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Insolvent   Listen
noun
Insolvent  n.  (Law) One who is insolvent; as insolvent debtor; in England, before 1861, especially applied to persons not traders.






Collaborative International Dictionary of English 0.48








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"Insolvent" Quotes from Famous Books



... for after all what is the good of hurrying back to shop when you are not only insolvent but very soon to die? His dinner and the east wind lost their sinister hold upon his soul, and when at last he came back along the Fishbourne High Street, his face was unusually bright and the craving hunger of the dyspeptic was returning. So he went into the grocer's and bought a ruddily decorated ...
— The History of Mr. Polly • H. G. Wells

... 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 human rights violations by the military, ...
— The 1999 CIA Factbook • United States. Central Intelligence Agency.

... 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 extortions ...
— The Black Prophet: A Tale Of Irish Famine • William Carleton

... women or so completely wear them out that the remnant of their lives would not be worth living. And families of this size would similarly exhaust even unusually large pocket-books, leaving most fathers insolvent. Though it is probably true, as economists say, that our land and its resources, if more equitably distributed and scientifically exploited, are capable of supporting many more millions of Americans than at present, there ...
— The Good Housekeeping Marriage Book • Various

... who led a young man 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 ...
— The Arabian Nights Entertainments Complete • Anonymous

... come to the office at two o'clock, stating that the company was insolvent and but enough money remained to square accounts with the contractor. Pat had cast a shrewd glance at Lee and nodded. This was during the morning. Afterward the engineer had gone for a visit to the dam, the drops, and the canal line, ...
— The Iron Furrow • George C. Shedd

... 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, Guly, I would give poor Blanche's history, or 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 ...
— The Brother Clerks - A Tale of New-Orleans • Xariffa

... national bankrupt law I still regard as very desirable. The Constitution having given to Congress jurisdiction of this subject, it should be exercised and uniform rules provided for the administration of the affairs of insolvent debtors. The inconveniences resulting from the occasional and temporary exercise of this power by Congress and from the conflicting State codes of insolvency which come into force intermediately should be removed by the enactment of a simple, ...
— Complete State of the Union Addresses from 1790 to the Present • Various

... uncle's. 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! what was this?—possibly to the gallows. Morris was trying ...
— The Wrong Box • Robert Louis Stevenson and Lloyd Osbourne

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

... Adam? You will help me again?" asked the Elector. "Twice you have rescued me already from want, and supported my poverty with your wealth. I am your debtor, your insolvent debtor, who pays no interest, to say nothing of ...
— The Youth of the Great Elector • L. Muhlbach

... this part of the Hinkle theory had failed, and then Miss Milray devolved upon the belief that he had run his tailor's bill or his shoemaker's. "They are delightful, those Russians, but they're born insolvent. I don't believe he's drowned himself. How," she broke off to ask, in a burlesque whisper, "is-the-old-tabby?" She laughed, for answer to her own question, and then with another sudden diversion she demanded of a look in Clementina's ...
— Henry James, Jr. • William Dean Howells

... 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 presence of Indians ...
— Ainslee's, Vol. 15, No. 6, July 1905 • Various

... business, practical hands—if it hoarded when it ought to spend—if it got by cringing and fawning what it never deserved, I might possibly impress you very much by my indignation. If its managers could tell me that it was insolvent, that it was in a hopeless condition, that its accounts had been kept by Mr. Edmunds—or by "Tom,"—if its treasurer had run away with the money-box, then I might have made a pathetic appeal to your feelings. ...
— Speeches: Literary and Social • Charles Dickens

... 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 ...
— The Experiences of a Barrister, and Confessions of an Attorney • Samuel Warren

... 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 old 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, ...
— Among the Pines - or, South in Secession Time • James R. Gilmore

... of the Surface school was one day heard to boast that from his continually breaking his promises made to his creditors, they must imagine him to have been brought up in a court:—"Yes," replied a byestander, "the Insolvent's Court." ...
— The Mirror of Literature, Amusement, and Instruction, Vol. 10, No. - 287, December 15, 1827 • Various

... contract to Servius Tullius, who is supposed to have collected the regulations made by his predecessors. The Twelve Tables were notably formed on the legal enactments of Greece. The cruel severity of the law for insolvent debtors, forms a marked contrast to the milder and more equitable arrangements of the Brehon code. By the Roman enactments, the person of the debtor was at the mercy of his creditor, who might sell him for a slave beyond the Tiber. The Celt allowed only the seizure of goods, ...
— An Illustrated History of Ireland from AD 400 to 1800 • Mary Frances Cusack

... Baptists," sometimes the "Hard-shell Baptists," having, as is usually the case with hard cases, hard names. I use the expression "once known," since, if I mistake not, the order has, in these latter days, deceased; dying of sheer decrepitude, with no weeping mourners around it, being intestate and insolvent, and is now to be numbered with the things that were—an old man's tale, the blunder of an hour.[3] That so broad and warm and genial a nature as that of our hero should have gone for refuge and spiritual comfort to a creed so narrow, cold, and gloomy, admits of no easy explanation, especially ...
— Burl • Morrison Heady

... 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 ...
— Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 2 - "Baconthorpe" to "Bankruptcy" • Various

... numerous creditors, being, as were so many of his fellow-countrymen, deeply in debt, in spite of the repartimiento of Indians which had been allotted to him. Unfortunately for Balboa a law had been passed forbidding any vessels bound for the mainland taking insolvent debtors on board, but his ingenuity was equal to this emergency, for he had himself rolled in an empty barrel to the vessel which was to carry Encisco to Darien. The chief of the expedition had ...
— Celebrated Travels and Travellers - Part I. The Exploration of the World • Jules Verne

... 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 demands of ...
— Life and Travels of Mungo Park in Central Africa • Mungo Park

... to name any particular part of town as the principal resort of shabby-genteel men. We have met a great many persons of this description in the neighbourhood of the inns of court. They may be met with, in Holborn, between eight and ten any morning; and whoever has the curiosity to enter the Insolvent Debtors' Court will observe, both among spectators and practitioners, a great variety of them. We never went on 'Change, by any chance, without seeing some shabby-genteel men, and we have often wondered what earthly business they can have there. They will sit ...
— Sketches by Boz - illustrative of everyday life and every-day people • Charles Dickens

... contract with a broker who became insolvent, you would have no means of forcing the fulfillment of the contract, and no way of securing the profit which was due you. The thing to do, of course, is to choose a broker who is so strong financially that you incur no danger in this ...
— About sugar buying for Jobbers - How you can lessen business risks by trading in refined sugar futures • B. W. Dyer

... opinion a man has as much right to fail in business as he has to get sick and die. In most cases it is more honourable to fail than to go on. Every insolvent is not necessarily a scoundrel. The greatest crime is to fail rich. John Bonner & Co., as brokers, had loaned money on deposited collaterals, and then borrowed still larger sums on the same collaterals. Their creditors were duped to ...
— T. De Witt Talmage - As I Knew Him • T. De Witt Talmage

... came a day when that door stayed locked and a hundred white faces gathered about it, blocking the village street and talking in whispers though the noonday sun was shining. Raymond's bank was insolvent, and the banker himself, a fugitive in tarry sea clothes, was hauling ropes on a vessel outward bound for Callao. He might have stayed in Middleborough and braved it out, for he had robbed no man and his personal honour was untarnished, having succumbed without dishonesty to primitive methods ...
— Love, The Fiddler • Lloyd Osbourne

... 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,"— ...
— Green Fields and Running Brooks, and Other Poems • James Whitcomb Riley

... scandal at times to his 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 ...
— Hours in a Library - New Edition, with Additions. Vol. II (of 3) • Leslie Stephen

... office in which young Greeley was learning his trade became insolvent, and Greeley, then in his twentieth year, was released from his indentures. He tramped from office to office as a journeyman printer, and his father having removed to the then "new country of western Pennsylvania," the youngster, with ten dollars in his pocket, ...
— Great Men and Famous Women. Vol. 4 of 8 • Various

... nay—even Mr. Gammon, foiled at length, could not for the life of him refrain from a soft curse or two. Neither of them could make anything of it—(as for Snap, they never showed it to him; it was not within his province—i. e. the Insolvent Debtors' Court, the Old Bailey, the Clerkenwell Sessions, the Police Offices, the inferior business of the Common Law Courts, and the worrying of the clerks of the office—a department in ...
— Ten Thousand a-Year. Volume 1. • Samuel Warren

... almost immediately left his father's shop, and set up business for himself in the same neighbourhood, where he continued for two or three years, living, as it was supposed, upon the produce of his matrimonial connexion. At length, however, it was discovered that he was insolvent, and bankruptcy became the consequence. Here he remained till affairs were arranged, and then returned to London with his wife and ...
— Real Life In London, Volumes I. and II. • Pierce Egan

... accounts, every paper that he had, in and out of prison. They searched and scrutinized everything. They had every penny of his fortune, and I believe, though I cannot with certainty know, that the man died insolvent; and it was not pretended that he had ever applied to his own use any part of the ...
— The Works of the Right Honourable Edmund Burke, Vol. XI. (of 12) • Edmund Burke

... which for so many years had been yielding a dividend far exceeding the interest on the loan, and which stock had been pledged for the redemption of the loan, was diverted to the building of a railroad, which never did or could yield a single dollar, and the company soon became insolvent. By another clause of this act of 1839, the Planters' Bank, which, by the loan act, was made responsible (together with the State) for the payment of these bonds, was released from the obligation to ...
— The Continental Monthly, Vol. IV. October, 1863, No. IV. - Devoted to Literature and National Policy. • Various

... furniture, but got no answer. All my old friends turned their backs upon 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 old thief produced them in court, and told the whole story—Lord ...
— The Fatal Boots • William Makepeace Thackeray

... obtained money loans. In the year 1677 he petitioned the Emperor Leopold—who was a great patron and lover of music—to render him pecuniary assistance, but failed to procure it. Over-burdened with troubles, he was bereft of his reason, and died insane and insolvent in ...
— The Violin - Its Famous Makers and Their Imitators • George Hart

... 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 ...
— Historic Tales, Vol. 8 (of 15) - The Romance of Reality • Charles Morris

... 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 ...
— Haunted and the Haunters • Edward Bulwer Lytton

... continued his labors. His health, never strong, gave way under the continued strain, and he died in New York in July, 1860, in the sixtieth year of his age, completely worn out. Notwithstanding his great invention—an invention which has made millions for those engaged in its manufacture—he died insolvent, and left his family heavily in debt. A few years after his death an effort was made to procure from Congress a further seven years' extension of his patent for vulcanization, for the benefit of his family and his creditors. The men who had trampled his rights under ...
— Great Fortunes, and How They Were Made • James D. McCabe, Jr.

... 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.

... agency in comparison with the perfect system evolved by these German banks, which could at any given moment sum up the prospects as well as the actual situation of each of their customers. It was this comprehensive survey which warranted some of the large advances they made to seemingly insolvent firms which afterwards grew to be the most prosperous ...
— England and Germany • Emile Joseph Dillon

... vile Pageantry, similar to Balthazzers quaffing in the holy vessels, did not pass long without a note of observation, for though Milne had scraped together much riches, yet, in a short time, he became an insolvent bankrupt, and was forced to flee to the Abbey; after which he became distracted, and died in great misery ...
— Biographia Scoticana (Scots Worthies) • John Howie

... 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

... 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, ...
— Ringfield - A Novel • Susie Frances Harrison

... on the directors of the Royal British bank, and on Mr. Hudson, "the railway king." Mr. Merdle, of Harley Street, was called the "Master Mind of the Age." He became insolvent, and committed suicide. Mr. Merdle was a heavily made man, with an obtuse head, and coarse, mean, common features. His chief butler said of him, "Mr. Merdle never was a gentleman, and no ungentlemanly act on Mr. Merdle's ...
— Character Sketches of Romance, Fiction and the Drama - A Revised American Edition of the Reader's Handbook, Vol. 3 • E. Cobham Brewer

... appropriates and expends the funds of a private subscription raised for a 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, ...
— The Origins of Contemporary France, Volume 1 (of 6) - The Ancient Regime • Hippolyte A. Taine

... allowed whether the suit is by or against the husband and whatever the nature of the suit may be. The usual English practice is to allot as temporary alimony about one-fifth of the husband's net income; where it appears that the husband has no means or is in insolvent circumstances, the court will refuse to allot temporary alimony. So where the wife is supporting herself by her own earnings, this fact will be taken into consideration. And where the wife and husband have lived apart for many years before the institution of the ...
— Project Gutenberg Encyclopedia

... little can as yet be furnished, probably Imposture is of sanative, anodyne nature, and man's Gullibility not his worst blessing. Suppose your sinews of war quite broken; I mean your military chest insolvent, forage all but exhausted; and that the whole army is about to mutiny, disband, and cut your and each other's throat,—then were it not well could you, as if by miracle, pay them in any sort of fairy-money, feed them on coagulated water, ...
— Sartor Resartus, and On Heroes, Hero-Worship, and the Heroic in History • Thomas Carlyle

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

... for a week and who was an Hashish-eater to boot; and she called him, saying, "Hither, O donkey-boy!" So he came to her and she asked, "Knowest thou my son the dyer?"; whereto he answered, "Yes, I know him." Then she said, "The poor fellow is insolvent and loaded with debts, and as often as he is put in prison, I set him free. Now we wish to see him declared bankrupt and I am going to return the goods to their owners; so do thou lend me thine ass to carry ...
— The Book of the Thousand Nights and a Night, Volume 7 • Richard F. Burton

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

... an investigation of Mr. Clinton's affairs, and the estate was pronounced insolvent, and all was offered for sale. At first Henriette could scarcely believe the assertion, but when she became convinced of its truth, she nerved her mind to meet the trial, relying upon that God "who tempers the wind to ...
— Withered Leaves from Memory's Garland • Abigail Stanley Hanna

... a debtor and creditor affair. (Who ever loved with no hope of return?) It is when one of the parties declares him-or her-self insolvent that the account is closed—with many tears and sighs on the part of the chief creditor. ...
— Hints for Lovers • Arnold Haultain

... which he did to the entire satisfaction of his 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. ...
— The Modern Scottish Minstrel , Volume I. - The Songs of Scotland of the past half century • Various

... organisations is to create credit as a means of introducing capital into the agricultural industry. They perform the apparent miracle of giving solvency to a community composed almost entirely of insolvent individuals. The constitution of these bodies, which can, of course, be described only in broad outline here, is somewhat startling. They have no subscribed capital, but every member is liable for the entire debts of the association. ...
— Ireland In The New Century • Horace Plunkett

... 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 confinement ...
— Celebrated Crimes, Complete • Alexandre Dumas, Pere

... 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 prtorian 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 bowels of the provinces, and the marrow of their ...
— The Caesars • Thomas de Quincey

... United States Hotel at Harper's Ferry. Of Mrs. Carroll he speaks in very grateful terms, saying that she was kind to him and all the servants, and promised them their freedom at her death. She excused herself for not giving them their freedom on the ground that her husband died insolvent, leaving her the responsibility of ...
— The Underground Railroad • William Still

... 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 he ...
— Saved from the Sea - The Loss of the Viper, and her Crew's Saharan Adventures • W.H.G. Kingston

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

... management of 180,000 acres of poor country, in some parts utterly desolate, in others afflicted with congested population, can hardly be carried on without making some enemies. Moreover, I have no reason to believe that the vast "Law Life" property has, since it passed out of the hands of its ancient insolvent owners, been either more wisely or liberally administered than in the wild, wicked days when the Martins "reigned" at Ballynahinch, and boasted that the King's writs did not run ...
— Disturbed Ireland - Being the Letters Written During the Winter of 1880-81. • Bernard H. Becker

... to California, and settled at San Jose (where the only good fortune that awaited us was our meeting with so kind a friend as you) the family, as you know, was broken up by the death of both my parents in the same week. My father died insolvent and the homestead was sacrificed to pay his debts. My sisters returned to relatives in the East, but owing to your kindness John and I, then twenty-two years of age, obtained employment in San Francisco, in different quarters of the town. Circumstances ...
— Can Such Things Be? • Ambrose Bierce

... judicious payments to confidential creditors, his wife and daughter saw all THEY most prized taken away, and the town was filled with the magnitude of their sacrifices, and with the handsome manner in which both submitted to make them. By this ingenious device, the insolvent not only preserved his character, by no means an unusual circumstance in New York, however, but he preserved about half of his bona fide estate also; his creditors, as was customary, ...
— Autobiography of a Pocket-Hankerchief • James Fenimore Cooper

... 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 —, letter of | prezenta ...
— Esperanto Self-Taught with Phonetic Pronunciation • William W. Mann

... out, and we are become timorous, desponding whimperers. We are afraid of truth, afraid of fortune, afraid of death, and afraid of each other. Our age yields no great and perfect persons. We want men and women who shall renovate life and our social state, but we see that most natures are insolvent, cannot satisfy their own wants, have an ambition out of all proportion to their practical force,[224] and do lean and beg day and night continually. Our housekeeping is mendicant, our arts, our occupations, our marriages, our religion, we have not chosen, but ...
— Essays • Ralph Waldo Emerson

... One of them he bailed out of a spunging-house, and afterwards paid the debt — another he translated into his family, and clothed, when he was turned out half naked from jail in consequence of an act for the relief of insolvent debtors — a third, who was reduced to a woollen night cap, and lived upon sheeps trotters, up three pair of stairs backward in Butcher-row, he took into present pay and free quarters, and enabled him to appear as a gentleman, without ...
— The Expedition of Humphry Clinker • Tobias Smollett

... little more would find his canvas shaking. It was only recently that the cashier of the principal bank of an agricultural county, after an unprosperous year, declared that such another season would make almost every farmer insolvent. Under these circumstances it is really to be wondered at that they have done as much as they have for the labourer in the last few years, finding him with better cottages, better wages, better education, and affording him better opportunities of rising ...
— The Toilers of the Field • Richard Jefferies

... a pledge, the ransom cannot exceed the value of the ship, so that the master cannot bind his owner for a larger value; and on the same principle, the captor is bound to take the vessel or its value if abandoned by the owner, or what it sells for if the owner is insolvent. He is also bound to maintain the hostage, and that is an item in the ransom bill. In estimating the ransom and expenses of the hostage as a damage or loss, they are regarded in the nature of general average, and the several persons interested in the ...
— The Laws Of War, Affecting Commerce And Shipping • H. Byerley Thomson

... to have regarded the merchants and bankers of State Street 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

... 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 of view. The Duplessis inheritance, ...
— A Book of Remarkable Criminals • H. B. Irving

... the old law, imprisonment for debt did not always last for ever. A legacy, and the Insolvent Debtors Act, enabled Mr. Dickens to march out of durance, in some sort with the honours of war, after a few months' incarceration—this would be early in 1824;—and he went with his family, including Charles, to lodge with ...
— Life of Charles Dickens • Frank Marzials

... One evening after a stormy debate, as he stood on the platform outside his door, looking over the parish, a sound of distant threatening thunder came toward him from the large farms, lying in the storm. He knew that that day their owners had become insolvent, that he himself and the savings-bank were going the same way: and his whole long work would culminate in condemnation ...
— Stories by Foreign Authors • Various

... Saxe-Coburg, looking forward to a reign under which virtue and 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 acquisition of Canning, who succeeded Buckinghamshire ...
— The Political History of England - Vol XI - From Addington's Administration to the close of William - IV.'s Reign (1801-1837) • George Brodrick

... 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

... in force. This means that they must retain or keep invested a sum equal to about two-thirds of all the premiums paid on all existing policies. The moment they part with any portion of this reserve for any purpose whatsoever, they are declared insolvent and wound up by a receiver. In other words, the corporation is d——d if it does and the policy holder is d——d if it doesn't. That the latter gets the sulphur bath goes without saying. The four largest old ...
— Volume 10 of Brann The Iconoclast • William Cowper Brann

... dreams of a life were dissipated, and he had to encounter the stern reality of his position—and that was Ruin. He was without hope and without resource. His debts were vast; his patrimony was a fable; and the mysterious inheritance of his wife had been tampered with. The elder Ferrars had left an insolvent estate; he had supported his son liberally, but latterly from his son's own resources. The father had made himself the principal trustee of the son's marriage settlement. His colleague, a relative of the heiress, had died, and care was taken ...
— Endymion • Benjamin Disraeli

... sometimes 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 first law ...
— Our Government: Local, State, and National: Idaho Edition • J.A. James

... 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 ...
— No Name • Wilkie Collins

... 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 had just ascended the throne, informed the Marquis de ...
— Which? - or, Between Two Women • Ernest Daudet

... grand clothes were not always greatly given to him, for he never appeared quite able to pay for them. Although he became deeply involved in debt, he never cultivated luxurious or unworthy delights. His pleasures were of the simplest. His insolvent condition was due, true enough, to pleasure and his foremost luxury—the luxury of ceaseless charities that he could as ill afford as a coach-and-four. He was one of the hearts not meant to draw near the gates of heaven alone, and could not accept a pleasure without someone sharing it with him ...
— Oliver Goldsmith • E. S. Lang Buckland

... convents which 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 pay ...
— En Route • J.-K. (Joris-Karl) Huysmans

... be looked into, it was found that he was practically insolvent, his stock of goods and personal property barely—but nearly enough to free him from censure—covering his liabilities. Following came the disclosure that he had been entrusted with the sum of twenty thousand dollars by a former upper servant in the Morin family, one Madame Tibault, ...
— Roads of Destiny • O. Henry

... but the drift of Miss Weston's last observation filled her with anger. They evidently regarded her as a raw Colonial, endued with no sense of what was fitting, who could not expect to be countenanced by an insolvent land-owning family. This was amusing; but the suggestion that she recognized the fact, and because of it had endeavored to alienate Clarence Weston from his relatives, who had apparently been very glad to get rid of him, was ...
— The Gold Trail • Harold Bindloss

... that she was heiress to a considerable property left by a grandfather, the society took active steps in France to secure to her her rights. Unfortunately, the agent who had possession of the estate became insolvent after having squandered the property, and it was impossible to recover it. The society continued to care for the young girl up to the day of her marriage to a young man enjoying a regular salary of $1,200, and worthy of her ...
— The Bay State Monthly, Volume II. No. 2, November, 1884 • Various

... 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, some tolerable excuse was furnished for the ...
— The Reign of Henry the Eighth, Volume 1 (of 3) • James Anthony Froude

... 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 ...
— The World Set Free • Herbert George Wells

... Blessings of it. I say these things have Convinc^d me of the Notorious Violation of the Rights of Mankind and which I think no Rational Man will Ever try to Justify. America my Earnest Prayer is that thou mayst preserve thy Own Freedom from any Insolvent Invaders who may attempt to Rob the of the Same—but be Sure to let Slavery of all kinds ever ...
— Log-book of Timothy Boardman • Samuel W Boardman

... that the marriage of Monsieur Lucien to Madame Jouberthon was the only cause of this disagreement. The Emperor disapproved of this union because the lady's reputation was somewhat doubtful, and she was also divorced from her husband, who had become insolvent, and had fled to America. This insolvency, and the divorce especially, offended Napoleon deeply, who always felt a great repugnance ...
— The Private Life of Napoleon Bonaparte, Complete • Constant

... unfortunate Man himself, and owing much Money, he would not for his Right-hand set a Gentleman into the hands of a Bailiff. The Information carrying such an honest Face with it, cannot fail of being received with due Gratitude. The Insolvent is now obliged to look to himself, and instead of stealing to Chelsea or Kensington for a little Air, is forced to confine himself to bad Punch and worse Wine at some blind Hedge Coffee-house or Tavern within ...
— The Tricks of the Town: or, Ways and Means of getting Money • John Thomson

... difficulties. The 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, ...
— The Price of Love • Arnold Bennett

... United States to collect a debt due to it. In United States v. Fisher[301] the Supreme Court sustained a statute which gave the Federal Government priority in the distribution of the estates of its insolvent debtors. The debtor in that case was the endorser of a foreign bill of exchange which apparently had been purchased by the United States. Invoking the "necessary and proper" clause, Chief Justice Marshall deduced ...
— The Constitution of the United States of America: Analysis and Interpretation • Edward Corwin

... baffling nature of Australian conditions made Rory all the more reluctant to tear himself away from his present asylum—though its shelter seemed to resemble the shadow of a great deficit in an insolvent land. ...
— Such is Life • Joseph Furphy

... you can convey the enclosed letter to its address, or discover the person to whom it is directed, you will confer a favour upon the Venetian creditor of a deceased Englishman. This epistle is a dun to his executor, for house-rent. The name of the insolvent defunct is, or was, Porter Valter, according to the account of the plaintiff, which I rather suspect ought to be Walter Porter, according to our mode of collocation. If you are acquainted with any dead man of the like name a good deal in debt, pray dig him up, and tell him that 'a pound ...
— Life of Lord Byron, Vol. IV - With His Letters and Journals • Thomas Moore

... and although she had written to New York for letters of introduction that would be useful in London, she was too impatient to await their arrival. Thus she came to secure the services of Lady Willow, the widow of Sir Debenham Willow, who had died abroad, insolvent, some years before, mourned by the creditors ...
— A Woman Intervenes • Robert Barr

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

... went through the province by rail on my wedding journey. At Dorchester, the next village beyond Moncton, I was shown a place where insolvent debtors were ...
— The Reminiscences of an Astronomer • Simon Newcomb

... a judge of the Insolvent Court, noticing a witness kiss his thumb instead of the Testament, after rebuking him said, "You may think to desave God, sir, ...
— Law and Laughter • George Alexander Morton

... returned John in his free manner. "Get the whitewash brush to work. The insolvent court has its friendly doors ...
— Verner's Pride • Mrs. Henry Wood

... identified the tomb of Sir John Beauchamp in St. Paul's as Duke Humphrey's. But the strange error was accepted, and the aisle in which the said tomb lay was commonly known as "Duke Humphrey's Walk," and it was a favourite resort of insolvent debtors and beggars, who loitered about it dinnerless and in hope of alms. And thus arose the phrase of "Dining with Duke Humphrey," i.e., going without; a phrase, it will be seen, founded on a strange blunder. The real ...
— Old St. Paul's Cathedral • William Benham

... 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 ...
— Boys and girls from Thackeray • Kate Dickinson Sweetser

... 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 ...
— The Drama of the Forests - Romance and Adventure • Arthur Heming

... if 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 ...
— Thrift • Samuel Smiles

... will take you)—Ver. 334. At Rome, insolvent debtors became the slaves of their creditors till their debts ...
— The Comedies of Terence - Literally Translated into English Prose, with Notes • Publius Terentius Afer, (AKA) Terence

... The insolvent debtor, who in the majority of cases had studied his pleasures more than his constitution, was perhaps an even less desirable recruit than his cousin the emancipated convict. In his letters to the Navy Board, Capt. Aston, R.N., relates ...
— The Press-Gang Afloat and Ashore • John R. Hutchinson

... difference in the consequences? You did not see in those days acts of grace for the relief of insolvent debtors almost every session of parliament, and yet the jails filled with insolvents before the next year, though ten or twelve thousand have been released at a time by ...
— The Complete English Tradesman (1839 ed.) • Daniel Defoe

... beats all "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 ...
— Poems - Vol. IV • Hattie Howard

... maternal grandfather. This venerable ancestor was, I 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, ...
— The Life of the Fly - With Which are Interspersed Some Chapters of Autobiography • J. Henri Fabre

... up the insolvent U.S.A. economy and the resulting opposition of America's leading European trading partners is not reassuring. If western civilization has passed the zenith of its development and entered a period of decline and fragmentation even a figure of ...
— Civilization and Beyond - Learning From History • Scott Nearing

... objectionable to Quakers, the decision was left to William Penn, then a rising young Quaker about thirty years old, dreaming of ideal colonies in America. Penn awarded Fenwick a one-tenth interest and four hundred pounds. Byllinge soon became insolvent and turned over his nine-tenths interest to his creditors, appointing Penn and two other Quakers, Gawen Lawrie, a merchant of London, and Nicholas Lucas, a maltster of Hertford, to hold it in trust for ...
— The Quaker Colonies - A Chronicle of the Proprietors of the Delaware, Volume 8 - in The Chronicles Of America Series • Sydney G. Fisher

... scale.' I don't understand these things much, but it appears that he had juggled with accounts, cooked balance sheets, had gathered in deposits months after he ought to have known himself to be hopelessly insolvent, and done enough of other things, highly reprehensible in the eyes of the law, to earn for himself seven years' penal servitude. The sentence making its way outside met with a good reception. A small mob composed mainly of people ...
— Chance - A Tale in Two Parts • Joseph Conrad

... determination, which left no room to hope for any abatement, had exhausted another minute or two of the time already so precious. The merchant hurriedly counted out the ten dollars, which Amos deliberately inspected, to see that they belonged to no insolvent bank, and then deposited them in his pocket. Having thus made quite sure of his reward, he dexterously opened the lock, and placed the merchant in possession of his property, in time to save ...
— Tales for Young and Old • Various

... 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 ...
— The Posthumous Works of Thomas De Quincey, Vol. II (2 vols) • Thomas De Quincey

... for ten years, nor from the Consul for life, any fixed salary: I took from his drawer what was necessary for my expenses as well as his own: He never asked me for any account. After the transaction of the bill on the insolvent Cisalpine Republic he said to me, at the beginning of the winter of 1800, "Bourrienne, the weather, is becoming very bad; I will go but seldom to Malmaison. Whilst I am at council get my papers and little articles from Malmaison; here is the key of my secretaire, take out everything that ...
— Memoirs of Napoleon Bonaparte, Complete • Louis Antoine Fauvelet de Bourrienne

... scarcely make out with a symbol. Nobility is the symbol of mind. It has the marks from which the mass of men always used to infer mind, and often still infer it. A common clever man who goes into a country place will get no reverence; but the "old squire" will get reverence. Even after he is insolvent, when every one knows that his ruin is but a question of time, he will get five times as much respect from the common peasantry as the newly-made rich man who sits beside him. The common peasantry will ...
— The English Constitution • Walter Bagehot

... 150 While Codrus shivers o'er his bags of gold, By famine wither'd, and benumb'd by cold, I mark his haggard eyes with frenzy roll, And feast upon the terrors of his soul; The wrecks of war, the perils of the deep, That curse with hideous dreams the caitiff's sleep; Insolvent debtors, thieves, and civil strife, Which daily persecute his wretched life, With all the horrors of prophetic dread, That rack his bosom while the mail is read. 160 Safe from the road, untainted by the school, A judge by birth, by destiny a fool, While the young lordling struts in native pride, ...
— Poetical Works of Johnson, Parnell, Gray, and Smollett - With Memoirs, Critical Dissertations, and Explanatory Notes • Samuel Johnson, Thomas Parnell, Thomas Gray, and Tobias Smollett

... which are your duties, you do not know where your true riches are. And if you have all that men can acquire of the lower things of life, whether of what is generally called wealth or of other material benefits, and have that great indebtedness standing against you, you are but an insolvent after all. Here is the treasure that will make you rich, because it will pay your debts, and endow you with capacity enough to meet all future expenditure—viz. the possession of the forgiving and cleansing grace of God which is in Jesus Christ. If you have that, you ...
— Expositions of Holy Scripture - St. Matthew Chaps. IX to XXVIII • Alexander Maclaren

... extraordinary share of energy and perseverance. He had been originally a slave, and he must have won the confidence of his wealthy Christian master Carpophores, for he had been intrusted by him with the care of a savings bank. The establishment became insolvent, in consequence, as Hippolytus alleges, of the mismanagement of its conductor; and many widows and others who had committed their money to his keeping, lost their deposits. When Carpophorus, by whom he was now suspected of embezzlement, determined to ...
— The Ancient Church - Its History, Doctrine, Worship, and Constitution • W.D. [William Dool] Killen

... was not 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 ...
— Union and Democracy • Allen Johnson

... first dared to whisper my insolent affection, believe me, even then, your presence controlled my spirit as no other woman had. I bent to you then in pride and power. The station that I could then offer you was not utterly unworthy of your perfection. I am now a beggar, or, worse, an insolvent noble, and dare I—dare I to ask you to share the fortunes that are broken, and ...
— The Young Duke • Benjamin Disraeli

... profitable speculations. At any rate, he became subject to the law, and tidings reached him that the sheriff would seize the Maid. On most occasions the sheriff is bound to keep such intentions secret, seeing that property is movable, and that an insolvent debtor will not always await the officers of justice. But with the poor Maid there was no need of such secrecy. There was but a mile or so of water on which she could ply, and she was forbidden by the nature of her properties to make any way ...
— Volume 1 • Anthony Trollope

... with Ralegh, remained kind and faithful kinsfolk to the last. It is pleasant to be able to believe that Ralegh disappointed a relative's temporary calculations upon his incapacity of resistance, without acting the part of the insolvent steward of ...
— Sir Walter Ralegh - A Biography • William Stebbing

... tailors being generally acknowledged, it is almost needless to state, that the faintest indication of seediness will be fatal to your reputation; and as a presentation at the Insolvent Court is equally fashionable with that of St. James, any squeamishness respecting your inability to pay could only be looked upon as a want of moral courage ...
— Punch, or the London Charivari, Volume 1, Complete • Various

... Insignificant sensignifa. Insincere nesincera. Insinuate proponeti. Insipid sengusta. Insist insisti. Insnare allogi, kapti. Insobriety malsobreco. Insolent insultema. Insoluble nesolvebla. Insolvent nepagokapabla. Insomnia sendormo. Insomuch tial ke. Inspect ekzameni. Inspector inspektoro. Inspiration inspiro. Inspiration (breath) enspiro. Inspire enspiri. Inspire inspiri. Instalment ...
— English-Esperanto Dictionary • John Charles O'Connor and Charles Frederic Hayes

... to conciliate with 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 the ...
— Birds of Prey • M. E. Braddon

... and a man in a bag-wig and suit of armour guarding the mace with a drawn sword and silk stockings—which is perpetually done, gentlemen, night and day; when he said, 'Pell,' he said, 'no false delicacy, Pell. You're a man of talent; you can get anybody through the Insolvent Court, Pell; and your country should be proud of you.' Those were his very words. 'My lord,' I said, 'you flatter me.' 'Pell,' he said, 'if I do ...
— The Law and Lawyers of Pickwick - A Lecture • Frank Lockwood

... 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 ...
— The Armed Forces Officer - Department of the Army Pamphlet 600-2 • U. S. Department of Defense

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

... command from customary buyers. I say nothing against M. Gandrin, but every man who 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, as I knew, that M. Collot was a gambler, and the chances ...
— The Parisians, Complete • Edward Bulwer-Lytton

... "worse than that. I stopped at a seaside hotel. Had I gone to New York City and hunted up the gentlemanly bunko man and the Wall street dealer in lamb's pelts, as my better judgment prompted, I might have returned with funds. Now I am almost insolvent. I begin life again with great sorrow, and the same old Texas steer with which I went into the cattle industry ...
— Remarks • Bill Nye

... constantly contracting more debts in the free States than they have the means of paying; so that, under the present system of intercourse, the slaveholders exercise over the free population of the north, the same control which an insolvent debtor frequently has over his creditor, by threatening to break and ruin him, if not allowed his own way. A repeal of the corn laws would release the free States from their present commercial and consequent political ...
— A Visit To The United States In 1841 • Joseph Sturge

... independent Treasury act of the previous Congress, and the next was the establishment of a general system of bankruptcy, and for distribution of the public land revenue. The former was more than a bankrupt law; it was practically an insolvent law for the abolition of debts at the will of the debtor. The bill passed both Houses. The land-revenue distribution was made imperative by the fact that various American States and municipalities owed $200,000,000 to European ...
— A History of the Nineteenth Century, Year by Year - Volume Two (of Three) • Edwin Emerson

... She had talent, and she had, besides—as the manager beside her had divined—one live play in her. But he doubted whether she had more than one. She looked insolvent, a dweller in the past, crippled by an acute memory. No doubt it was this self-regarding memory which had resulted in the play. It was obviously a personal experience, and as she was rich enough to share the risk of producing it, he was more than ready to put it on. It ...
— The Lowest Rung - Together with The Hand on the Latch, St. Luke's Summer and The Understudy • Mary Cholmondeley

... but a good 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 and a swan's quill. It was mournfully ridiculous ...
— Memoirs of the Life of Sir Walter Scott, Volume I (of 10) • John Gibson Lockhart

... pleasure, or the superior advantages of fortune. In truth, we might ask, what would become of our aristocratic classes ere long, if they came, as a body, to be identified with their gambling lords, their black-leg baronets, their insolvent honourables, and the seedy set of Chevaliers Diddlerowski and Counts Scaramouchi, who caper on the platform outside for their living? The populace would pelt these harlequin horse-jockeys of fashionable life off their stage, if there was nothing better to ...
— Blackwood's Edinburgh Magazine, No. CCCXXVIII. February, 1843. Vol. LIII. • Various

... Government; and to this course the President fully committed himself as soon as the results of the election were known. He was impelled, further, by the conviction—notwithstanding unimpeachable evidence to the contrary—that the Bank was insolvent, and by his indignation at the refusal of Biddle and his associates to accept the electoral verdict as final. "Biddle shan't have the public money to break down the public administration with. It's settled. My mind's made up." ...
— The Reign of Andrew Jackson • Frederic Austin Ogg

... could to Prevent her seeing that her scheme succeeded. "Neither Madam; he was a Wine Merchant." "Aye, I knew he was in some such low way—He broke did not he?" "I beleive not Ma'am." "Did not he abscond?" "I never heard that he did." "At least he died insolvent?" "I was never told so before." "Why, was not your FATHER as poor as a Rat" "I fancy not." "Was not he in the Kings Bench once?" "I never saw him there." She gave me SUCH a look, and turned away in a great passion; while I was half delighted with myself for my impertinence, and half afraid of ...
— Persuasion • Jane Austen

... day. Thus the class formerly most stable has become the most restless one. 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 ...
— The Condition of the Working-Class in England in 1844 - with a Preface written in 1892 • Frederick Engels

... the payment of one pound a year each, and if each had given security for 500l., it is obvious that two in each year might become defaulters to that amount, four to half the amount, and so on, without rendering the guarantee fund insolvent. If it be tolerably well ascertained that the instances of dishonesty (yearly) among such persons amount to one in five hundred, this club would continue to exist, subject to being in debt in a bad year, to an amount which it would ...
— Vestiges of the Natural History of Creation • Robert Chambers

... in some 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, have also ...
— A Compilation of the Messages and Papers of the Presidents - Section 1 (of 2) of Volume 3: Andrew Jackson (Second Term) • James D. Richardson

... cruising 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 peculiar against her character was ever alleged. She was considered sober, honest, and peculiarly quiet in her ways; still ...
— The Haunters & The Haunted - Ghost Stories And Tales Of The Supernatural • Various

... mere mention of the possibility of such a thing. Was not here a debt of the State of Arkansas of half a million of dollars? Had not the general government assumed that debt? Had they not employed trust-money? If Arkansas should declare herself insolvent to-morrow, Congress must pay that debt; they had ...
— Memoir of the Life of John Quincy Adams. • Josiah Quincy

... 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 and fifty thousand francs in payment ...
— Repertory Of The Comedie Humaine, Complete, A — Z • Anatole Cerfberr and Jules Franois Christophe

... sufficient title. Not unfrequently, the applicant changed his choice, and migrated from one spot to another. The governor often permitted the issue of rations and implements a second time, to enable indolent or insolvent settlers to till a second heritage.[165] Trade was, however, more agreeable to many emancipists than agriculture. The officers located near them were willing to purchase their petty farms: thus the small holdings were bought up,[166] and the estates of the greater landholders were cleared ...
— The History of Tasmania, Volume I (of 2) • John West

... it has been a very different place from the sink of filth and dirt it once was, even its improved condition holds out but little temptation to the extravagant, or consolation to the improvident. The condemned felon has as good a yard for air and exercise in Newgate, as the insolvent debtor in the Marshalsea Prison. [Better. But this is past, in a better age, and the ...
— The Pickwick Papers • Charles Dickens

... 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 clergyman of ...
— Jude the Obscure • Thomas Hardy

... must add, an increase in other directions. For instance, whereas there had been only seven bankruptcies decreed in Dublin in 1799 there were 125 in 1810. The number of insolvent houses grew in seven years from 880 to 4719. These figures are not random but symptomatic. Mr Pitt had promised to blend Ireland with the capital and industry of Great Britain; he blended them as the edge ...
— The Open Secret of Ireland • T. M. Kettle

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

... 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 ...
— Crowds - A Moving-Picture of Democracy • Gerald Stanley Lee

... nothing when compared with Sir Walter's means, had all his bills on Constable been duly honoured, and had not the printing firm of Ballantyne and Co. been so deeply involved with Constable's house that it necessarily became insolvent when he stopped. Taken altogether, I believe that Sir Walter earned during his own lifetime at least 140,000l. by his literary work alone, probably more; while even on his land and building combined he did not apparently spend ...
— Sir Walter Scott - (English Men of Letters Series) • Richard H. Hutton

... soon as Hamilton became secretary of the treasury, he made Duer assistant secretary, an office which he held with credit until 1790, when he resigned to become the chief of a ring of speculators, who, two years later, left him insolvent and in jail. Hamilton's coalition also furnished the only instance of the political association of himself and Burr, although Burr's support of Yates is said to have been personal rather than political. ...
— A Political History of the State of New York, Volumes 1-3 • DeAlva Stanwood Alexander

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

... provide the means of escape from the 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 society is organised in the usual democratic ...
— The Rural Life Problem of the United States - Notes of an Irish Observer • Horace Curzon Plunkett

... American History, Constitutions, Laws, Land Titles, Cities, Colleges, Army and Navy, Rate of Mortality, Growth of Cities, Insolvent and Assignment Laws, Debts, Rates of Interest, and ...
— Thrilling Narratives of Mutiny, Murder and Piracy • Anonymous

... brethren. We read, for instance, that Sir Godfrey Kneller sometimes received in payment for a portrait a considerable sum in hard cash, with a couple of Rembrandt's thrown in by way of makeweight. Yet now a single specimen of Rembrandt exceeds in value a whole gallery of Knellers. And Rembrandt died insolvent, while Sir Godfrey amassed a fortune! No one will dispute the justice of the reversal of judgment which has taken place; the elevation of Rembrandt at the expense of Kneller. But it may be a question whether George Romney has not been unfairly abased, even though it may be agreed on all hands ...
— Art in England - Notes and Studies • Dutton Cook

... wig or gown connected with the administration of justice. The gentlemen of the bar being barristers and attorneys too (for there is no division of those functions as in England) are no more removed from their clients than attorneys in our Court for the Relief of Insolvent Debtors are, from theirs. The jury are quite at home, and make themselves as comfortable as circumstances will permit. The witness is so little elevated above, or put aloof from, the crowd in the court, that a stranger entering during a pause in the proceedings would find it difficult ...
— American Notes for General Circulation • Charles Dickens

... 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 of miles distant; ...
— The American Quarterly Review, No. 17, March 1831 • Various

... the foundation for another great commonwealth with a unique history. New Jersey was given jointly to Sir George Carteret and Lord Berkeley, and in 1673, Lord Berkeley sold his share, illy-defined as the "southwestern part," to a Quaker named Edward Byllinge. Byllinge soon became insolvent, and his property was taken over by William Penn and two others, as trustees, and the seeds sown for one of the most ...
— American Men of Action • Burton E. Stevenson

... regardin' your father we spoke of the other day, I find, through Doc Carey's helpin' an' some other ways, that your father, Mr. Tank Shirley, was accidentally drowned in Clover Creek, Ohio, some years ago. So far as I can find out, he died insolvent. If I discover anything further, I'll let ...
— Winning the Wilderness • Margaret Hill McCarter

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

... 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 ...
— Encyclopaedia Britannica, 11th Edition, Volume 4, Part 3 - "Brescia" to "Bulgaria" • Various

... gloom 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 non-slaving houses, English and Dutch. The ...
— Two Trips to Gorilla Land and the Cataracts of the Congo Volume 2 • Richard F. Burton

... his poverty that I let him have two louis.' 'If I have been the dupe of a clever comedian,' I said to Bordin, 'so much the worse for him, not for me. But tell me what to do.' 'You must try to get from him a written acknowledgment; for a debtor, however, insolvent he may be, may become solvent, and then he will pay.' Thereupon Bordin took from a tin box a case on which I saw the name of Mongenod; he showed me three receipts of a hundred francs each. 'The next time he comes I shall have him admitted, and ...
— The Brotherhood of Consolation • Honore de Balzac

... characterises the breed of Irishmen 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 ...
— Ireland as It Is - And as It Would be Under Home Rule • Robert John Buckley (AKA R.J.B.)



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



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