Her husband's small estate had melted like a snow-bank in the liquidation of his debts.

" "If something doesn't happen," observed Destyn, pocketing his instrument, "the Green Mouse, Limited, will go into liquidation with no liabilities and no assets, and there'll be no billions for you or for me or for anybody.

The ready and profitable sale of her paintings enabled our heroine to set aside sums for the liquidation of her father's debts earlier than she expected.

The moment of liquidation is always painful; but when it is over, credit revives.

Payment N. payment, defrayment^; discharge; acquittance, quittance; settlement, clearance, liquidation, satisfaction, reckoning, arrangement.

By it valuable privileges were granted to the English traders; four commissioners,two English and two Portuguese, were appointed[b] to settle all claims against the Portuguese government; and it was agreed[c] that an English commissary should receive one-half of all the duties paid by the English merchants in the ports of Portugal, to provide a sufficient fund for the liquidation of the debt.

In the beginning they had relied on the house and the two farms which the fugitive notary had left perforce behind him, but it was now certain that this property was in his wife's name and, while he was enjoying in Switzerland, as it was said, the beauty of the mountains, she lived on one of the farms, which she cultivated quietly, away from the annoyances of the liquidation.

And when the young physician went away, he said that he would return as soon as he should have news of the Grandguillot liquidation.

Much of the present machinery and a considerable portion of the expenditure of public money may be dispensed with, while greater facilities can be afforded to the liquidation of claims upon the Government and an examination into their justice and legality quite as efficient as the present secured.

For over a year no law but force had been known in these regions, and many old wrongs and private wounds demanded liquidation.

They are guaranteed by the resources of a country the fruits of whose industry afford abundant means of ample liquidation, and by the evident interest of every merchant to sustain a credit hitherto high by promptly applying these means for its preservation.

The amount of the public debt of all classes was on the 4th of March, 1853, $69,190,037, payments on account of which have been made since that period to the amount of $12,703,329, leaving unpaid and in continuous course of liquidation the sum of $56,486,708.

3. NATIONS IN LIQUIDATION 4. BRAINTREE, BOCKING, AND THE FUTURE OF THE WORLD 5.

NATIONS IN LIQUIDATION

The current bankruptcy and liquidation and the coming reconstruction of the economic system of Europe will go on in a quite unprecedented amount of light.

But whether from the incapacity of the negroes as mill hands or from the accumulation of debt through the purchase of slaves, the company was forced into liquidation at the close of the following year.

Corporation securities were few and unseasoned; lands were liable to wear out and were painfully slow in liquidation; but slaves were a self-perpetuating stock whose ownership was a badge of dignity, whose management was generally esteemed a pleasurable responsibility, whose labor would yield an income, and whose value could be realized in cash with fair promptitude in time of need.

The law governing liquidation as pertaining to corporations, partnerships, individuals, decedents, bankruptcy, receivership, reorganization.

Sometimes this process of liquidation goes on quietly and in other cases it becomes a wild scramble, each one trying to save himself, in which case it is a financial panic.

But you must all agree to accept such sums in liquidation in full.

Is there not some method of winding up Companies, or putting them into liquidation, or appointing receivers?

The first practical steps were taken by Ferdinand de Lesseps in 1879; two years later work was begun; the cost was estimated at £24,000,000, but on January 1, 1889, the company was forced into liquidation after spending over £70,000,000, and accomplishing but a fifth of the work.

Finding the Parsonage under a mortgage that imperiled the safety of the property, Brother Lewis stepped forward and offered his horse, saddle, and a dollar and a half, all the money he had, in liquidation of the indebtedness.

It was choked with debris; a thin, yellow stream that once ran through it seemed to have stopped work when they did, and gone into greenish liquidation.

Its effects upon the solvent State banks, while it would force into liquidation those of an opposite character through its weekly settlements, would be highly beneficial; and with the advantages of a sound currency the restoration of confidence and credit would follow with a numerous train of blessings.