest ...
— Atlantic Monthly, Volume 3, Issue 15, January, 1859 • Various

... add, an increase in other directions. For instance, whereas there had been only seven bankruptcies decreed in Dublin in 1799 there were 125 in 1810. The number of insolvent houses grew in seven years from 880 to 4719. These figures are not random but symptomatic. Mr Pitt had promised to blend Ireland with the capital and industry of Great Britain; he blended them as the edge of a tomahawk is blended with ...
— The Open Secret of Ireland • T. M. Kettle

... returned John in his free manner. "Get the whitewash brush to work. The insolvent court has its ...
— Verner's Pride • Mrs. Henry Wood

... he must be ruined. You are the only person I can think of, of her acquaintance, and can, perhaps, if not yourself, recommend the person most likely to influence her. Shelley had engaged to clear him of all demands, and he has gone down to the deep insolvent. ...
— The Works of Charles and Mary Lamb (Vol. 6) - Letters 1821-1842 • Charles and Mary Lamb

... negro. If freemen, in a political sense, were subjects of these cruel and degrading oppressions, what must have been the lot of their brethren in bondage? It is also true, that degrading conditions were sometimes assigned to white men, but never as members of a caste. Insolvent debtors, to indicate the worst of them, are compelled to make satisfaction by servitude; but that was borrowed from a kindred, and still less rational, principle of the common law. This act of 1726, however, remained in force, till it was repealed by the Emancipating Act of 1789; and it is irrational ...
— Diary in America, Series One • Frederick Marryat (AKA Captain Marryat)

... to cook and sleep, was one of the most miserable tumble-down erections I ever saw inhabited. It had formed part of an ancient set of offices that had been condemned about fourteen years before; but the proprietor of the place becoming insolvent, it had been spared, in lack of a better, to accommodate the servants who wrought on the farm; and it had now become not only a comfortless, but also a very unsafe dwelling. It would have formed no bad subject, with its bulging walls and gapped roof, that showed the bare ribs through ...
— My Schools and Schoolmasters - or The Story of my Education. • Hugh Miller

... for an investigation of Mr. Clinton's affairs, and the estate was pronounced insolvent, and all was offered for sale. At first Henriette could scarcely believe the assertion, but when she became convinced of its truth, she nerved her mind to meet the trial, relying upon that God "who tempers the wind to the ...
— Withered Leaves from Memory's Garland • Abigail Stanley Hanna

... always with studied courtesy, and I never upbraided him for the deception by which he had obtained my hand. My father disappeared suddenly from Vienna, and only after his departure was it discovered that his fortune had long vanished, and that he had for several years been completely insolvent. His creditors tittered a cry of execration; but in great cities the cries of such victims are scarcely heard. My reception-rooms were still thronged by aristocratic guests, and no one cared to remember my father's infamy. This life had lasted three years, when ...
— Run to Earth - A Novel • M. E. Braddon

... war in the time of Homer; Alexander sold the inhabitants of Thebes, and the Spartans reduced the entire population of Helos to servitude, so that Helot came to be synonymous with slave, while one of the laws inscribed on the Twelve Tables of Rome gave a creditor the right to sell an insolvent debtor into slavery to satisfy his claim. Wealthy Romans frequently possessed slaves, over whose lives and fortunes ...
— Bartholomew de Las Casas; his life, apostolate, and writings • Francis Augustus MacNutt

... with his uncle's. Under these circumstances, Morris could do nothing to procrastinate the crash; and, when it came, when prying eyes began to be applied to every joint of his behaviour, two questions could not fail to be addressed, sooner or later, to a speechless and perspiring insolvent. Where is Mr Joseph Finsbury? and how about your visit to the bank? Questions, how easy to put!—ye gods, how impossible to answer! The man to whom they should be addressed went certainly to gaol, and—eh! what was this?—possibly to ...
— The Wrong Box • Robert Louis Stevenson and Lloyd Osbourne

... war with both France and Spain, the condition of Ireland was well-nigh desperate. The country was almost denuded of regular troops; steps had indeed been taken for the establishment of a militia, and arms had actually been purchased; but in the hopelessly insolvent condition of the Irish Exchequer, it was impossible to do anything further. And a French invasion might arrive at any moment. At this crisis the country gentlemen came forward. They formed their tenants and dependants into regiments of volunteers, of which they took command themselves, and ...
— Is Ulster Right? • Anonymous

... of 180,000 acres of poor country, in some parts utterly desolate, in others afflicted with congested population, can hardly be carried on without making some enemies. Moreover, I have no reason to believe that the vast "Law Life" property has, since it passed out of the hands of its ancient insolvent owners, been either more wisely or liberally administered than in the wild, wicked days when the Martins "reigned" at Ballynahinch, and boasted that the King's writs did not run "in ...
— Disturbed Ireland - Being the Letters Written During the Winter of 1880-81. • Bernard H. Becker

... England abruptly, and never returned to it. He obtained a cruising vessel, which was lost in the Atlantic two years afterwards. The widow was left in affluence; but reverses of various kinds had befallen her; a bank broke—an investment failed—she went into a small business and became insolvent—then she entered into service, sinking lower and lower, from housekeeper down to maid-of-all work—never long retaining a place, though nothing decided against her character was ever alleged. She was considered ...
— The Best Ghost Stories • Various

... a conspicuous part in the Revolution of 1830, and by his influence as a liberal politician with the French people secured the elevation of Louis Philippe to the throne; in the calamities attendant on this Revolution his house became insolvent, but he was found, after paying all demands, to be worth in francs nearly ...
— The Nuttall Encyclopaedia - Being a Concise and Comprehensive Dictionary of General Knowledge • Edited by Rev. James Wood

... driven to obtain the sanction of the legislature for paying the national creditors by bills drawn at twelve months' date, and bearing 6 per cent. interest. It is the old story of the tailor who calls with his little account, and draws on his insolvent debtor at ninety days. If the insolvent debtor be not utterly gone as regards solvency he will take up the bill when due, even though he may not be able to pay a simple debt. But, then, if he be utterly insolvent, he can do neither the one nor the other! The Secretary of the ...
— Volume 2 • Anthony Trollope

... Government; and to this course the President fully committed himself as soon as the results of the election were known. He was impelled, further, by the conviction—notwithstanding unimpeachable evidence to the contrary—that the Bank was insolvent, and by his indignation at the refusal of Biddle and his associates to accept the electoral verdict as final. "Biddle shan't have the public money to break down the public administration with. It's settled. My mind's made up." So the ...
— The Reign of Andrew Jackson • Frederic Austin Ogg

... have Convinc^d me of the Notorious Violation of the Rights of Mankind and which I think no Rational Man will Ever try to Justify. America my Earnest Prayer is that thou mayst preserve thy Own Freedom from any Insolvent Invaders who may attempt to Rob the of the Same—but be Sure to let Slavery of all kinds ever ...
— Log-book of Timothy Boardman • Samuel W Boardman

... Wodehouse also remained there for a short time. Previously in poor health, he had further contracted a chill during our three days' drive in an open vehicle. As most of those who were going on to England at once now found themselves almost insolvent, it was arranged to pay their expenses through the German lines, and to give each of them a sum of fifty shillings, so that they might make their way Channelwards when they had reached an uninvaded part of France. Colonel Walker, of course, ...
— My Days of Adventure - The Fall of France, 1870-71 • Ernest Alfred Vizetelly

... appropriates and expends the funds of a private subscription raised for a hospital, and, at the time of his resignation, the treasury is empty, save 450,000 francs, half of which he puts in his pocket. What an administration!—In the presence of this debtor, evidently becoming insolvent, all people, far and near, interested in his business, consult together with alarm, and debtors are innumerable, consisting of bankers, merchants, manufacturers, employees, lenders of every kind and degree, and, in the front rank, the capitalists, who have put all their means for life into his ...
— The Origins of Contemporary France, Volume 1 (of 6) - The Ancient Regime • Hippolyte A. Taine

... trade, The poetical partners should bankrupts be made; If from dealings too large, we plunge deeply in debt, And Whereas issue out in the Muses Gazette; We'll on you our assigns for Certificates call; Though insolvent, we're honest, and give ...
— Sganarelle - or The Self-Deceived Husband • Moliere

... hurried prayer, maybe, just gabbled through; A random text—for any one will do." Then gently, lovingly, with look intense, He leaned towards us— "Is this common sense? No person in his rightful mind will try To run his business so, lest by-and-by The thing collapses, smirching his good name, And he, insolvent, face ...
— The Verse-Book Of A Homely Woman • Elizabeth Rebecca Ward, AKA Fay Inchfawn



Words linked to "Insolvent" :   solvent, failure, insolvency, nonstarter, unsuccessful person, belly-up, loser



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