Administrators have to make an inventory. They have to
account on request by an interested person. They must be bonded by
two sureties.
Executors and administrators of estates of deceased persons must
pay the debts of the deceased person rather than waste or convert
the goods and chattels to their own use. Creditors may recover
their debts from heirs or devisees of the will of a debtor.
Men gone beyond the sea who could not be accounted for were deemed
dead after seven years, so their life estates could be terminated.
Whereas lawful games are not to be used as constant callings for a
livelihood, and young people are deceived and debauched and their
money taken, anyone "winning" money by deceitful or fraudulent
gambling shall forfeit three times his "winnings".
When a bill of exchange drawn to at least five pounds is not paid
on demand at the time it is made payable, the person who accepted
it may make a protest in writing before a notary public, which
shall be served on the maker of such bill, who must pay it and all
interest and charges from the date of the protest. But if a bill
of exchange is lost or miscarried, another shall be given in its
place.
No one may take more than 6 pounds in interest for a 100 pound
loan.
Persons seeking election to Parliament may not give or promise
money, meat, drink, entertainment, present or gift to any elector.
Because the gaols were full of people in debt due to the late
unhappy times such as the London fire, all prisoners for debt were
to be released upon taking an oath that they had no property over
ten pounds nor had disposed or conveyed property to defraud
creditors.
Pages:
866
867
868
869
870
871
872
873
874
875
876
877
878
879
880
881
882
883
884
885
886
887
888
889
890