116 Ga. 216 | Ga. | 1902
Without stating the facts of this case, it is sufficient to say that it turns upon the question indicated above, which was, in our opinion, rightly decided by the superior court. Sec- ■ tion 12 of the bankrupt act of 1898 declares that a bankrupt may, at a specified stage of the proceedings, “ offer terms of composition”
A reading of these provisions of the bankrupt act will show, without discussion, that the proposition announced in the headnote is correct.
Judgment affirmed.