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Insolvent   Listen
adjective
Insolvent  adj.  (Law)
(a)
Not solvent; not having sufficient estate to pay one's debts; unable to pay one's debts as they fall due, in the ordinary course of trade and business; as, in insolvent debtor.
(b)
Not sufficient to pay all the debts of the owner; as, an insolvent estate.
(c)
Relating to persons unable to pay their debts.
Insolvent law, or Act of insolvency, a law affording relief, subject to various modifications in different States, to insolvent debtors, upon their delivering up their property for the benefit of their creditors; bankruptcy law. See Bankrupt law, under Bankrupt, a.






Collaborative International Dictionary of English 0.48








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"Insolvent" Quotes from Famous Books



... 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, ...
— The Parables of Our Lord • William Arnot

... had 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 receiving any of ...
— A Dark Night's Work • Elizabeth Gaskell

... 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 ...
— The Origins of Contemporary France, Volume 1 (of 6) - The Ancient Regime • Hippolyte A. Taine

... debtors while in the flesh (chapt. ii. 280, etc.) said "Allah covereth all faults except debt; that is to say, there will be punishment therefor." Also "A martyr shall be pardoned every fault but debt." On one occasion he refused to pray for a Moslem who died insolvent. Such harshness is a curious contrast with the leniency which advised the creditor to remit debts by way of alms. And practically this mild view of indebtedness renders it highly unadvisable to oblige a Moslem ...
— The Book of the Thousand Nights and a Night, Volume 9 • Richard F. Burton

... be sold for slaves. Parents might sell their children; but they did not on that account entirely lose the right of citizens, for, when freed from slavery, they were called ingenui and libertini. The same was the case with insolvent debtors, who were given ...
— Roman Antiquities, and Ancient Mythology - For Classical Schools (2nd ed) • Charles K. Dillaway

... 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 ...
— Memoirs of the Life of Sir Walter Scott, Volume I (of 10) • John Gibson Lockhart

... prosper; I will even admit that it only stands on one leg. In order to make it appear for a few months longer, I have recently been obliged to go to a money-lender, who has left me, instead of the classical stuffed crocodile, a trained horse which he had just taken from an insolvent circus. I mounted the noble animal to go to the Bois, but at the Place de la Concorde he began to waltz around it, and I was obliged to get rid of this dancing quadruped at a considerable loss. So your contribution to La Guepe would have to be gratuitous, like those of all the rest. ...
— Serge Panine • Georges Ohnet

... ago er 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 to speculate,"— ...
— The Complete Works • James Whitcomb Riley

... said, 'I am Philip Ormond Berkley; how do you do!' And he said, 'How do you do!' And I said, 'I'm a relation,' and he said, 'I believe so.' And I said, 'I was educated at Harvard and in Leipsic; I am full of useless accomplishments, harmless erudition, and insolvent amiability, and I am otherwise perfectly worthless. Can ...
— Ailsa Paige • Robert W. Chambers

... statesmanship—and all statesmanship, it should be remembered, is imperfect—has failed in obtaining good results at all commensurate with its generally good intentions. Failure, however, is none the less failure because its causes admit of analysis. It is no defence to bankruptcy that an insolvent can, when brought before the Court, lucidly explain the errors which resulted in disastrous speculations. The failure of English statesmanship, explain it as you will, has produced the one last and greatest evil which misgovernment can cause. It has created hostility to the law in the ...
— Handbook of Home Rule (1887) • W. E. Gladstone et al.

... 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 sober, honest, and peculiarly quiet in her ways; still nothing prospered with ...
— Haunted and the Haunters • Edward Bulwer Lytton

... England went to 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

... schemes the Universal Bank was formed, and by force of advertising became immediately successful. Emboldened by success, Saccard launched into wild speculation, involving the bank, which ultimately became insolvent, and so caused the ruin of thousands of depositors. The scandal was so serious that Saccard was forced to disappear from France and to ...
— A Zola Dictionary • J. G. Patterson

... 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 ...
— The Nest Builder • Beatrice Forbes-Robertson Hale

... 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 ...
— Cousin Betty • Honore de Balzac

... 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, and in inventing ways of getting ...
— Crowds - A Moving-Picture of Democracy • Gerald Stanley Lee

... present period little else than the shadow of what he had been. He not only lost heavily the usurious credit he had given, in consequence of the wide-spread poverty and crying distress of the wretched people, who were mostly insolvent, but he suffered severely by the outrages which had taken place, and doubly so in consequence of the anxiety which so many felt to wreak their vengeance on him, under that guise, for his heartlessness and blood-sucking ...
— The Black Prophet: A Tale Of Irish Famine • William Carleton

... 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

... 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

... circumstances, not only in the political sphere, but in the circle of money transactions. Among others, it shows that a government may be in a state of insolvency and a nation rich. So far as the fact is confined to the late Government of France, it was insolvent; because the nation would no longer support its extravagance, and therefore it could no longer support itself—but with respect to the nation all the means existed. A government may be said to be insolvent every time it applies to the nation ...
— The Writings Of Thomas Paine, Complete - With Index to Volumes I - IV • Thomas Paine

... war and all persons bought from foreigners were condemned to perpetual slavery. Others became slaves for limited periods,—freemen who married slaves, insolvent debtors, servants out of employment, and various other classes. As the legal interest of money was forty per cent., the enslavement of debtors must have been very common, and Russia was even then largely a ...
— Historic Tales, Vol. 8 (of 15) - The Romance of Reality • Charles Morris

... very much as a feudal baron regarded his peasantry. It was their privilege and duty to support him, and he repaid them with an occasional magnificent compliment. The result was that he lived in debt and died insolvent, and this was not the position which such a man as Daniel Webster should ...
— Daniel Webster • Henry Cabot Lodge

... 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

... such an assertion! For, at the time when Cnaeus Pompeius and Quintus Hortensius named me as augur, after I had been wished for as such by the whole college, (for it was not lawful for me to be put in nomination by more than two members of the college,) you were notoriously insolvent, nor did you think it possible for your safety to be secured by any other means than by the destruction of the republic. But was it possible for you to stand for the augurship at a time when Curio was not in Italy? or even at the time when you were elected, could you have got ...
— The Orations of Marcus Tullius Cicero, Volume 4 • Cicero

... 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 ...
— The 1999 CIA Factbook • United States. Central Intelligence Agency.

... 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 ...
— Autobiography of Benjamin Franklin • Benjamin Franklin

... about 'righteousness 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 ...
— Expositions of Holy Scripture: The Acts • Alexander Maclaren

... cases substantially owns, and by its 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, ...
— A Compilation of the Messages and Papers of the Presidents - Section 1 (of 2) of Volume 3: Andrew Jackson (Second Term) • James D. Richardson

... Anne, died in childhood. All the rest attained mature ages, and of these William was the eldest. This might give him some advantage in his father's regard; but in a question of pecuniary provision precedency amongst the children of an insolvent is nearly nominal. For the present John Shakspeare could do little for his son; and, under these circumstances, perhaps the father of Anne Hathaway would come forward to assist the new-married couple. ...
— Biographical Essays • Thomas de Quincey

... his estate, and as soon as practicable was going through the courts as an insolvent. The personal estate allowed him from the debris of his wealth he intended to settle on his aunts, and he hoped it might be sufficient to support them. Himself, he had the same prospects as the boundary-riders ...
— My Brilliant Career • Miles Franklin

... destiny he had chosen with a scorn more unappeasable than any appetite; and that the destiny she was choosing with this snarling intensity was so glorious that it justified her scorn. He felt a conviction, which had the vague quality of melancholy, that he was morally insolvent, and a suspicion, which had the acute quality of pain, that his financial solvency was not such a great thing after all. For Ellen looked like an angry queen as well as an angry angel. It seemed possible ...
— The Judge • Rebecca West

... 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 ...
— Which? - or, Between Two Women • Ernest Daudet

... it turned out. The great corn-firm had been insolvent for years; and after speculating desperately, and to a frightful extent, with a view to recover themselves, had failed to an enormous amount—their assets, comparatively speaking, proving to ...
— The Experiences of a Barrister, and Confessions of an Attorney • Samuel Warren

... 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 boldly ...
— John Marshall and the Constitution - A Chronicle of the Supreme Court, Volume 16 In The - Chronicles Of America Series • Edward S. Corwin

... he did not die insolvent. At his death, a subscription was got up for the support of his wife and daughter. Churchill was imprisoned for debt, occasioned by his dissoluteness and extravagance,—Cowper characterizing him as "spendthrift alike ...
— Thrift • Samuel Smiles

... community in dependence by means of advances at enormous usury. The law of debt, framed by creditors, and for the protection of creditors, was the host horrible that has ever been known among men. The liberty and even the life of the insolvent were at the mercy of the Patrician money-lenders. Children often became slaves in consequence of the misfortunes of their parents. The debtor was imprisoned, not in a public jail under the care of impartial public functionaries, but in a private workhouse ...
— Lays of Ancient Rome • Thomas Babington Macaulay

... dead—what would happen? You would leave debts, for, although you are solvent, you are only solvent because you have the knack of always putting your hand on money, and death would automatically make you insolvent. You are one of those brave, jolly fellows who live up to their income. It is true that, in deference to fashion, you are now insured, but for a trifling and inadequate sum which would not yield the hundredth part of your present income. It is true that there is your business. But your business ...
— The Plain Man and His Wife • Arnold Bennett

... Estelle's letter contains bad news. Her father is dead; the estate is wretchedly insolvent; and she is coming ...
— St. Elmo • Augusta J. Evans

... nor indeed the principal one. The Budget excited fiercer passions, and raised greater issues. It was for no mere scheme of finance that the Government had to fight, but against a violation of public faith which would have left France insolvent and creditless in the face of the Powers who still held its territory in pledge. The debt incurred by the nation since 1813 was still unfunded. That part of it which had been raised before the summer of 1814 had ...
— History of Modern Europe 1792-1878 • C. A. Fyffe

... the hunters return laden with the spoils of their winter's hunt. In the early autumn, when the Indians are about to leave for their hunting grounds, much business is done, but little in the way of barter. At that season the Indians procure their outfit for the winter. Being usually insolvent, owing to the leisurely time spent upon the tribal camping grounds, they receive the necessary supplies on credit. The amount of credit, or "advances," given to each Indian seldom exceeds one third of the value of his average annual catch. That is the white man's way of securing, in advance, ...
— The Drama of the Forests - Romance and Adventure • Arthur Heming

... 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, commonly called ...
— The Great Speeches and Orations of Daniel Webster • Daniel Webster

... in 1864, so that his notoriety was great. Schenck, while Minister in London, posed as director of a mining company, and borrowed from the promoters of the scheme the money with which he bought his shares. When the company proved insolvent, and perhaps fraudulent, Grant was forced to recall him. Critics who saw dishonesty or low ethical standards in these men were ready to see in the carnival of the Reconstruction Governments wholesale proofs ...
— The New Nation • Frederic L. Paxson

... 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 often ...
— Modern Economic Problems - Economics Vol. II • Frank Albert Fetter

... 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 shown by ...
— History of the United States, Volume 6 (of 6) • E. Benjamin Andrews

... 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 ...
— Reed Anthony, Cowman • Andy Adams

... sovereign and of the nation. But while prosperity seemed to smile with increasing brilliancy, adversity was hovering near. In 1826, Archibald Constable and Company, the famous publishers of his works, became insolvent, involving in their bankruptcy the printing firm of the Messrs Ballantyne, of which Sir Walter was a partner. The liabilities amounted to the vast sum of L102,000, for which Sir Walter was individually responsible. To a mind less balanced by native intrepidity and fortified by ...
— The Modern Scottish Minstrel , Volume I. - The Songs of Scotland of the past half century • Various

... of September, 1825, the father, after a six months' illness, died at the age of forty-eight, leaving a wife and five children and an insolvent estate. There was literally nothing left for the family; the creditors seized everything; even the small sum which Phineas had loaned his father was held to be the property of a minor, and therefore ...
— A Unique Story of a Marvellous Career. Life of Hon. Phineas T. • Joel Benton

... 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 ...
— Principles Of Political Economy • William Roscher

... children when Pompey's name was identified with national trophies. For many years Pompey had done nothing to sustain or to revive his obsolete reputation. Capua or other great towns knew him only as a great proprietor. And let us ask this one searching question—Was the poor spirit-broken insolvent, a character now so extensively prevailing in Italian society, likely to sympathize more heartily with the lordly oligarch fighting only for the exclusive privileges of his own narrow order, or with the great reformer who amongst a thousand plans ...
— The Posthumous Works of Thomas De Quincey, Vol. II (2 vols) • Thomas De Quincey

... 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 quits ...
— The Spinners • Eden Phillpotts

... infants, was become every day more frequent in the provinces, and especially in Italy. It was the effect of distress; and the distress was principally occasioned by the intolerant burden of taxes, and by the vexatious as well as cruel prosecutions of the officers of the revenue against their insolvent debtors. The less opulent or less industrious part of mankind, instead of rejoicing in an increase of family, deemed it an act of paternal tenderness to release their children from the impending miseries of a life which they themselves ...
— The History of The Decline and Fall of the Roman Empire - Volume 1 • Edward Gibbon

... Captain Wragge, with an ominous emphasis on the last word. "The Grand Difficulty of humanity from the cradle to the grave—Money." He slowly winked his green eye; sighed with deep feeling; and buried his insolvent hands in his ...
— No Name • Wilkie Collins

... What is an insolvent law? Has this state such a law? Can this state pass a bankrupt law? Can any state? Why? Is there any United States bankrupt law? Has congress ever passed such ...
— Studies in Civics • James T. McCleary

... Roman people, rendered the cultivation of grain in Italy still more unprofitable: it then became absolutely impossible for the little proprietors to maintain themselves in the neighbourhood of Rome; they became insolvent, and their patrimonies were sold to the rich. Gradually the abandonment of agriculture extended from one district to another. The true country of the Romans—central Italy—had scarcely achieved the conquest of the globe, when it found itself ...
— Blackwoods Edinburgh Magazine, Volume 59, No. 365, March, 1846 • Various

... the concern. Two years later, one of our historic panics shook the money-market, and in its course brought down Oak Farm.[203] A great accountant reported, a meeting was held at Freshfield's, the company was found hopelessly insolvent, and it was determined to wind up. The court directed a sale. In April 1849, at Birmingham, Mr. Gladstone purchased the concern on behalf of himself and his two brothers-in-law, subject to certain existing ...
— The Life of William Ewart Gladstone, Vol. 1 (of 3) - 1809-1859 • John Morley

... time 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 ...
— A Book of Remarkable Criminals • H. B. Irving

... enabled to save from the insolvent bank but a very scanty portion of that wealth in which Richard Templeton had rested so much of pride. The title extinct, the fortune gone—so does Fate laugh at our posthumous ambition! Meanwhile Mr. Douce, with considerable plunder, ...
— Alice, or The Mysteries, Complete • Edward Bulwer-Lytton

... for his wealth? What if thy rental I inform, and draw An inventory new to set thee right? Where is thy treasure? Gold says, 'Not in me!' And not in me, the diamond. Gold is poor, Indies insolvent-. Seek it in thyself, Seek in thy naked ...
— Town and Country, or, Life at Home and Abroad • John S. Adams

... every circle, married to men not by any means insolvent, who have unlimited credit, but never any money of their own. They have carriages but no car fare; fine stationery, monogrammed and blazoned with a coat of arms, but not by ...
— The Spinster Book • Myrtle Reed

... Is there not in truth a law which assimilates the criminal with the upright though insolvent debtor, and compels him to the same fate ...
— Wood Rangers - The Trappers of Sonora • Mayne Reid

... 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, ...
— Life of Johnson, Volume 6 (of 6) • James Boswell

... This was the Law of the Twelve Tables, codified in short, rude, and trenchant sentences—a legislation severe and rude like the semi-barbarous people for whom it was made. It punished the sorcerer who by magical words blasted the crop of his neighbor. It pronounced against the insolvent debtor, "If he does not pay, he shall be cited before the court; if sickness or age deter him, a horse shall be furnished him, but no litter; he may have thirty days' delay, but if he does not satisfy the debt in this time, the creditor may bind him with ...
— History Of Ancient Civilization • Charles Seignobos

... to which insolvent debtors retired, to enjoy an illegal protection, which they were there suffered to afford one another, from the ...
— The Poetical Works Of Alexander Pope, Vol. 1 • Alexander Pope et al

... previously satisfied) the court shall follow up the case, and hand over to the winner the goods of the loser; but if they find that he has not the means of paying, and the sum deficient is not less than a drachma, the insolvent person shall not have any right of going to law with any other man until he have satisfied the debt of the winning party; but other persons shall still have the right of bringing suits against him. And if any one after he is condemned refuses to acknowledge the authority which condemned ...
— Laws • Plato

... 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 the exterior wall of the church of St. ...
— Rambles in the Islands of Corsica and Sardinia - with Notices of their History, Antiquities, and Present Condition. • Thomas Forester

... early in November, 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

... one of 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

... rejected? or that the officer would do more than inquire whether the bank then paid specie, without troubling his head to ascertain whether it merely made a show of paying it, and whether it would not be insolvent in a month. Let it not be said, that if doubts were entertained of the solidity of the bank, its paper might be immediately converted into specie; for, in the first place, the bank may be some hundreds ...
— The American Quarterly Review, No. 17, March 1831 • Various

... one week. The people of this mighty city were pressed by the heaviest of afflictions. The emperor, under false expectations, was tempted into making engagements which he could not keep; the Government, at a period which otherwise and for many years to come was one of awful crisis, became partially insolvent; the shepherd was dishonoured, the flocks were ruined; and had that Persian armament which about ten years later laid siege to Constantinople then stood at her gates, the Cross would have been trampled on by ...
— The Posthumous Works of Thomas De Quincey, Vol. 1 (2 vols) • Thomas De Quincey

... filled with color and action, the background of which is the rather motley life of colonial Georgia, or rather of the time during which Georgia was being established as a colony for insolvent debtors through the efforts of General Oglethorpe. The suspicions and uneasiness existing in the midst of the heterogeneous population attracted to the new colony, the constant state of alarm from the threatened incursions by the Spanish from the South and the ...
— Ainslee's, Vol. 15, No. 6, July 1905 • Various

... 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! ...
— The Wrong Box • Robert Louis Stevenson and Lloyd Osbourne

... trade. They are an indispensable means of intermediation only in so far as pecuniary interests are to be furthered or safeguarded in the intermediation. When, as has happened with the belligerents in the present instance, the national establishment becomes substantially insolvent, it is beginning to appear that its affairs can be taken care of with less difficulty and with better effect without the use of financial expedients. Of course, it takes time to get used to doing things by the more direct method and without the accustomed circumlocution of ...
— An Inquiry Into The Nature Of Peace And The Terms Of Its Perpetuation • Thorstein Veblen

... was a sanctuary for insolvent debtors and a nest of infamy in general. It stood over against St. ...
— Lives Of The Most Remarkable Criminals Who have been Condemned and Executed for Murder, the Highway, Housebreaking, Street Robberies, Coining or other offences • Arthur L. Hayward

... acquisition of languages. Andrew had been sent to the grammar-school in our town, where he gained the rudiments of education, and a certain amount of Latin and Greek; and where he might, possibly, have become well-educated, had he not—his father dying insolvent—been taken from school, and, much to his grief, apprenticed to the trade ...
— Saved from the Sea - The Loss of the Viper, and her Crew's Saharan Adventures • W.H.G. Kingston

... the Atlantic two years afterward. 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 her ways; still nothing prospered with ...
— The Boy Scouts Book of Stories • Various

... less involved than he had expected. Isaac had escaped dying insolvent. Though a heavy mortgage delivered Rickman's in the Strand into Pilkington's possession, the City house was not only sound, as Isaac had said, but in a fairly flourishing condition. Some blind but wholly salutary instinct had made ...
— The Divine Fire • May Sinclair

... 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 from 444 to 367 ...
— Helps to Latin Translation at Sight • Edmund Luce

... insolvent traders includes an Englishman named James Bellbridge, formerly connected with a disreputable saloon in this city. Bellbridge is under suspicion of having caused the death of his wife in a fit of delirium tremens. The unfortunate ...
— The Evil Genius • Wilkie Collins

... if you can find enough efficient masons, carpenters, and plumbers, which I rather doubt. [Dropping his irony, and beginning to fall into the attitude of the priest rebuking sin] When the hotel becomes insolvent [Broadbent takes his cigar out of his mouth, a little taken aback], your English business habits will secure the thorough efficiency of the liquidation. You will reorganize the scheme efficiently; you will liquidate its second bankruptcy efficiently [Broadbent and Larry look quickly at one another; ...
— John Bull's Other Island • George Bernard Shaw

... 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 ...
— Ellen Middleton—A Tale • Georgiana Fullerton

... 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 ...
— The Poisoned Pen • Arthur B. Reeve

... reading almost entirely to the Gospels and Epistles in Griesbach's text. Moreover, on going into Alfredston one day, he was introduced to patristic literature by finding at the bookseller's some volumes of the Fathers which had been left behind by an insolvent ...
— Jude the Obscure • Thomas Hardy

... "hundred of the Lord's prophets, whom he maintained by fifty in a cave," in the days of Ahab and Jezebel, 1 Kings 18:4; which circumstance rendered it highly fit that the prophet Elisha should provide her a remedy, and enable her to redeem herself and her sons from the fear of that slavery which insolvent debtors were liable to by the law of Moses, Leviticus 25:39; Matthew 18:25; which he did accordingly, with God's help, at ...
— The Antiquities of the Jews • Flavius Josephus

... one example out of a score—he had been obliged to apply for the benefit of the Insolvent Act, in Philadelphia, owing to losses he had sustained by lending money to distressed compatriots, and eleemosynary outcasts, and had been opposed in the Court of Insolvency by Colonel John Stille, ...
— The Atlantic Monthly, Volume 20, No. 122, December, 1867 • Various

... invested with lieutenancies or great senatorial appointments, that they may gorge themselves with the provincial luxuries and wealth? No doubt you heard in what way our friend the philosopher gave the place of praetorian prefect to one who but three days before was a bankrupt,—insolvent, by G—, and a beggar. Be not you content: that same gentleman is now as rich as a prefect should be; and has been so, I tell you, any time these three days. And how, I pray you, how—how, my good sir? How but out of the ...
— The Caesars • Thomas de Quincey

... 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 ...
— Self Help • Samuel Smiles

... am sorry to report that the Trescott estate is absolutely insolvent! It lacks a hundred thousand dollars of ...
— Aladdin & Co. - A Romance of Yankee Magic • Herbert Quick

... 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 ...
— Mosaics of Grecian History • Marcius Willson and Robert Pierpont Willson

... who favour Home Rule. The party paper, once a fine property, has in their hands sunk below zero, and they built New Tipperary on land to which they had no title; so that the money was completely thrown away. Almost every Board of Guardians in the country is insolvent, except in those cases where the Government has kicked out the Poor Law Guardians elected by the Parish, and restored solvency by sending down paid men to run the concern for a couple of years. This has been done in several instances, and in every case ...
— Ireland as It Is - And as It Would be Under Home Rule • Robert John Buckley (AKA R.J.B.)

... have known 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

... 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 ...
— The Brother Clerks - A Tale of New-Orleans • Xariffa

... Ivans 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

... 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 of age 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 of his mother in Charleston. A governess ...
— Continental Monthly - Volume 1 - Issue 3 • Various

... degrading indebtedness to storekeepers and usurers which is the almost invariable lot of poor peasantries. His scheme performs an apparent miracle. A body 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 capitalisation of their honesty and industry. The way in which this is done is remarkably ingenious. The credit ...
— The Rural Life Problem of the United States - Notes of an Irish Observer • Horace Curzon Plunkett

... 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

... drab-suited companion; but, on the whole, thinks that it would be an excellent world if the common people would adopt this harmless form of religion, which tolerates other opinions and does not give any leverage to kings, insolvent aristocrats, or intriguing bishops. ...
— Hours in a Library - New Edition, with Additions. Vol. II (of 3) • Leslie Stephen

... born about 1767. He was clerk in the office of Bordin, procureur of Chatelet. In 1798 he lent one hundred crowns in gold to Monegod his life-long friend. This sum not being repaid, M. Alain found himself almost insolvent, and was obliged to take an insignificant position at the Mont-de-Piete. In addition to this he kept the books of Cesar Birotteau, the well-known perfumer. Monegod became wealthy in 1816, and he forced M. Alain to accept a hundred ...
— Repertory Of The Comedie Humaine, Complete, A — Z • Anatole Cerfberr and Jules Franois Christophe

... 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 eye, and a tooth for a tooth. But it gave ...
— The Old Roman World • John Lord

... Litteraire. But in time the glories of the exclusive and classically minded coterie faded, its leading spirits died or disappeared, the superior monthly organ—torch for all the country—burnt itself out, lost subscribers—in fact the whole business was declared insolvent, and the nervous, gifted, but too sanguine editor-in-chief (there were three editors), M. Anselme-Ferdinande Placide De Lery, avocat, and the devoted, conscientious, but unprogressive secretary, old Amedee Laframboise, scientific grubber and admirable violinist, had to get out of Rue St. ...
— Ringfield - A Novel • Susie Frances Harrison

... "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 were thrice ...
— Poems - Vol. IV • Hattie Howard

... as member of the Volksraad, who has never been declared guilty of crime by any jury, nor been declared bankrupt or insolvent, his residence being within the State, has reached an age of at least 25, who also possesses fixed property of at ...
— Selected Official Documents of the South African Republic and Great Britain • Various

... by a rope tied about his neck. Inquiring the crime of the culprit, she was informed that he owed a hundred deenars, which being unable to pay, he was sentenced to be hung, such being the punishment of insolvent debtors in that city. The cauzee's wife, moved with compassion, immediately tendered the sum, being nearly all she had, when the young man was released, and falling upon his knees before her, vowed to dedicate his life to her service. She related to him her intention of making the pilgrimage ...
— The Arabian Nights Entertainments Complete • Anonymous

... 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, ...
— A Half-Century of Conflict, Volume II • Francis Parkman

... and I strongly suspect that the cruel and wicked persecution of the Jews, and the cancelling of all debts due to them by the landlords and the farmers, was in some measure owing to the general bankruptcy which the succession of bad seasons had brought about. Men found themselves hopelessly insolvent, and there was no other way of cancelling their obligations than by getting rid of their creditors. So when the king announced that all the Jews should be transported out of the realm, you may be sure that there were very few Christians who were sorry for them. There had been a time when the ...
— The Coming of the Friars • Augustus Jessopp

... man of whose name I had never heard had been killed by a cow in Melbourne, and that under his will a legacy of three thousand pounds fell into the estate of a distant relative of my own who had died peacefully and utterly insolvent eighteen months previously, leaving me his sole heir and representative, and I put the revolver back ...
— Sketches in Lavender, Blue and Green • Jerome K. Jerome

... it is said that we advocates get our money for nothing," he remarked, after a pause. "I have freed one insolvent debtor from a totally false charge, and now they all flock to me. Yet every such case costs enormous labour. Why, don't we, too, 'lose bits of flesh in the inkstand?' as some writer or other has said. Well, as to your case, or, ...
— Resurrection • Count Leo Tolstoy

... months, and ware-houses provided by Government sufficient to receive the goods offered in deposit for security and for debenture, and if the right of the United States to a priority of payment out of the estates of its insolvent debtors were more effectually secured, this evil would in a great measure be obviated. An authority to construct such houses is therefore, with the proposed alteration of the credits, recommended ...
— Complete State of the Union Addresses from 1790 to the Present • Various

... 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 brought, ...
— The Letters of "Norah" on her Tour Through Ireland • Margaret Dixon McDougall

... society, had led him into many scrapes, out of which his father's money had one way or another released him; but that source of safety had now failed. Old Rollet having been too busy with the affairs of the nation to attend to his business, had died insolvent, leaving his son with nothing but his own wits to help him out of future difficulties, and it was not long before their exercise was called for. Claudine Rollet, his sister, who was a very pretty girl, had attracted the attention of Mademoiselle de Bellefonds' brother, ...
— Harper's New Monthly Magazine, Volume 1, No. 3, August, 1850. • Various

... Irish linnen, and French petenlairs! If for want of good custom, or losses in 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 up ...
— Sganarelle - or The Self-Deceived Husband • Moliere

... 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 ...
— My Schools and Schoolmasters - or The Story of my Education. • Hugh Miller

... have been told, a process server in one of the poorest parishes of the Rouergue. He used to engross on stamped paper in a primitive spelling. With his well-filled pen case and ink horn, he went drawing out deeds up hill and down dale, from one insolvent wretch to another more insolvent still. Amid his atmosphere of pettifoggery, this rudimentary scholar, waging battle on life's acerbities, certainly paid no attention to the insect; at most, if he met it, he would crush it under foot. The unknown animal, suspected of evil doing, ...
— The Life of the Fly - With Which are Interspersed Some Chapters of Autobiography • J. Henri Fabre

... to his circumstances. The services 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, he will find that they are disposed to deal sympathetically ...
— The Armed Forces Officer - Department of the Army Pamphlet 600-2 • U. S. Department of Defense

... is 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"; ...
— Frenzied Finance - Vol. 1: The Crime of Amalgamated • Thomas W. Lawson

... know, Julia, that when your father started in life he had not much capital, and began business in a small way. But he did very well until there came a time of commercial depression, and a man who owed him a considerable sum of money died insolvent. Then your father found that he was so much embarrassed that he thought the wisest and most honourable course would be to divide what he had amongst his creditors at once. He gave up everything to them, and was hesitating what he ...
— Ruth Arnold - or, the Country Cousin • Lucy Byerley

... 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 ...
— The Fatal Boots • William Makepeace Thackeray

... Putney, "that 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 ...
— The Quality of Mercy • W. D. Howells

... richer sort of prisoners in the Fleet and King's Bench, to the poorer, for their share of a room. When prisons are very full, which is too often the case, particularly on the eve of an insolvent act, two or three persons are obliged to sleep in a room. A prisoner who can pay for being alone, chuses two poor chums, who for a stipulated price, called chummage, give up their share of the room, and sleep on the stairs, or, as the term is, ...
— 1811 Dictionary of the Vulgar Tongue • Captain Grose et al.

... 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 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 ever being aware of his true condition. And even when his insolvency becomes ...
— Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 - "Baconthorpe" to "Bankruptcy" • Various

... knows Paris as I do, knows that M. Louvier can put, and has put, a great deal of money into M. Gandrin's pocket. The purchaser of your wood does not pay more than his deposit, and has just left the country insolvent. Your purchaser, M. Collot, was an adventurous speculator; he would have bought anything at any price, provided he had time to pay; if his speculations had been lucky he would have paid. M. Louvier knew, ...
— The Parisians, Complete • Edward Bulwer-Lytton

... 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 they ...
— En Route • J.-K. (Joris-Karl) Huysmans

... 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 ...
— Graham's Magazine, Vol. XXXII No. 4, April 1848 • Various

... the bill, you having no money, and 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 ...
— Shakespeare's Insomnia, And the Causes Thereof • Franklin H. Head

... noisy society of the club to spend the remainder of the evenings in conversation with the intelligent host. After conducting the business of hotel-keeper in Glasgow, during a period of twenty-one years, Macindoe became insolvent, and was necessitated to abandon the concern. He returned to Paisley and resumed the loom, at the same time adding to his finances by keeping a small change-house, and taking part as an instrumental musician at the local concerts. He excelled in the use of the violin. Ingenious as a mechanic, and ...
— The Modern Scottish Minstrel, Volume II. - The Songs of Scotland of the past half century • Various

... causes of said difficulties were bad trade, unfair competition, and price-cutting at home and abroad, especially in Germany, and the modern spirit of unrest among the working-classes making it impossible for an employer to be master on his own works. I was not insolvent, but I needed capital, the life-blood of industry. In justice to myself I ought to explain that my visit to South Africa was very carefully planned and thought out. I had a good reason to believe that a lot of business in door-furniture could be done there, and that I could obtain some ...
— The Price of Love • Arnold Bennett

... there is 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. But in the ordinary course of practise perhaps it is better ...
— The Young Man and the World • Albert J. Beveridge

... 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 Holsten's discoveries. ...
— The World Set Free • Herbert George Wells

... overhanging the place: as at Whydah, its glories have departed, nor shall they ever return. The jollity, the recklessness, the gold ounces thrown in handfuls upon the monte-table, are things of the past: several houses are said to be insolvent, and the dearth of cloth is causing actual misery. Palm and ground-nut oil enable the agents only to buy provisions; the trade is capable of infinite expansion, but it requires time—as yet it supports only the two ...
— Two Trips to Gorilla Land and the Cataracts of the Congo Volume 2 • Richard F. Burton

... It consists to-day of a few remnants of a past time, and a number of people eager to make fortunes, industrial Micawbers and speculators of whom one may amass a fortune, while ninety-nine become insolvent, and more than half of the ninety-nine live by ...
— The Condition of the Working-Class in England in 1844 - with a Preface written in 1892 • Frederick Engels

... are rich, and want to enjoy the exalted luxury of relieving distress, go to the Bankrupt Court, to the Court for Insolvent Debtors, to the gaols, the work-houses, and the hospitals. If you are rich and childless, and want heirs, look to the same assemblages of misfortune; for all are not culpable who appear in the Bankrupt and Insolvent Lists; nor all criminal ...
— The Mirror of Literature, Amusement, and Instruction - Volume 12, No. 341, Saturday, November 15, 1828. • Various

... the schedule of taxation of real and personal property, fix the quota of each tax-payer, adjust assessments, verify the registers and the collector's receipts, audit his accounts, discharge the insolvent, answer for returns and authorize prosecutions.[2319] Private purses are, in this way, at their mercy, and they take from them whatever they determine to belong to the public.—With the purse and the sword in their hands they lack ...
— The Origins of Contemporary France, Volume 2 (of 6) - The French Revolution, Volume 1 (of 3) • Hippolyte A. Taine

... a sense of public duty would again be the attributes of royalty. In this session, too, it conferred a boon upon Ireland, which earned little gratitude, by the consolidation of the British and Irish exchequers. Ireland was virtually insolvent before this measure was passed. With the union of the exchequers the union of the countries was completed. The administration, discredited by its financial policy, was strengthened in June by the ...
— The Political History of England - Vol XI - From Addington's Administration to the close of William - IV.'s Reign (1801-1837) • George Brodrick

... 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 ...
— The Unexpurgated Case Against Woman Suffrage • Almroth E. Wright

... Generally, a broker has not authority to receive payment, but in trades in which it is customary for him to do so, if the buyer pays the seller's broker, and is then sued by the seller for the price by reason of the broker having become insolvent or absconded, he may set up the payment to the broker as a defence to the action by the broker's principal. Brokers may render themselves liable for damages in tort for the conversion of the goods at the suit of the true owner if they negotiate a sale of the goods ...
— Encyclopaedia Britannica, 11th Edition, Volume 4, Part 3 - "Brescia" to "Bulgaria" • Various

... 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 ...
— History of Friedrich II. of Prussia, Vol. XII. (of XXI.) • Thomas Carlyle

... his pursuit is really legal. This is logic. G.A.S.] might have provoked a less fiery people than the Southrons. At the inception of the struggle a large amount of Southern indebtedness was held by the people of the North. To force payment from the generous but insolvent debtor—to obtain liquidation from the Southern planter—was really the soulless and mercenary object of the craven Northerners. Let the common people of England look to this. Let the improvident literary hack, the starved impecunious Grub Street debtor, the newspaper frequenter ...
— The Luck of Roaring Camp and Other Tales • Bret Harte

... whose whole support has been 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

... immensely popular for the first year or 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 to petty princes, ...
— Phantom Fortune, A Novel • M. E. Braddon

... injunctions of the charter, reflecting the highest credit on the Commissioners, and bringing timely aid to an embarrassed community.' In little more than two years, however, the Mississippi Bank became totally insolvent, having lost the entire five millions invested in it by the State. Immediately on this having transpired, the Governor of the State sent a message to the Legislature recommending them to repudiate (this was the first ...
— The Continental Monthly, Vol. 4, No. 2, August, 1863 - Devoted to Literature and National Policy • Various

... education, and of as old a family as any in the county of Somerset. He had a Cornish pedigree which carried the Pendennises back to the time of the Druids. He had had a piece of University education, and might have pursued that career with honour, but in his second year at Oxford his father died insolvent, and he was obliged to betake himself to the trade which he always detested. For some time he had a hard struggle with poverty, but his manners were so gentleman-like and soothing that he was called in to prescribe for some of ...
— Boys and girls from Thackeray • Kate Dickinson Sweetser

... in a blessed vision, beheld an enormous bill, paid without difficulty or question. Fifty guineas here or there did not signify to their client, whilst to us—well, really, let a lawyer be as kind and disinterested as he will, fifty guineas disbursed upon the suit of an utterly insolvent, or persistently insolvent, client means something eminently ...
— The Uninhabited House • Mrs. J. H. Riddell

... talent, so common among the financially insolvent, for living lavishly on an invisible income. But, plan as he would, he had never been able to increase that income through confidential gossip with men like Quarrier or Belwether, or even Ferrall. What information his pretty wife might have extracted he did not know; her income ...
— The Fighting Chance • Robert W. Chambers

... at this period to be "altogether insolvent." This is the reason probably, if he was not in the mean time satisfied that his claim was untenable, that his case does not appear to have been brought under the notice of parliament again, and that he did not persist in his attempts to regain possession ...
— The Works of the Rev. Hugh Binning • Hugh Binning

... 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 whipped. At Hartford, in 1761, David ...
— History of the United States, Vol. I (of VI) • E. Benjamin Andrews

... transparent flatteries, have marked me for their prey from the cradle—I don't suppose that cradle was paid for, by the bye. I wonder whether there is an avenging deity whose special province it is to pursue the insolvent—a Nemesis of ...
— Birds of Prey • M. E. Braddon

... 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 ...
— Great Men and Famous Women, Vol. 7 of 8 • Charles F. (Charles Francis) Horne

... 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 ...
— Hubert's Wife - A Story for You • Minnie Mary Lee

... 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

... not break off kind. Let us mock other people, and let other people mock us; it is well done on both sides.—[Poor little De Staal: to what a posture have things come with you, in that fast-rotting Epoch, of Hypocrisies becoming all insolvent!] ...
— History of Friedrich II. of Prussia, Vol. XVI. (of XXI.) - Frederick The Great—The Ten Years of Peace.—1746-1756. • Thomas Carlyle

... that will pay a good deal better than hunting up the poor widows of insolvent merchants," said Mr. Jones to himself, as he walked the length of his store once or twice, rubbing his hands every now and then with irrepressible glee. "If I'd been led off by Smith on that fool's errand, just see what I would have lost. Operations ...
— Finger Posts on the Way of Life • T. S. Arthur

... stated the unavoidable misfortunes that had crushed him down;—or the delicate and prettily dressed lady, who had been bred in affluence, but was suddenly thrown upon the perilous charities of the world by the death of an indulgent, but secretly insolvent father, or the commercial catastrophe and simultaneous suicide of the best of husbands; or the gifted, but unsuccessful author, appealing to my fraternal sympathies, generously rejoicing in some small prosperities which ...
— Our Old Home - A Series of English Sketches • Nathaniel Hawthorne

... to be on less than cordial terms with it, and for a time at least his brother sovereigns must continue to be at enmity. The negotiations for the recovery of the French princes out of their Spanish prison, were on the point of conclusion; and, as Francis was insolvent, Henry had consented to become security for the money demanded for their deliverance. Beda had, moreover, injured his cause by attacking the Gallican liberties; and as this was a point on which the government was naturally sensitive, ...
— The Reign of Henry the Eighth, Volume 1 (of 3) • James Anthony Froude

... happens, because of general depression in trade throughout the country, on account of losses, or for other reasons, that business men become heavily involved in debt. They are said to be insolvent. Now, it is but just that such property as they have should be divided in some equitable way among the creditors. A bankrupt law secures such a division, and the debtor is, at the same time, freed from all legal obligation to pay the debts which cannot be met in this way. The ...
— Our Government: Local, State, and National: Idaho Edition • J.A. James

... merely the city dweller who felt the pinch of poverty. Thousands of Western settlers who had purchased land under the Act of 1800, which permitted deferred payments, found themselves insolvent. More than $21,000,000, one fifth of the national debt, remained unpaid in the year 1820. To the importunities of these debtors Congress had yielded from time to time, but it was not until 1821 that it passed the first general relief act. Those who had not completed their payments within the ...
— Union and Democracy • Allen Johnson



Words linked to "Insolvent" :   nonstarter, loser, failure, insolvency



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