"Insolvency" Quotes from Famous Books
 ... been defrauded." The failure of Hunt & Clarke, the publishers of the Life of Napoleon, cost Hazlitt L500. He had received only L140 towards this, in a bill which on their insolvency became worthless. ...
— The Works of Charles and Mary Lamb (Vol. 6) - Letters 1821-1842 • Charles and Mary Lamb
... turn, cow-keeper on the rue du Petit-Banquier, keeper of a livery-stable, and cabman. As cow-keeper, Vergniaud, having a wife and three sons, being in debt to Grados, and giving too generously to Chabert, ended in insolvency; even then he aided Luigi Porta, again in trouble, and was his witness when that Corsican married Mademoiselle di Piombo. Louis Vergniaud, being a party to the conspiracies against Louis XVIII., was imprisoned for his share in these crimes. ...
— Repertory Of The Comedie Humaine, Complete, A — Z • Anatole Cerfberr and Jules Franois Christophe
... to disinherit his son and, waiting, glanced a trifle wryly at the littered studio. What Brian lost by chronic disinheritance lay ever before the eye, particularly now when Kenny, in one of his periods of insolvency, was posted downstairs for club debt and Mrs. Haggerty's insular notions about credit had driven him to certain frugal devices with the few handkerchiefs he owned, one of which was spread upon the ...
— Kenny • Leona Dalrymple
... unsuccessful conflicts, and to those who will ride by his side in triumph; to those who spent their fortunes in his quarrel, and to those who hope to gain or preserve fortunes by voting for his return. What course are men apt to pursue when they find themselves in a state of inextricable insolvency? Do they not endeavour to forget their creditors in general, and think only of taking care of themselves and their personal friends. Royalty does not extinguish human feelings. Let us consider its difficulties, and palliate while ...
— The Loyalists, Vol. 1-3 - An Historical Novel • Jane West
... an administration in which corruption and treason and every evil principle have been contending for the mastery, when our ships are all away beyond sea, when our arms and our fortifications are out of our hands, when our treasury is bankrupt, our people divided, insolvency and ruin threatening our country, and all the Gulf States defying the authority of the Government? No, sir! this is no time to try the strength of the Government. When we do that, let us ...
— A Report of the Debates and Proceedings in the Secret Sessions of the Conference Convention • Lucius Eugene Chittenden
... perfumes, and has invented a Sultana cosmetic and a Carminative Water, has reached a position of influence and substance. Urged by his wife's desire to shine in society, he allows himself to be inveigled into an expenditure that compromises his fortune and reduces him to insolvency. Although retaining the esteem of his fellow-citizens, who are convinced of his integrity, Cesar is stricken to the heart, less by the loss of his money than by his failure to meet his engagements. In vain, his wife and daughter hire themselves ...
— Balzac • Frederick Lawton
... sold his farm he was by no means out of danger of absolute insolvency—he was in fact ruined; but he was not yet the victim of those processes which would make him legally insolvent. The vultures were hovering, but they had not yet swooped, and there was the Manor saw-mill going night and day; for by the strangest good luck Jean Jacques ...
— The Judgment House • Gilbert Parker
... mentioned the subject to you, my child, but some months ago—when, as I have said, the tide was very low—I was led to consider that passage, and under the influence of it I went to my creditors and delivered up to them your box of jewels. You are aware, no doubt, that having passed through the insolvency court, and given up all that I possessed, I became legally free. This box was recovered from the deep, and restored to me after my effects had been given up to my creditors, so that I might have retained it. But I felt that this would have been ...
— Under the Waves - Diving in Deep Waters • R M Ballantyne
... neighbours as chose to employ her. My father's new house lay untenanted at the time; and though his sloop had been partially insured, the broker with whom he dealt was, it would seem, on the verge of insolvency, and having raised objections to paying the money, it was long ere any part of it could be realized. And so, with all my mother's industry, the household would have fared out ill, had it not been ...
— My Schools and Schoolmasters - or The Story of my Education. • Hugh Miller
... English, who continually harassed the French on their own territory. The tax on merchandise not being sufficient for this war, the payment of public debts contracted by the government was suspended, and the State was thus obliged to admit its insolvency. The mint taxes, called seigneuriage, were pushed to the utmost limits, and the King levied them on the new coin, which he increased at will by largely alloying the gold with base metals. The duties on exported and imported ...
— Manners, Custom and Dress During the Middle Ages and During the Renaissance Period • Paul Lacroix
... can readily suppose any question of the validity of his title would make him very nervous; once convinced of his mistake, he would hasten to another church, just as he would change his insurance policies, when satisfied of the insolvency of the company ...
— The Continental Monthly, Vol. IV. October, 1863, No. IV. - Devoted to Literature and National Policy. • Various
... to see what personal rule in its fullest development is capable of producing, let him visit Egypt. The condition of its finances is notorious, but we did not expect to witness such convincing proofs of insolvency. ...
— Round the World • Andrew Carnegie
... Week' is at a disadvantage before the public as long as it's supposed to be my enterprise, my idea. As far as I'm known at all, I'm known simply as a syndicate man, and nobody in the press believes that I've got the money to run the thing on a grand scale; a suspicion of insolvency must attach to it sooner or later, and the fellows on the press will work up that impression, sooner or later, if we don't give them something else to work up. Now, as soon as I begin to give it away to the ...
— Henry James, Jr. • William Dean Howells
... convenient too would be such a rapid intercourse between London and country bankers, in regard to balances, advances, and money transactions; how desirable in law business between London and country practitioners; and how important in cases of bankruptcy or insolvency! In family concerns, notices of deaths, births, accidents, progressive sickness, &c. it would often be deeply interesting. The state of elections, the issues of lawsuits, determinations of the legislature, questions ...
— A Morning's Walk from London to Kew • Richard Phillips
... thing that is due, and must be paid by every man who would avoid present discredit and eventual moral insolvency. It is an obligation—a debt—which can only be discharged by voluntary effort and resolute action ...
— How to Get on in the World - A Ladder to Practical Success • Major A.R. Calhoon
... this office from the office of the Chicago Tribune states that the utmost public distress is prevailing in St. Louis. A frightful pestilence is raging, complete anarchy prevails, most of the merchants have gone into insolvency, and ruin stares St. Louis in the face ...
— Punchinello, Vol. 1, No. 7, May 14, 1870 • Various
... Dodsley, you may believe, laughed at the lawyer; but that does not lessen the dirty knavery.... I have done with countenancing kings." After he had remained in prison more than six years, "he took the benefit of the Act of Insolvency, and went to the Old Bailey for that purpose: in order to it, the person applying gives up all his effects to his creditors: his Majesty was asked what effects he had? He replied 'Nothing but the kingdom of Corsica;' and it was actually registered for the benefit of his creditors. As soon ...
— Boswell's Correspondence with the Honourable Andrew Erskine, and His Journal of a Tour to Corsica • James Boswell
... afterwards in his romances, beginning with "Crime and Punishment," Dostoevsky has something in common with Count L. N. Tolstoy. Both writers were disenchanted as to European progress, admitted the mental and moral insolvency of educated Russian society, and fell into despair, from which the only escape, so it seemed to them, was becoming imbued with the lively faith of the common people, and both authors regarded this faith as the sole means of getting into real communion ...
— A Survey of Russian Literature, with Selections • Isabel Florence Hapgood
... glass of every description, is disposed of, is easily seen through—to the furnace; and how the old iron is appropriated, is not hard to guess. The old woollen, if perchance any should exist in the shape of a pair of innominables, after exploring the pockets, and a sigh for their insolvency, are unceremoniously cast aside along with the worthless remains of rags of every description, string, paper, &c. &c., to pass through the operation necessary for making brown paper. What still remains, of coals, and cinders unconsumed, ...
— The Mirror of Literature, Amusement, and Instruction, Vol. 10, No. - 287, December 15, 1827 • Various
... starvation, famine, drought. dole, mite, pittance; short allowance, short commons; half rations; banyan day. emptiness, poorness &c. Adj.; depletion, vacancy, flaccidity; ebb tide; low water; " a beggarly account of empty boxes " [Romeo and Jul.]; indigence &c. 804; insolvency &c. (nonpayment) 808. V. be insufficient &c. Adj.; not suffice &c. 639; come short of &c. 304 run dry. want, lack, need, require; caret; be in want &c. (poor) 804, live from hand to mouth. render insufficient &c. Adj.; drain ...
— Roget's Thesaurus
... violently. Re-en-force'ments, additional troops. 3. Corps (pro. kor), a body of troops. Re-serve', a select body of troops held back in case of special need for their services. 4. Bank'rupt-cy. inability to pay all debts, insolvency. Re-mit'tanc-es, mouey, drafts, etc., sent from a distance. Ma-tur'ing, approaching the time fixed for payment. 5. Prov-o-ca'tion, that which causes anger. 6. Ig-no-min'i-ous, infamous. 7. Weal, ...
— McGuffey's Fifth Eclectic Reader • William Holmes McGuffey
... would not have been practicable) and thought that the new weapon might fail in an emergency. Colt found a market in Texas and among the frontiersmen who were fighting the Seminole War in Florida, but the sales were insufficient, and in 1842 the company was obliged to confess insolvency and close down the plant. Colt bought from the company the patent of the revolver, which was supposed to ...
— The Age of Invention - A Chronicle of Mechanical Conquest, Book, 37 in The - Chronicles of America Series • Holland Thompson
... deceived him. His debts in College, though not great, were increasing[236]; and his scanty remittances from Lichfield, which had all along been made with great difficulty, could be supplied no longer, his father having fallen into a state of insolvency. Compelled, therefore, by irresistible necessity, he left the College in autumn, 1731, without a degree, having been a member of it little more ...
— Life Of Johnson, Vol. 1 • Boswell
... like the thunder-flash in the stormy sky, not on the laboratory wire. Pain on that scale has its harmony in great love; for by hurting love it reveals the infinity of love in all its truth and beauty. On the other hand, the pain involved in business insolvency is discordant; it kills and consumes till nothing ...
— Creative Unity • Rabindranath Tagore
... been the other way. It would have been just as holy in Non to make the gospel work in New York as to make a blaze, a show or advertisement of how wicked the world was, and of how inefficient the gospel was—by going into insolvency. ...
— Crowds - A Moving-Picture of Democracy • Gerald Stanley Lee
... such calamities sae oddly thrust upon me, as my ain death, and the bankruptcy o' my faither. However, sae it was. But my business noo was to remedy, as far as possible, the mischief that had been done by the unfounded rumour o' oor insolvency. Wi' this view I hastened awa to a newspaper office, to begin the cure by an advertisement; and, in doin this, I had occasion to pass the coach-office whar I had landed the day before. Observin the place, I thocht I micht as weel step in and secure my ticket for the ...
— Wilson's Tales of the Borders and of Scotland, Volume III • Various
... burdens—threatened to demoralise and politically to annihilate the whole farmer-class. The intention of the legislator, when instead of mortgaging he prescribed the immediate transfer of the property to the creditor with a view to prevent insolvency and to devolve the burdens of the state on the real holders of the soil,(3) was evaded by the rigorous system of personal credit, which might be very suitable for merchants, but ruined the farmers. The free divisibility of the soil always involved the risk of ...
— The History of Rome (Volumes 1-5) • Theodor Mommsen
... been in existence as an independent State for twelve years when it reached that condition of insolvency which appeared to invite, or at least justify, annexation, as the only alternative to complete ruin and chaos. And there are very few, even among the most uncompromising supporters of the Boers, who seriously ...
— The Transvaal from Within - A Private Record of Public Affairs • J. P. Fitzpatrick
... last analysis there was no logical, honest argument for the discounting of payments unless it were a case of absolute insolvency with individual companies. It was maintained by the opponents to the "six-bit" policy that the insuring public had paid for what it assumed to be valid contracts and was entitled to just indemnity and payment in full. Finally, the roll call came to ascertain the sense of the meeting ...
— The Spirit of 1906 • George W. Brooks
... Bellefontaine and Indiana Railroad is noticeable from the fact that it was by his sagacity and unwearied energy, ably assisted by the late Governor Brough, as general manager, that the company was raised from absolute insolvency to a high rank among dividend paying lines. Mr. Witt had gone into the undertaking with a number of other Clevelanders, had all but lost his entire investment, but had never lost faith in the ultimate ...
— Cleveland Past and Present - Its Representative Men, etc. • Maurice Joblin
... him in!" said Austria afterwards: but they had not such luck. It was at this point, according to Valori, that the King burst forth into audible ejaculations of a lamentable nature. There is no getting over, then, even to Brandenburg, and in an insolvent condition. Not open insolvency and bankrupt disgrace; no, ruin, and an Austrian jail, is the one outlook. "O MON DIEU, O God, it is too much (C'EN EST TROP)!" with other the like snatches of lamentation; [Valori, i. 104.] which are not inconceivable in a young man, ...
— History of Friedrich II. of Prussia, Vol. XII. (of XXI.) • Thomas Carlyle
... without first calling a palaver on his conduct; or, in other words, bringing him to a public trial; but this degree of protection is extended only to the native of domestic slave. Captives taken in war, and those unfortunate victims who are condemned to slavery for crimes or insolvency, and, in short, all those unhappy people who are brought down from the interior countries for sale, have no security whatever, but may be treated and disposed of in all respects as the owner thinks proper. It sometimes happens, indeed, when no ships ...
— Life and Travels of Mungo Park in Central Africa • Mungo Park
... But, as it might be troublesome for the receiver to prosecute the whole parish, he takes at his choice five or six of the richest contributors, and obliges them to make good what had been lost by the insolvency of the collector. The parish is afterwards reimposed, in order to reimburse those five or six. Such reimpositions are always over and above the taille of the particular year in which they are ...
— An Inquiry into the Nature and Causes of the Wealth of Nations • Adam Smith
... paused. Prudence plucked him by the sleeve, whispering that never while he lived must he breathe the word Insolvency; but a wilder instinct urged him to disclosure. "Why—it rests with you to keep me ...
— The Divine Fire • May Sinclair
... laid-out town on the shores of Port Denison. It is inhabited by some six hundred people—mostly official loafers and spongers of the worst type. The community consists of boozy squatters, snobbish wives of snobbish officials, anaemic old maids, obsequious tradesmen on the verge of insolvency, and two respectable and hard-working persons—the latter are Chinamen. The 'tony' society of Bowen is about as lively and intelligent as that of a decaying Cathedral town in the old country. The atmosphere of matchless snobbery and vulgarity that pervades Bowen can ...
— Tom Gerrard - 1904 • Louis Becke
... squandered their estate, perchance in idleness and luxurious living, or have wasted it in vanities or misdirected ambition. Having become bankrupts in health, there is necessarily a failure of the menstrual function, and then follows a panic. All the blame of the insolvency and general derangement, is unjustly attributed to the non-performance of the duties of the uterus. Thus, this organ is altogether dependent Upon the general health for its functional ability, yet frequently treatment is instituted to compel ...
— The People's Common Sense Medical Adviser in Plain English • R. V. Pierce
... be presumed that the young man exulted over the reported insolvency. He fervently prayed that Marguerite Verne should have moral courage to bear up under the pressure of circumstances that must necessarily follow, but he hoped that a life of usefulness would be more acceptable than that of luxury ...
— Marguerite Verne • Agatha Armour
... to keep up a show of prosperity. In reality, it was impossible for her, while she had the means to pay her way for a week ahead, to lapse into a form of existence like Gerty Farish's. She had never been so near the brink of insolvency; but she could at least manage to meet her weekly hotel bill, and having settled the heaviest of her previous debts out of the money she had received from Trenor, she had a still fair margin of credit to go upon. The situation, however, was not ...
— House of Mirth • Edith Wharton
... of the estates of deceased persons and the appointment and superintendence of guardians and similar agents of the law, and proceedings in insolvency, there are in many States special courts, known as Courts of Probate, Surrogate's Courts, or Orphans' Courts, and Courts of Insolvency. In others these functions belong ...
— The American Judiciary • Simeon E. Baldwin, LLD
... Lat. bancus or Fr. banque, table or counter, and Lat. ruptus, broken), the status of a debtor who has been declared by judicial process to be unable to pay his debts. Although 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 ...
— Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 - "Baconthorpe" to "Bankruptcy" • Various
... whatever cause it may arise) is more likely to be avoided than any severe course towards the inhabitants: as the former fault was, besides the deprivation of office, attended with two imprisonments, with a menace of death, and an actual death, in disgrace, poverty, and insolvency; whereas the latter, namely, the oppression, and thereby the total ruin, of the country, charged on the second administrator, was only followed by loss of office,—although, he, the said Warren Hastings, did farther assert (but with what truth does not appear) that the ...
— The Works of the Right Honourable Edmund Burke, Vol. VIII. (of 12) • Edmund Burke
... standing." (b) Records shall be kept of the names of stockholders and of the stock held by each. (c) Every stockholder shall be individually liable for an amount equal to twice the amount of his stock. (d) In cases of insolvency bill-holders shall have a preference over other creditors. (e) The suspension of specie payments shall never be permitted or sanctioned. (5) By a vote of two thirds of each branch of the General Assembly all laws for ...
— History of the Constitutions of Iowa • Benjamin F. Shambaugh
... threatened with national insolvency, and here is an infallible remedy ready to hand. Lord FISHER'S panacea for our discontents was to "sack the lot"—to dismiss all our rulers and administrators. But he had only a glimmering of the truth. Our cry should rather be, "Lock up ...
— Punch, or the London Charivari, Volume 158, June 2, 1920 • Various
... not in the least. Legally the thing's as simple as A B C. The man has only to take the benefit of the Act of Insolvency, assign his estate to his creditors, and then— supposing that they ...
— Sir John Constantine • Prosper Paleologus Constantine
... neighbour, is the last relic of this extinct magnificence. Before he grew up, his family had very nearly reached its lowest ebb. When his father died, there was one dazzling outburst of funeral extravagance, and then insolvency. The property was sold to liquidate the debt. What little ready money was left over was altogether insufficient to keep up ...
— The Hungry Stones And Other Stories • Rabindranath Tagore
... days of grace, protests, insolvency, expansions, and the other technical terms with which Wall Street is familiar. He can take no explanation of broken promises, especially when those promises are made by individuals who claim to represent the Great Father at Washington. In this case the Sioux lost all confidence in the ...
— Camp-Fire and Cotton-Field • Thomas W. Knox
... the Lord has prospered him, and he will see that the Lord will act according to what is contained in this verse. If pride constrain us to give, if self-righteousness make us liberal, if natural feeling induce us to communicate, or if we give whilst we are in a state of insolvency, not possessing more perhaps than ten shillings in the pound, were our creditors to come upon us; then we cannot expect to have this verse fulfilled in our experience; nor should we give at any time for ...
— The Life of Trust: Being a Narrative of the Lord's Dealings With George Mueller • George Mueller
... with this the insolvency of the Second National Bank of New York, for a very large sum, became public, and the alleged gross misconduct of the president of that bank, John C. Eno, became a matter of public notoriety. Steps were taken by the officers and stockholders of the bank, including the father ...
— Recollections of Forty Years in the House, Senate and Cabinet - An Autobiography. • John Sherman
... and serve him right for his pains. But I am not sorry, for it is unpleasant for a house like ours to have to sell an old client up. Not that his account is worth much, nothing at all—more trouble than profit—or we should not have done it. He's no better than a bankrupt and the insolvency court is the best place for him. The world is to the rich and the fulness thereof. There's an insolvency court especially provided for de la Molle and his like—empty old windbags with long sounding names; let him go there and make room for the men who have made money—hee! hee! hee!" And once more ...
— Colonel Quaritch, V.C. - A Tale of Country Life • H. Rider Haggard
... handsome fortune from his father. All these expectations had been disappointed by Mr. Fenton's sudden death at a period of great commercial disturbance. The business was found in a state of entanglement that was very near insolvency; and wise friends told Gilbert Fenton that the only hope of coming well out of these perplexities lay with himself. The business was too good to be sacrificed, and the business was all his father had left behind him, with the exception of a ...
— Fenton's Quest • M. E. Braddon |
