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Bankruptcy   /bˈæŋkrəpsi/  /bˈæŋkrəptsi/   Listen
Bankruptcy

noun
(pl. bankruptcies)
1.
A state of complete lack of some abstract property.  "Moral bankruptcy" , "Intellectual bankruptcy"
2.
Inability to discharge all your debts as they come due.  Synonym: failure.  "Fraudulent loans led to the failure of many banks"
3.
A legal process intended to insure equality among the creditors of a corporation declared to be insolvent.






WordNet 3.0 © 2010 Princeton University








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"Bankruptcy" Quotes from Famous Books



... Orgreave's got too many ideas—that's what's the matter with him. He'll idea me into the bankruptcy court if he ...
— Clayhanger • Arnold Bennett

... a similar dilemma? How many houses and husbands are rendered uncomfortable by the constant dissatisfaction of a wife with present comforts and present provisions! How many bright prospects for business have ended in bankruptcy and ruin in order to satisfy this secret hankering after fashionable superfluities! Could the real cause of many failures be known, it would be found to result from useless expenditures at home—expenses to answer the demands of fashion and "what ...
— Choice Readings for the Home Circle • Anonymous

... Berlin Conference had recently added the province of Thessaly. Yet the major part of the Greek race still awaited liberation from the Turkish yoke, and regarded the national kingdom, chronically incapacitated by the twin plagues of brigandage and bankruptcy, with increasing disillusionment. The kingdom of Hellas seemed to have ...
— The Balkans - A History Of Bulgaria—Serbia—Greece—Rumania—Turkey • Nevill Forbes, Arnold J. Toynbee, D. Mitrany, D.G. Hogarth

... "that's just what they're doing with it. They have only the income now, but this Fall, when they're twenty-one, they'll come into possession of the principal. I prophesy bankruptcy in five years." ...
— Old Rose and Silver • Myrtle Reed

... knew, and Milton was too proud to tell. The brown thrush, rival of the lark and mockingbird, seldom seeks the society of the blue jay. But it did this time. The Powells were a roaring, riotous, roystering, fox-hunting, genteel, but reduced family, on the eve of bankruptcy, ...
— Little Journeys to the Homes of the Great, Volume 5 (of 14) • Elbert Hubbard

... in a merchantman, or a share therein, transmitted in consequence of the authenticated death, bankruptcy, or insolvency ...
— The Sailor's Word-Book • William Henry Smyth

... London sometimes. Last year he passed, with much discredit, through the Bankruptcy Court. He has been a Director of countless Companies, for the stock of fools seems to be inexhaustible. There can only be one end for such a man as SHEEF. The cool, callous, and calculating knave may get clear through to the end; but SHEEF ...
— Punch, Or The London Charivari, Vol. 102, February 6, 1892 • Various

... of the bank contract. Books were opened at the bank to take in a subscription for the support of public credit; and considerable sums of money were brought in. By this expedient the stock was raised at first, and those who contrived it seized the opportunity to realize. But the bankruptcy of goldsmiths and the sword-blade company, from the fall of South-Sea stock, occasioned such a run upon the bank, that the money was paid away faster than it could be received from the subscription. Then the South-Sea stock sunk again; and the directors of the bank, ...
— The History of England in Three Volumes, Vol.II. - From William and Mary to George II. • Tobias Smollett

... and his ideal of life only brought him closer home to all its duties. Sir Walter Scott's good sense, as Lord Cockburn said, was a more wonderful gift than his genius. When the mistake of a trade connection with James Ballantyne brought ruin to him in 1826, he repudiated bankruptcy, took on himself the burden of a debt of L130,000, and sacrificed his life to the successful endeavour to pay off all. What was left unpaid at his death was cleared afterwards by the success of his annotated edition of ...
— Letters On Demonology And Witchcraft • Sir Walter Scott

... affirm, with respect to any form whatever of government, that we shall never adopt it; but I own that I see no prospect of a French republic within any assignable period. We are, indeed, less opposed to a republic now than we were in 1848. We have found that it does not imply war, or bankruptcy, or tyranny; but we still feel that it is not the government that suits us. This was apparent from the beginning. Louis Napoleon had the merit, or the luck, to discover, what few suspected, the latent Bonapartism of the nation. The 10th of December showed that ...
— Correspondence & Conversations of Alexis de Tocqueville with Nassau William Senior from 1834 to 1859, Vol. 2 • Alexis de Tocqueville

... folly. That, in addition to this, they had just discovered that he had also been using the credit of the company for his own individual expenses at the settlement while they were working on his d—d fool shaft—all of which had brought them to the verge of bankruptcy. That, as a result, they were forced now to demand his resignation—not only on their general account, but for Captain Jim's sake—believing firmly, as they did, that he had been as grossly deceived in his friendship for Lacy Bassett as THEY were in ...
— The Heritage of Dedlow Marsh and Other Tales • Bret Harte

... both for the Scottish and English markets. During several years he continued to prosper; but a sudden depression in the market, and the absconding of a party who was indebted to him, at length exhausted his finances, and involved him in bankruptcy. The future poet was then in his sixth year. In this destitute condition, the family experienced the friendship and assistance of Mr Brydon, tenant of the neighbouring farm of Crosslee, who, leasing Ettrick-house, employed Robert Hogg as his ...
— The Modern Scottish Minstrel, Volume II. - The Songs of Scotland of the past half century • Various

... million of money; and I had a trifle in my pocket. It was clear that this trifle could never find its way to the right owner. The question was, whether I should keep it, and live like a gentleman; or hand it over to lawyers and commissioners of bankruptcy, and die like a dog on a dunghill. If I could have thought that the said lawyers, &c. had a better title to it than myself, I might have hesitated; but, as such title was not apparent to my satisfaction, I decided the question ...
— The Mirror of Literature, Amusement, and Instruction - Vol. 17, No. 483., Saturday, April 2, 1831 • Various

... of hydraulics; the mills he built or invented are still good;—the treatise he wrote on sugar- making remained for a hundred and fifty years the best of its kind, and the manual of French planters. In less than two years Labat had not only rescued the plantation from bankruptcy, but had made it rich; and if the monks deemed him veritably inspired, the test of time throws no ridicule on their astonishment at the capacities of the man. ... Even now the advice he formulated as far back as ...
— Two Years in the French West Indies • Lafcadio Hearn

... pennons, and other metallic splendors generally wrought for them in England. "Unexampled prosperity" in the manufacture way not unknown there, it would seem! But co-existing with such spiritual bankruptcy as was also unexampled, one would hope. Read Lupus (Wulfstan), Archbishop of York's amazing Sermon on the subject, [8] addressed to contemporary audiences; setting forth such a state of things,—sons ...
— Early Kings of Norway • Thomas Carlyle

... developed between the Rhodes and Barnato groups. Kimberley alternated between boom and bankruptcy. The genius of diamond mining lies in tempering output to demand. Rhodes realized that indiscriminate production would ruin the market, so he framed up the deal that made him the diamond dictator. He made Barnato an offer which was refused. With the ...
— An African Adventure • Isaac F. Marcosson

... Mr. T. M. Healy, the whole movement was due almost entirely to the "bankruptcy of Redmondism." No doubt the justice of the accusation may be questioned, though I hold no brief for any relative, but there can be no doubt that it was the Sinn Fein attitude, and we want to see the Sinn Feiners as they saw themselves and as they ...
— Six days of the Irish Republic - A Narrative and Critical Account of the Latest Phase of Irish Politics • Louis Redmond-Howard

... hostile; a terrible drought shrunk up all the streams until they could not turn the grist-mills, while from the same cause the crops failed almost completely. A hard winter followed, and many cattle and hogs died; so that the well-to-do were brought to the verge of bankruptcy and the poor suffered extreme privations, being forced to go fifty or sixty miles to purchase small quantities of meal and grain at exorbitant prices. [Footnote: Clay MSS. Letters of Jesse Benton, 1782 and '83. ...
— The Winning of the West, Volume Two - From the Alleghanies to the Mississippi, 1777-1783 • Theodore Roosevelt

... partly closed and heavy eyes; "I am further informed," he said, that at twenty-four you have already managed to attain bankruptcy." ...
— Ailsa Paige • Robert W. Chambers

... was now over, our company on the point of dissolution, and I myself free from my appointment. But meanwhile the unhappy director of our theatre had passed from a state of chronic to one of acute bankruptcy. He paid with paper money, that is to say, with whole sheets of box-tickets for performances which he guaranteed should take place. By dint of great craft Minna managed to extract some profit even from these singular treasury-bonds. She was ...
— My Life, Volume I • Richard Wagner

... fools, for in that case they will turn it into a desert! And so I am ruined! Expelled from the Exchange with all the sequelae of bankruptcy,—shame, beggary! I ...
— Mercadet - A Comedy In Three Acts • Honore De Balzac

... them of his intention. He found them in great trouble, his father in debt and needing help; and without hesitation he placed his small savings at his disposal, paid the most pressing of the debts, and made arrangements for paying off the rest. His father was thus saved from bankruptcy by his son's devotion; but the action was characteristic of Peter Cooper, both in its unselfishness, and as indicative of his business integrity. He would never be in debt himself, and he was equally resolved to keep those belonging to him as free as himself. ...
— Great Men and Famous Women. Vol. 6 of 8 • Various

... Nathaniel Deane, who, she said, sent them annually a sum of money varying from five to fifteen hundred dollars. This was quite a consideration for one whose finances were low, and whose father, while threatening to disinherit him, was himself on the verge of bankruptcy, and thinking the annual remittance worth securing, even if the will should fail, Stephen found an opportunity to go down on his knees before her after the most approved fashion, telling her that "she alone could make him happy, and that without ...
— Dora Deane • Mary J. Holmes

... the Representative of Royalty have heretofore been regarded in this province as sacred and inviolable; but the reliance of the Canadian electors upon those declarations from the lips of Sir Francis Head has cost them bloodshed, bankruptcy, and misery.... The electors will employ the elective franchise to redress their accumulated wrongs to the ...
— The Story of My Life - Being Reminiscences of Sixty Years' Public Service in Canada • Egerton Ryerson

... Abbe Rose, in that deserted nook, at the very foot of the basilica. "Charity! charity!" he replied in passionate accents; "why, it is its nothingness and bankruptcy that have killed the priest there was in me. How can you believe that benevolence is sufficient, when you have spent your whole life in practising it without any other result than that of seeing want perpetuated and even increased, ...
— The Three Cities Trilogy, Complete - Lourdes, Rome and Paris • Emile Zola

... in his mortification, and for some minutes he stood looking at a bottle of laudanum, wishing he had the courage to have done with life. Plainly he could not live very long unless things improved. His ready money was coming to an end, rents and taxes loomed before him. An awful thought of bankruptcy haunted him in the early ...
— The House of Cobwebs and Other Stories • George Gissing

... brought the richest German kingdom to the verge of state bankruptcy died February 2, 1765, four hundred of Augustus's infamous medals were found hidden in her favorite armchair. She paid three or four times their ...
— Secret Memoirs: The Story of Louise, Crown Princess • Henry W. Fischer

... contemplate they will ever be relieved from." France also was "considerably enfeebled and languishes under a heavy load of debt." He argued that by funding the debt in America "the same effect must be produced that has taken place in other nations; it must either bring on national bankruptcy, or annihilate her ...
— Washington and His Colleagues • Henry Jones Ford

... circumstances kicking the car has never been found by the best experts to be effective. No one, therefore, does any good to our age merely by asking questions—unless he can answer the questions. Asking questions is already the fashionable and aristocratic sport which has brought most of us into the bankruptcy court. The note of our age is a note of interrogation. And the final point is so plain; no sceptical philosopher can ask any questions that may not equally be asked by a tired child on a hot afternoon. "Am I a boy?—Why am I a boy?—Why aren't I a chair?—What ...
— George Bernard Shaw • Gilbert K. Chesterton

... mill was the property of Doyle. He bought it very cheap when the previous owner, a son of the last miller, lapsed into bankruptcy. He saw no immediate prospect of making money out of it, but he was one of those men—they generally end in being moderately rich—who believe that all real property will in the end acquire a value, if only it is possessed with sufficient ...
— General John Regan - 1913 • George A. Birmingham

... wife, "I'm doing this to please you, but after I pay the check it's me to file a petition in bankruptcy." ...
— You Should Worry Says John Henry • George V. Hobart

... and iron resources are very great, and must figure in the payment of a national debt that is near the limit of bankruptcy. The state, however, is entering a ...
— Commercial Geography - A Book for High Schools, Commercial Courses, and Business Colleges • Jacques W. Redway

... Mr. Aylett. "Allow me to express the opinion that the adage embodying that idea is the refuge of cowards and fools. No matter how grievous a bankrupt a man may be financially in spirit, he is craven or a blockhead to shrink the investigation of his accounts. Which allusion to bankruptcy brings me to the recital of a choicely offensive bit of scandal I heard to-day. It is seldom that I give heed to the like, but the delicious rottenness revealed by this tale enforced my hearing, and fixed the details in my mind. I could not but think, as I rode home, of the accessories which would ...
— At Last • Marion Harland

... charming quality. He who is grown rich without it, in safe and sober dulness, shuns it as a disease, and looks upon poverty as its invariable concomitant. The moralist declaims against it as the source of irregularity, and the frugal citizen dreads it more than bankruptcy itself, for he considers it as the parent of extravagance and beggary. The Cynic will ask of what use it is? Of very little perhaps: no more is a flower garden, and yet it is allowed as an object of innocent amusement and delightful recreation. A woman, ...
— Essays on Various Subjects - Principally Designed for Young Ladies • Hannah More

... his thirty-one lean and lonely years Link had never before fallen in love. At the age when most youths are sighing over some wonder girl, he had been too busy fighting off bankruptcy and starvation to have time ...
— His Dog • Albert Payson Terhune

... reasonable. It is not the high price of land that has caused the prosperity of South Australia. Every one who is well informed on the subject, is perfectly aware, that in 1841 and 1842, before the discovery of copper-mines, South Australia was universally in a state of bankruptcy. Never was a country so thoroughly smitten with ruin. Almost all the original settlers sank in the general prostration of the settlement, and never again held up their heads. The inhabitants slunk away from the colony in numbers; and property even in Adelaide was almost worthless. The ...
— The Bushman - Life in a New Country • Edward Wilson Landor

... case, I shall prove to you that I am ready to help my fellow-man. I shall buy of Henrique Bleyle a complete new outfit from head to foot, and hope thereby to save him from bankruptcy." ...
— The German Classics of the Nineteenth and Twentieth Centuries - Masterpieces of German Literature Vol. 19 • Various

... more particularly of the financial troubles that threatened the very existence of the Government itself. He said that the price of every thing had so risen in comparison with the depreciated money, that there was danger of national bankruptcy, and he appealed to me, as a soldier and patriot, to hurry up matters so as to bring the war to ...
— The Memoirs of General W. T. Sherman, Complete • William T. Sherman

... ten years ago turned farmer, a good proportion of the reading public supposed that his experiment would combine the defects of gentleman- and poet-farming, and that he would escape the bankruptcy of Shenstone only by possessing the purse of Astor. That a man of refined sentiments, elegant tastes, wide cultivation, and humane and tender genius, given, moreover, to indulgences in "Reveries" and the "Dream-Life," should succeed in the ...
— The Atlantic Monthly, Volume 13, No. 75, January, 1864 • Various

... it him. I would let him have money to set up again as soon as he had passed the Bankruptcy Court; if he never passed, I might, in some cases, make him an allowance; but I would always keep my ...
— Ruth • Elizabeth Cleghorn Gaskell

... bankruptcy of the didactic poem is Joseph Warton's most remarkable innovation. The lawlessness of the Romantic Movement, or rather its instinct for insisting that genius is a law unto itself, is first foreshadowed ...
— Some Diversions of a Man of Letters • Edmund William Gosse

... times somewhat excessive egoism, display profound alarm at this new power which they see growing; and to combat the disorder in men's minds they are addressing despairing appeals to those moral forces of the Church for which they formerly professed so much disdain. They talk to us of the bankruptcy of science, go back in penitence to Rome, and remind us of the teachings of revealed truth. These new converts forget that it is too late. Had they been really touched by grace, a like operation could not have the same influence on minds less concerned with the preoccupations ...
— The Crowd • Gustave le Bon

... left out. Officers, loaded with debts, but who can hold out an old title of nobility; roues, broken down with debauchery, who seek to restore their ruined health in the haven of wedlock, and need a nurse; manufacturers, merchants, bankers, who face bankruptcy, not infrequently the penitentiary also, and wish to be saved; finally, all those who are after money and wealth, or a larger quantity thereof, government office-holders among them, with prospects of promotion, but meanwhile in financial straits;—all turn up as customers at these ...
— Woman under socialism • August Bebel

... generations; whereas among the peoples of Christendom there has arisen out of their contentious past a preconception to the effect that this human duty to mankind is of the nature of a debt, which can be cancelled by bankruptcy proceedings, so that the man who unprofitably dies fighting for the cause has thereby constructively ...
— An Inquiry Into The Nature Of Peace And The Terms Of Its Perpetuation • Thorstein Veblen

... the play, when Shylock is bid forth to Bassanio's supper, and Launcelot urges him to go, because "my young master doth expect your reproach," Shylock replies, "So do I his." Of course he expects that reproach through the bankruptcy of Antonio. This would seem to infer that Shylock has some hand in getting up the reports of Antonio's "losses at sea"; which reports, at least some of them, turn out false in the end. Further than this, the Poet leaves us in the dark as ...
— Shakespeare: His Life, Art, And Characters, Volume I. • H. N. Hudson

... good mark, in Ernst THE PIOUS of Saxe-Gotha's time—took pains about his education. But Nature's gifts have not prospered with him: how could they, in that hackney-coach way of life? Considerable gifts, we say; shrunk into a strange bankruptcy in the development of them. A stiff-backed, close-fisted old gentleman, with mill-hopper chin,—with puckery much-inquiring eyes, which have never discovered any noble path for him in this world. He is a strictly orthodox Protestant; zealous about external points of moral conduct; yet ...
— History Of Friedrich II. of Prussia, Volume V. (of XXI.) • Thomas Carlyle

... of action. But the constitution of any political being, as well as that of any physical being, ought to be known, before one can venture to say what is fit for its conservation, or what is the proper means of its power. The poison of other states is the food of the new republic. That bankruptcy, the very apprehension of which is one of the causes assigned for the fall of the monarchy, was the capital on which she opened her traffic with ...
— Selections from the Speeches and Writings of Edmund Burke. • Edmund Burke

... phase and aspect of our present life, and exposes the impoverishing absence of the Spirit of God. Its protest is reinforced by widespread social restlessness and the feeling that the existing state of things has gone into moral bankruptcy. ...
— Some Christian Convictions - A Practical Restatement in Terms of Present-Day Thinking • Henry Sloane Coffin

... what purpose we know not. Now, on the late Sir William Siemens's plan, this reckless expenditure would cease; the solar incomings and outgoings would be regulated on approved economic principles, and the inevitable final bankruptcy would be staved ...
— A Popular History of Astronomy During the Nineteenth Century - Fourth Edition • Agnes M. (Agnes Mary) Clerke

... Popery. Jesuits seemed to abound. Roman Catholics asserted themselves, the laws being suspended. An army was collected at Blackheath. The Treasury was closed. Charles had been badly bled by the goldsmiths or bankers, who had charged him L12 per cent.; but in commercial centres Acts of Bankruptcy are seldom popular, and though the bankers were compelled to be content with L6 per cent., the closing of the Treasury ...
— Andrew Marvell • Augustine Birrell

... instrument. On the other, Congress was clothed with authority to lay uniform taxes and imposts, to provide for the common defence, to borrow money on the credit of the nation, to regulate foreign commerce, to make naturalization and bankruptcy laws, to coin money, to establish post-offices and roads, to declare war and raise armies and a navy, to constitute courts, to organize and call out the militia, and to "execute the laws of the Union, suppress insurrection, and ...
— The Nation in a Nutshell • George Makepeace Towle

... caused the tobacco economy to collapse. The crisis first appeared when several leading Glasgow merchants failed. They were unable to pay their own creditors and unable to call in money from Virginia. Several large London firms followed the Scots into bankruptcy, and a general retrenchment of tobacco credit followed ...
— The Road to Independence: Virginia 1763-1783 • Virginia State Dept. of Education

... had run its course, and had involved the unhappy country in chaos, bankruptcy, revolution, and bloodshed. Lord Clare—a late and reluctant convert to the policy of the Union—said in the Irish House ...
— Against Home Rule (1912) - The Case for the Union • Various

... original misbehaviour of that company in disbelieving their policy-holders when they declared that they were not incendiaries. Thereupon, after a number of applications by counsel to a number of courts, the Insurance Company got itself inserted in the Bankruptcy proceedings, but not before an enterprising newspaper had taken upon itself to assert that there was an element of truth in the contention of the social reformer. And then it was that the Contempt proceedings began, and were fought strenuously stage by stage, each ...
— Punch, or the London Charivari, Vol. 146, April 15, 1914 • Various

... the attention of those scholars, writers, and publicists that have declared bankruptcy against the methods and results of Comparative Mythology to the present attempt to establish an Indo-European naturalistic myth. I would ask them to consider, in the light of the Veda, that it is probable that the early ...
— Cerberus, The Dog of Hades - The History of an Idea • Maurice Bloomfield

... profligacy was almost certain to involve the Deacon in financial ruin. It was a fact much discussed in inner business circles at Dobbinsville that Mr. Gramps' farm was heavily mortgaged, and that unless some crook or turn unforeseen favored him he would soon face bankruptcy. He had been unable to pay the interest on the notes he had been obliged to obtain in order to keep his son from ...
— The Deacon of Dobbinsville - A Story Based on Actual Happenings • John A. Morrison

... committee on finances is Cambon, a merchant from Montpellier, a good accountant, who, at a later period, is to simplify accounting and regulate the Grand Livre of the public debt, which means public bankruptcy. Mean-while, he hastens this on with all his might by encouraging the Assembly to undertake the ruinous and terrible war that is to last for twenty-three years; according to him, "there is more money than is needed for it."[2206] ...
— The Origins of Contemporary France, Volume 3 (of 6) - The French Revolution, Volume 2 (of 3) • Hippolyte A. Taine

... or restored to what he now knows to be his own, conscious of a victory, final and complete; whilst the unsuccessful litigant goes away exceeding sorrowful, knowing that his only possible revenge is to file his petition in bankruptcy. ...
— In the Name of the Bodleian and Other Essays • Augustine Birrell

... appeared in Mademoiselle Armande's salon with the calf of his leg on the shin-bone. This bankruptcy of the graces was, I do assure you, terrible, and struck all Alencon with horror. The late young man had become an old one; this human being, who, by the breaking-down of his spirit, had passed at once from fifty to ninety years of age, frightened society. Besides, ...
— An Old Maid • Honore de Balzac

... better, but it must have been a long time before the county recovered from the "agricultural distress;" 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 ...
— The Coming of the Friars • Augustus Jessopp

... interposition in her behalf the night before; and, as I knew Ellen Martineau to be safely out of the way, I was inclined to be tolerant toward her. I assured her, upon my honor, that I had failed in discovering any trace of Olivia in Noireau, and I told her all I had learned about the bankruptcy of Monsieur Perrier, and the scattering of ...
— The Doctor's Dilemma • Hesba Stretton

... enough looking place of business. Few of the neighboring shopkeepers dated back to the time, long years ago, when the real Magdal ran upon the breakers of bankruptcy and disappeared in the "eternal smash" of a final ...
— The Midnight Passenger • Richard Henry Savage

... by a Registrar in Bankruptcy that the Tercentenary of SHAKSPEARE'S death should be celebrated by the performance in every large town of one of the Bard's plays; and some regret has been expressed that anybody should take advantage of a national celebration ...
— Punch, or the London Charivari, Volume 150, February 2, 1916 • Various

... overturned the laws, the justice, and the revenues of their country. What were their laws? the arbitrary mandates of capricious despotism. What their justice? the partial adjudications of venal magistrates. What their revenues? national bankruptcy. This he thought the fundamental error of his Right Honorable Friend's argument, that he accused the National Assembly of creating the evils, which they had found existing in full deformity at the first ...
— Memoirs of the Life of Rt. Hon. Richard Brinsley Sheridan Vol 2 • Thomas Moore

... had been the decline of the royal cause, consummated by its total ruin on the day of Naseby, in June, 1645. Oxford was closely invested, Forest Hill occupied by the besiegers, and the Powell family compelled to take refuge within the lines of the city. Financial bankruptcy, too, had overtaken the Powells. These influences, rather than any rumours which may hare reached them of Milton's designs in regard to Miss Davis, wrought a change in the views of the Powell family. By the triumph of the Independents Mr. Milton was become ...
— Milton • Mark Pattison

... set it to rights, I cannot be as passive. The act of personal unkindness alluded to in your former letter, is said in your last to have been the removal of your eldest son from some office to which the judges had appointed him. I conclude, then, he must have been a commissioner of bankruptcy. But I declare to you, on my honor, that this is the first knowledge I have ever had that he was so. It may be thought, perhaps, that I ought to have inquired who were such, before I appointed others. But it is to be observed, that the former law permitted the judges to ...
— Memoir, Correspondence, And Miscellanies, From The Papers Of Thomas Jefferson - Volume I • Thomas Jefferson

... a pistol shot through their heads, the faster others take their place. It is indeed melancholy to reflect how many once respectable lives, heads of families, even wives and mothers, are being gradually lured on to bankruptcy and suicide. ...
— In the Heart of the Vosges - And Other Sketches by a "Devious Traveller" • Matilda Betham-Edwards

... general bankruptcy one city certainly escaped; that city was Ravenna, which since the year 540, when she had opened her gates to Belisarius, had been free from attack, and had more than ever been established as the capital of the West. That position was secured to her, as I have already said, by her geographical ...
— Ravenna, A Study • Edward Hutton

... considerable success among waters as yet but partly roiled. At Versailles an outward and visible Liberalism triumphed. The Third Estate or Commons, consolidating its authority as a permanent assembly, took measures to end the national bankruptcy and tried to cope with the awful menace of starvation. It was a bourgeois body, thinly sprinkled with members of the nobility and clergy; its aim, to abolish the worst seigniorial abuses, restore prosperity, and support the throne by a system ...
— Orphans of the Storm • Henry MacMahon

... for the purpose of comfortable reassurance. I had no doubt that a newspaper run to suit my own taste—a combination of The World's editorial page with The Evening Post's news and make-up— would lack the influence with which circulation alone can endow a paper, and would end in a bankruptcy ...
— An Adventure With A Genius • Alleyne Ireland

... never came. The most of the pictures found their way to the second-hand dealers, and were there sold often for the merest trifle. He had somehow missed his mark,—had proved himself a failure,—and the world has not much patience or sympathy with failures. A great calamity, such as a colossal bankruptcy, which proves the bankrupt to be more rogue than fool, arouses in it a touch of admiration, and even a curious kind of respect; but with the man out at elbows, who has striven vainly against fearful odds, though he may have kept his integrity ...
— The Guinea Stamp - A Tale of Modern Glasgow • Annie S. Swan

... industrious people of the poorer class settled down to clear the country for farming. This was what should have been done at the very beginning; for no colony can be prosperous, or look for anything but bankruptcy, until it commences to produce grain, or wool, or minerals, or some other commodity with which it can purchase from other lands the goods which they produce. The lands of South Australia are admirably adapted for the growth ...
— History of Australia and New Zealand - From 1606 to 1890 • Alexander Sutherland

... on long on the selfish hypothesis, they are apt to find at last that they have been mistaken. They find it in bankruptcy of honour and character—in social wreck and dissolution. All lies in serious matters end at last, as Carlyle says, in broken heads. That is the final issue which they are sure to come to in the long run. The Maker of the world does not permit a society to continue ...
— Short Studies on Great Subjects • James Anthony Froude

... execute His decrees. For fourteen years was that vengeance prepared, yet delayed. At last, it fell—it fell. All who had wronged me met their dreadful doom. Ambition was changed to madness. Avarice was tortured with bankruptcy. Falsehood sought refuge in self destruction; and all—all—all—even the meanest of those who had contributed to blight my life—perished miserably at my will! And did the guilty suffer alone? Alas! impious, remorseless, horrible revenge! The innocent and the criminal suffered ...
— Edmond Dantes • Edmund Flagg

... Christophe could be excused for thinking it was in the nature of the people. And so, like so many of his compatriots, he saw in the secret sore which is eating away the intellectual aristocracies of Europe the vice proper to French art, and the bankruptcy of ...
— Jean Christophe: In Paris - The Market-Place, Antoinette, The House • Romain Rolland

... living by piano, violin, and cornet performances, at private houses. I have asked the landlord to abate the nuisance by adding another brick to the thickness of the walls on each side; but he writes to me, giving his address at the Bankruptcy Court, to explain that the houses are not so constructed as to bear the extra weight, which I think very probable. I would apply for an injunction against the Maniacs, were it not that their howlings are sometimes useful in drowning the sound of the constant practising ...
— Punch, or the London Charivari, Volume 103, December 10, 1892 • Various

... "deadness" proceeded from a rooted distrust of the Emperor Leopold, and from a conviction that Britain had nothing to fear from Jacobinical propaganda. Above all they believed that the present was not the time for action, especially as the imminence of bankruptcy in France would discredit the new Legislative Assembly, and render an invasion easier in ...
— William Pitt and the Great War • John Holland Rose

... perhaps meets the wishes of that large class of readers who seek in literature agreeable rest and distraction, rather than excitement or aesthetic gratification. He is one of the greatest spirits that survived the bankruptcy of Romanticism. He excels in the description of country nooks and corners; of that polite rusticity which knows nothing of the delving laborers of 'La Terre', but only of graceful and learned leisure, of solitude nursed in revery, ...
— Serge Panine • Georges Ohnet

... by indorsing an unsafe note, and then pleasing that neighbor by sharing his risk in a hopeless speculation,—and who, after all the capital they have earned by their industry and sagacity has been sunk in benevolent attempts to assist blundering or plundering incapacity, are doomed, in their bankruptcy, to be the mark of bitter taunts from growling creditors and insolent pity from a gossiping public. Much has been said about the pleasures of a good conscience; and among these I reckon the act of that man who, having wickedly lent certain moneys to a casual acquaintance, ...
— The Atlantic Monthly, Volume 15, No. 90, April, 1865 • Various

... most numerous patrons of the railway; the altered style of the conveyances provided for them is a sufficient testimony to their higher importance. All this is to the good; so, too, is the diminution in losses by bankruptcy and in general pauperism, the increasing thrift shown by the records of savings banks, the lengthening of life, the falling off in crime, which is actually—not proportionally—rarer than ten years ago, to go no ...
— Great Britain and Her Queen • Anne E. Keeling

... to spare his mother and grandmother as long as possible. "Let them have their good night's sleep," said he to himself, with such thoughtfulness and pity as a merchant might feel in concealing imminent bankruptcy from his family. He knew there was but one chance remaining,—that his father might come home during the night or next morning, with his ...
— Old Man Savarin and Other Stories • Edward William Thomson

... more land for their business or for homes, they have to pay the absentee for the increased value which they themselves have brought about. When you beautify and enrich the value of your own lot by improving it, you are making it impossible to buy the vacant lot next to you without bankruptcy. ...
— Little Journeys to the Homes of the Great, Volume 9 - Subtitle: Little Journeys to the Homes of Great Reformers • Elbert Hubbard

... that he was utterly ignorant of business. What did he understand of these speculations into which he was drawn? Nothing. It is a difficult and often a dangerous thing to manage large capitals. They have no doubt deceived him, cheated him, misled him, and driven him at last to the verge of bankruptcy." ...
— The Clique of Gold • Emile Gaboriau

... retirement at night, the First Lord of the Treasury and the Chancellor of the Exchequer were employed in seeing persons of all descriptions, who entreated them to interfere and preserve the community from universal bankruptcy. 'Perish the world, sooner than violate a principle,' was the philosophical exclamation of her Majesty's ministers, sustained by the sympathy and the sanction of Sir Robert Peel. At last, the governor and the deputy-governor of the Bank of England waited on Downing Street, and ...
— Lord George Bentinck - A Political Biography • Benjamin Disraeli

... service of importance. The definite law, however, that the sins of the fathers shall be visited upon the children, overbore the prophecy. Hatteras, the father, disorganised his son's future by dropping unexpectedly through one of the trap ways of speculation into the bankruptcy court beneath just two months before Hatteras, the son, was to have gone up to Oxford. The lad was therefore compelled to start life in a stony world with a stock in trade which consisted of a school boy's command of the classics, a real inborn gift of tongues and the friendship of James ...
— Ensign Knightley and Other Stories • A. E. W. Mason

... the evil report that had gane abroad respectin us, I hurried awa to put it in execution; and thinkin it very hard to be subjected to a' this trouble sae innocently, and to hae, at ane and the same time, a pair o' 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, ...
— Wilson's Tales of the Borders and of Scotland, Volume III • Various

... result of the collected wisdom of the continent, must be esteemed, if not perfect, certainly the least objectionable of any that could be devised; and that if it should not be carried into immediate execution, a national bankruptcy, with all its deplorable consequences, will take place before any different plan can possibly be proposed and adopted. So pressing are the present circumstances, and such is the alternative now offered to ...
— The Life of George Washington, Vol. 4 (of 5) • John Marshall

... finger-ends; he produced sound evidence in support of each proposition he advanced; and the argument thus sustained went to prove, beyond all doubt, that the spirit of speculation was in this, as in many other particulars, leading the American people to the verge of madness, and their country to certain bankruptcy. That in leaving their magnificent lakes, their endless rivers, and the smooth waters of their coast,—the highways created by Providence for their use, and amply sufficient for their purposes—to waste their wealth, distract their commercial views, and agitate their politics ...
— Impressions of America - During The Years 1833, 1834, and 1835. In Two Volumes, Volume II. • Tyrone Power

... in the press, is a counterrevolution in France. Of that I know nothing but rumour; yet it certainly is not the most incredible event that rumour ever foretold. In this country the stock of the National Assembly IS fallen down to bankruptcy. Their only renegade, aristocrat Earl Stanhope, has, with D. W. Russel, scratched his name out of the Revolution Club; but the fatal blow has been at last given by Mr. Burke. His pamphlet(708) came out this day se'nnight, and is far superior to what was ...
— Letters of Horace Walpole, V4 • Horace Walpole

... Thus, in a bankruptcy, Adolphe, in order to protect himself (this means to recover his claims), has become mixed up in certain unlawful doings which may bring a man to the necessity of testifying before the Court of Assizes. ...
— Petty Troubles of Married Life, Second Part • Honore de Balzac

... speculation in Oil Shares, James made himself ill worrying over it; the knell of all prosperity seemed to have sounded. It took him three months and a visit to Baden-Baden to get better; there was something terrible in the idea that but for his, James's, money, Dartie's name might have appeared in the Bankruptcy List. ...
— Forsyte Saga • John Galsworthy

... Devine, writing in Charities and the Commons, admits that the charitable societies cannot hope to make up the deficit, to add to the wages of the workers enough to raise their standards of living to the point of efficiency. He admits that "such a policy would tend to financial bankruptcy." ...
— The Common Sense of Socialism - A Series of Letters Addressed to Jonathan Edwards, of Pittsburg • John Spargo

... into the towns—and he uses the term "coloured" to include the Indians. With regard to the restrictions of trade licences he deduces the necessity for them from the economic effects of unrestricted competition which has led, he declares, to the bankruptcy of European firms, to their displacement in the same premises by Indians, and to the depreciation of European property. But, the Indian replies, if Indians have thriven in South Africa in the past it is because they work harder and live more frugally, and ...
— India, Old and New • Sir Valentine Chirol

... to be doing ill, by way of a private, kind encouragement. But a great part of the day was passed in aimless wanderings with his eyes sealed, or in his cabinet sitting bemused over the particulars of the coming bankruptcy; and the boy would be absent a dozen times for once that his father would ...
— Lay Morals • Robert Louis Stevenson

... young politicians, with Paine's book before him, he felt competent to pronounce a decisive judgment at once. "I am convinced," said he, writing to his Langholm friend, "that the situation of Great Britain is such, that nothing short of some signal revolution can prevent her from sinking into bankruptcy, slavery, and insignificancy." He held that the national expenditure was so enormous,*[13] arising from the corrupt administration of the country, that it was impossible the "bloated mass" could hold together any longer; ...
— The Life of Thomas Telford by Smiles • Samuel Smiles

... I quitted for a few hours the Westminster contest, to dine with the Stoke Club, which was well attended, and your Lordship's venison declared to be in high season. Captain Salter hath suffered some severe loss of fortune from the bankruptcy of the house of Maine, at Lisbon, as I understand; in consequence thereof, he hath let his house at Stoke to Major Masters, and means himself and family to reside at Bath. He hath let his house for L200 per ...
— Memoirs of the Courts and Cabinets of George the Third - From the Original Family Documents, Volume 1 (of 2) • The Duke of Buckingham and Chandos

... greatness of Marx during his lifetime, but every year that passes adds strength to the conviction that the broad principles he promulgated will guide the evolution of society during the present century. Marx demonstrated the moral bankruptcy of commercialism and formulated the demand for the communal ownership and organisation of industry; and it is hardly possible to exaggerate the value of this service to humanity. But no man is great enough to be made into a god; no man, however ...
— The History of the Fabian Society • Edward R. Pease

... JOSEPH, born in London, connected as a business man with Birmingham; after serving the latter city in a municipal capacity, was elected the parliamentary representative in 1876; became President of the Board of Trade under Mr. Gladstone in 1880, and chief promoter of the Bankruptcy Bill; broke with Mr. Gladstone on his Home Rule measure for Ireland, and joined the Liberal-Unionists; distinguished himself under Lord Salisbury ...
— The Nuttall Encyclopaedia - Being a Concise and Comprehensive Dictionary of General Knowledge • Edited by Rev. James Wood

... the world been shaken, that an administration which still talks of paying a hundred millions for Cuba is unable to raise a loan of five millions for the current expenses of Government. Nor is this the worst; the moral bankruptcy at Washington is more complete and disastrous than the financial, and for the first time in our history the Executive is suspected of complicity in a treasonable plot against the very life of ...
— Atlantic Monthly Volume 7, No. 40, February, 1861 • Various

... generous Gotzkowsky said in his heart, 'No;' and again pleaded and prevailed. Ephraim and Itzig, foul swollen creatures, were not broached at all; and their gratitude was, That, at a future day, Gotzkowsky's day of bankruptcy, they were hardest of any ...
— History of Friedrich II. of Prussia, Vol. XX. (of XXI.) • Thomas Carlyle

... barren be thy teeming soil, Or may the swallowing earthquake gulf thy fields! Fribourg and Pontet! cease your trading toil, Or bankruptcy be all the ...
— History of English Humour, Vol. 2 (of 2) • Alfred Guy Kingan L'Estrange

... back, my child, and save your soul and your purity, lest I live to be cursed with the sight of my noble daughter's shame? This marriage will be unholy, and the censure to follow it will be the bankruptcy of more than our estate—of our simple fame and old family respect. We have friends left who would help us. If you marry Milburn, they will all ...
— The Entailed Hat - Or, Patty Cannon's Times • George Alfred Townsend

... anti-Semitism as a means of discrediting not alone Jews but also Protestants and other opponents of Catholicism. Their adherents, the French nobility, were especially embittered against the Jews by the bankruptcy of the Union Generale, a banking establishment in which all their money had been placed in the hope of wresting the control of French finance from the hands of the Rothschilds. Their chief hope lay in getting control of the General Staff, by filling its posts with young men of noble birth, ...
— The Menorah Journal, Volume 1, 1915 • Various

... there her avarice seeks for hidden treasures. She sends forth her sympathies on adventure, she embarks her whole soul in the traffic of affection; and, if shipwrecked, her case is hopeless, for it is a bankruptcy ...
— Many Thoughts of Many Minds - A Treasury of Quotations from the Literature of Every Land and Every Age • Various

... any great extent, and land speculation had not reached its usual twenty years' mark. We had, also, on hand a local affliction, in the presence of grasshoppers, so that, although it disturbed business generally, it did not succeed in producing bankruptcy, and we ...
— The History of Minnesota and Tales of the Frontier • Charles E. Flandrau

... had been the bankruptcy of his nephew, the Prince de Guimenee, whose debts had amounted to some three million livres. Characteristically, and for the sake of the family honour, Rohan had taken the whole of this burden upon ...
— The Historical Nights' Entertainment • Rafael Sabatini

... to provide nothing, if I can be advised of your intentions, so that I may provide accordingly." To another brother-in-law, Bartholomew Dandridge, he lent money, and forgave the debt to the widow in his will, also giving her the use during her life of the thirty-three negroes he had bid in at the bankruptcy sale ...
— The True George Washington [10th Ed.] • Paul Leicester Ford

... serious and fatal, have come from lack of conscience as well as of faith in such exigencies—drawing on one fund to meet the overdraught upon another, hoping afterward to replace what is thus withdrawn. A well-known college president had nearly involved the institution of which he was the head, in bankruptcy, and himself in worse moral ruin, all the result of one error—money given for endowing certain chairs had been used for current expenses until public confidence had ...
— George Muller of Bristol - His Witness to a Prayer-Hearing God • Arthur T. Pierson

... had left the Big House and gone to live in his mother's old cottage for two reasons—first, to delude the law into the idea that he was himself utterly ruined by the bankruptcy to which he had brought the whole island; and next, to gratify the greed of his mistress, who wanted to get him to herself at the end, so that he might be persuaded to marry her (if it were only on his death-bed) ...
— The Woman Thou Gavest Me - Being the Story of Mary O'Neill • Hall Caine

... interference except its countenance or ill favor, as such banks severally observed or disregarded the ordinary rules of financial prudence. The immediate effect of the refusal of Congress to recharter the Bank of the United States was to bring the Treasury to the verge of bankruptcy. The interference of Parish, Girard, and Astor alone saved the credit of the government, and this interference was no doubt prompted by self-interest. That Mr. Astor was hostile to the bank is certain. Gallatin wrote to Madison in January, 1811, that Mr. Astor had sent him a verbal ...
— Albert Gallatin - American Statesmen Series, Vol. XIII • John Austin Stevens

... they can be turned out into the highway to browse, and earn their own living. This elephant theory is a good one, and any man that is good on figures can sit down and figure up a profit in a year sufficient to go into bankruptcy. ...
— Peck's Compendium of Fun • George W. Peck

... appropriate the main results of the higher criticism. Certainly she has never had a better opportunity to play at the game of "beggar my neighbour" and to drive the older Protestant orthodoxy into bankruptcy. ...
— History of the Warfare of Science with Theology in Christendom • Andrew Dickson White

... nothing, I have heard nothing.' Quite time he had, though. If Ministers can't make up their minds, what's the House to do? Begin to think if things don't mend soon, I shall have a better record of business done to show at end of Session than the Ministry. Bankruptcy Bill will make three Measures ...
— Punch, or the London Charivari, Vol. 99, July 19, 1890 • Various

... Frederick Lemaitre is playing "L'Auberge des Adrets" there. Five per cents are at 74, potatoes cost 8 cents the bushel, at the market a pike can be bought for 20 sous. M. Ledru-Rollin is trying to force the country into war, M. Prudhon is trying to force it into bankruptcy. General Cavaignac takes part in the sessions of the Assembly in a grey waist-coat, and passes his time gazing at the women in the galleries through big ivory opera-glasses. M. de Lamartine gets 25,000 francs for ...
— The Memoirs of Victor Hugo • Victor Hugo

... for terms of ten or fifteen years under the Act of 1881, and in much the same way the Irish tenant purchasers who have the misfortune to have found themselves saddled with the obligation of making annual payments fixed for forty-nine years, are simply sliding down an inclined plane with bankruptcy awaiting them at the ...
— If Not Silver, What? • John W. Bookwalter

... creditor had seized some iron that a friend had lent him to assist in the business after a bankruptcy. The seizure of the iron was said to have been made harshly. Choate thus described it: "He arrested the arm of industry as it fell towards the anvil; he put out the breath of his bellows; he extinguished the fire upon his hearthstone. Like pirates in a gale ...
— Law and Laughter • George Alexander Morton



Words linked to "Bankruptcy" :   jurisprudence, legal proceeding, bankrupt, law, proceedings, insolvency, proceeding



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