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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.






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"Bankruptcy" Quotes from Famous Books



... district courts embraces criminal cases, admiralty cases, bankruptcy proceedings, suits for penalties, and the like. In general, the jurisdiction of cases formerly in the circuit courts was transferred to the district courts when the circuit ...
— Our Government: Local, State, and National: Idaho Edition • J.A. James

... by no other 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 ...
— Albert Gallatin - American Statesmen Series, Vol. XIII • John Austin Stevens

... they'd fight to defend me. God knows there are better men than we are that would be killed right and left if we stayed, and 'twould be no use, for the Gentile numbers would overpower us. 'Tain't no use. When I found to-day that there wasn't a chance of staving off the bankruptcy I sent Emmar and the children and Rigdon's folks off in a close waggon after sundown. Rigdon's rid off by another road, and I've got my horse ready and ought to be gone. And there ain't a man in Kirtland as will know which way we've gone by to-morrow, ...
— The Mormon Prophet • Lily Dougall

... on the verge of bankruptcy will do better to marry a poor and sensible wife than a rich and stupid one. Well, here we are at the tenth milestone. I will walk the remainder of the distance to Knollsea, as there is ample time ...
— The Hand of Ethelberta • Thomas Hardy

... had weathered a storm which at one time threatened to interfere seriously with its steady growth, and the year 1914 found it at a formidable climax of strength and efficiency. The war with Russia had left the nation on the verge of bankruptcy and the annual budgets from 1907 to 1910 contained no appropriations for naval increases. The lull in naval construction, however, was of short duration. The wisest statesmen realized, from the time when Japan first emerged from her Oriental ...
— The Story of the Great War, Volume III (of VIII) - History of the European War from Official Sources • Various

... I said, "I have too many griefs imprisoned in this aching bosom to be much put out by the ordinary 'Horrid Hoax.' But you have compromised my reputation. I promised to meet Hohenfels at Marly: children, bankruptcy stares ...
— Lippincott's Magazine of Popular Literature and Science, Vol. XII. No. 30. September, 1873 • Various

... you mean to say. The treasures which were wasted on convent-chapels and shrines, have saved us from bankruptcy; and God will look down with favor upon the sacrifice which dead superstition has made to living love, and will bestow a blessing upon the work of my hands! True, those heroes of darkness, the monks and priests, will cry Anathema! and the earth will ...
— Joseph II. and His Court • L. Muhlbach

... King had died; Louis XVI now reigned. The inertia which marked the brilliant decadence of the Bourbon monarchy was finally overcome. The new social forces were partly emancipated. Facts were examined, and their significance considered. Bankruptcy was no longer a threatening phantom, but a menacing reality of the most serious nature. Retrenchment and reform were the order of the day. Necker was trying his promising schemes. There was, among them, one for a body consisting ...
— The Life of Napoleon Bonaparte - Vol. I. (of IV.) • William Milligan Sloane

... my half-crown fund (which will be equal to anything by the time it is wanted) I charge once and for ever the general relief of all these arrears—of the poverty, the loss, the bankruptcy, arising by reason of this quietus of final extinction applied to war. I charge the fund with a perpetual allowance of half-pay to all the armies of earth; or indeed, whilst my hand is in, I charge it with full pay. And I ...
— Narrative And Miscellaneous Papers • Thomas De Quincey

... the chances of life in his efforts to repay the loan. If he is a farmer, he has to run the risk of the fickle elements. Rains may drown, droughts may burn up his crops. If a merchant, he encounters all the hazards of trade; the bankruptcy of other tradesmen; the hostility of the elements sweeping away agriculture, and so affecting commerce; the tempests that smite his ships, etc. If a mechanic, he is still more dependent upon the success of all above him, and the mutations of commercial prosperity. ...
— Caesar's Column • Ignatius Donnelly

... has been searching the past for the secret of our success. Very soon everybody may be searching the past for the secret of our failure. They may be talking in such terms as they use after a motor smash or a bankruptcy; where was the blunder? They may be writing such books as generals write after a military defeat; whose was the fault? The failure will be assumed even ...
— The New Jerusalem • G. K. Chesterton

... we spend more than our daily allowance of vital force, "nervous bankruptcy," that is, nervous prostration or neurasthenia will be ...
— Nature Cure • Henry Lindlahr

... put back the chalk and studied the easy shot which was all that stood between him and victory, between Birralong and bankruptcy; and another hum, half curse, half gasp, travelled round the room and out of the open doors and windows, out to where the countless myriads of hungry, stridulating insects sung and chirped and buzzed, careless of the human anguish ...
— Colonial Born - A tale of the Queensland bush • G. Firth Scott

... hardly believe that he heard aright. This was the man who had been driven by his grasping spirit into bankruptcy, and utterly ruined. The thought again flashed through his mind, and sent the blood burning to his face. Pride for a moment tempted him to refuse the offered kindness; but there was too much at stake—he could not do it. While the act of Layton heaped coals of fire upon his head, he had no ...
— Lessons in Life, For All Who Will Read Them • T. S. Arthur

... signed by Herresford!" cried Swinton, hotly. "This is some sardonic jest, in keeping with his donation of a thousand dollars to the Mission Hall, given with one hand and taken away with the other. It nearly landed me in bankruptcy." ...
— The Scarlet Feather • Houghton Townley

... literary manner and choice of subjects was marked by his sending home from abroad, in the season of 1874-75, two plays, "The Editor" and "A Bankruptcy." It was two years later that Ibsen sent home from abroad "The Pillars of Society," which marked a similar turning point in his artistic career. It is a curious coincidence that the plays of modern life produced during this second period ...
— Bjoernstjerne Bjoernson • William Morton Payne

... I do not, I am a villain. After all, there are not two sides to this question; there is only one; and you may trust an overclean man to be an authority on the evil effects of bathing, upon mind, body, and estate; just as the grogbibber is our highest authority on headaches, fantods, and bankruptcy. ...
— Such is Life • Joseph Furphy

... editions of some of our elder poets, which are now eagerly sought after; yet, though all his publications were of the best kinds, and are now of increasing value, the taste of Tom Davies twice ended in bankruptcy.' See post, ...
— Life Of Johnson, Vol. 3 • Boswell, Edited by Birkbeck Hill

... into the mind of his son sound wisdom and business precepts was Cohen senior's earnest endeavor. He taught his offspring much, including the advantages of bankruptcy, failures, and fires. "Two bankruptcies equal one failure, two failures equal one fire," etc. Then Cohen junior ...
— Best Short Stories • Various

... sound merchant, the competitor set about ruining his adversaries in order to get rid of all rivalry. With his connivance, the Lorrains borrowed money on notes, which they were unable to meet, and which drove them in their old days into bankruptcy. Pierrette's claim upon the house in Nantes was superseded by the legal rights of her grandmother, who enforced them to secure the daily bread of her poor husband. The house was sold for nine thousand five hundred francs, of which one thousand five hundred went for costs. The remaining eight thousand ...
— Pierrette • Honore de Balzac

... Towers—"Mary Towers," as he called her—and to tell me how "Towers" deserved to be kicked, and whipped at the cart's tail. "Why, she's the best and most beautiful woman in England, and as sharp as a needle! If it hadn't been for her, he'd have been in the bankruptcy court long ago," etc. "There's not a duchess in England that's fit to hold the candle to her, either for looks or brains, or breedin' either. Her mother (the loveliest woman that ever lived, except Mary) was a connection of mine; that's where ...
— Peter Ibbetson • George du Marier et al

... I am out of my teens. I have been very much in love; but now I am come to years of discretion, and must think, like other people, of settling myself advantageously. He was in love with a banker's daughter, and cast her off at her father's bankruptcy, and the poor girl has gone to hide herself in some ...
— Crotchet Castle • Thomas Love Peacock

... topmost drawer in the writing-table and taken out half a dozen red-backed books and a bundle of bills. "The fact remains that we shall have to spend at least a hundred a year less than we calculated if we want to keep out of the Bankruptcy Court. I don't know how it is, but I seem to have given the money for half these bills, and yet here they are again! I was perfectly horrified to see them. This coal bill, for instance,—I remember distinctly giving you two sovereigns one morning just ...
— More about Pixie • Mrs. George de Horne Vaizey

... shivered, and kept wondering why there was no clause in the city charter prescribing a minimum of common sense for presidents of the Board of Education. A man thus qualified would know more than to suggest an increase of three million dollars for school sittings. The city's comptroller was crying bankruptcy; the newspapers were asserting that the mayor's nephew was head of a favoured contracting firm not entirely for his health; and the Board of Education wanted three million dollars. The mayor had a touch of fever. ...
— The Patient Observer - And His Friends • Simeon Strunsky

... Prometheus chained to the rocks of trade with the vulture pay-roll gnawing at his profits; the OEdipos in the factory who sees everything gone horribly awry; or the slow pilgrim through the business hell with all the infernal variations of bankruptcy, strikes, ...
— The Cup of Fury - A Novel of Cities and Shipyards • Rupert Hughes

... doors knocked into windows; a dozen squares of glass into one; one shopman into a dozen; and there is no knowing what would have been done, if it had not been fortunately discovered, just in time, that the Commissioners of Bankruptcy were as competent to decide such cases as the Commissioners of Lunacy, and that a little confinement and gentle examination did wonders. The disease abated. It died away. A year or two of comparative tranquillity ensued. Suddenly it burst out again amongst the chemists; ...
— Sketches by Boz - illustrative of everyday life and every-day people • Charles Dickens

... be war," said the judge's son, "always when one people determines to strike at another people—even if it brings bankruptcy." ...
— The Last Shot • Frederick Palmer

... 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, with marriageable daughters. ...
— Little Journeys to the Homes of the Great, Volume 5 (of 14) • Elbert Hubbard

... a virtuous vulgar dowd is preferable to a wicked winsome witch of refined habits and person, and I should probably have gone quietly on to bankruptcy without any row or rupture, but for Burker. Having been bred in a "gentle" home I naturally took the attitude of "as you please, my dear Dolores" and refrained from bullying when quiet indication of the inevitable end completely ...
— Driftwood Spars - The Stories of a Man, a Boy, a Woman, and Certain Other People Who - Strangely Met Upon the Sea of Life • Percival Christopher Wren

... spirits. And while this execution is going on in one part of the street, Charles, Richard, and Hare are alternatively holding a bank of 3,000 pounds ostensible, and by which they must have got among them near 2,000. Lord Robert since his bankruptcy, and in consideration of his party principles, is admitted, as I am told, to some ...
— George Selwyn: His Letters and His Life • E. S. Roscoe and Helen Clergue

... 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) and so establish, against any claim ...
— The Woman Thou Gavest Me - Being the Story of Mary O'Neill • Hall Caine

... 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 ...
— If Not Silver, What? • John W. Bookwalter

... Finsbury leather trade, had been cut to the quick; even Morris's strong sense of duty to himself was not strong enough to dally within those walls and under the shadow of that bankruptcy; and presently the manager and the clerks would draw a long breath, and compose themselves for another day of procrastination. Raw Haste, on the authority of my Lord Tennyson, is half-sister to Delay; but the Business Habits are certainly her uncles. Meanwhile, the leather merchant ...
— The Wrong Box • Robert Louis Stevenson and Lloyd Osbourne

... my dear, I did. I've only been a silent partner for years—and that in a very small way. But I regret to say that the young asses who have been running it have got into trouble. And they propose going into bankruptcy, confound them! It is very annoying," Lloyd Pryor ...
— The Awakening of Helena Richie • Margaret Deland

... week of October, 1917, Novaya Zhizn published the following comparative table of election results, pointing out that this meant the bankruptcy of the policy of Coalition with the propertied classes. If civil war can yet be avoided, it can only be done by a united front of all ...
— Ten Days That Shook the World • John Reed

... purchaser who would take them without separating them, and he was determined not to sell them till he could. In the case both of the woman and of the two boys, their sale to the dealer had been caused by the bankruptcy of the owner. The woman had a husband, but having a different master, he retained his place, and his master promised that when his wife got a new home he would send him to ...
— First Impressions of the New World - On Two Travellers from the Old in the Autumn of 1858 • Isabella Strange Trotter

... issue on one side, I could take up and consider in an equable manner certain considerations I had scarcely dared to think of before, namely, those arising out of the circumstances of my bankruptcy. But now, looking at this matter calmly and at leisure, I could see that if only I suppressed my identity by a temporary assumption of some less well-known name, and if I retained the two months' beard that ...
— The First Men In The Moon • H. G. Wells

... into those of their debtors. To this must be added an equal sum for revenue and capital arising from the tithes which are suppressed without compensation, and by the same stroke.—This is the commencement of the great revolutionary operation, that is to say, of the universal bankruptcy which, directly or indirectly, is to destroy all contracts, and abolish all debts in France. Violations of property, especially of private property, cannot be made with impunity. The Assembly desired ...
— The Origins of Contemporary France, Volume 2 (of 6) - The French Revolution, Volume 1 (of 3) • Hippolyte A. Taine

... complaining of the hardship of his treatment in being torn from his family and his art, after devoting the best years of his life to the honour of his country. But as the creditors cared nothing for the honour of the country, he was compelled to pass through the Bankruptcy Court, and on July 25 he regained his freedom. It was now his desire to return to his dismantled house, and, without a bed to lie upon, or a shilling in his pocket, to finish his gigantic 'Crucifixion.' ...
— Little Memoirs of the Nineteenth Century • George Paston

... expressed in the first portion of the Memorandum that bankruptcy was the rock on which the Peking administration must sooner or later split, and that the moment which Japan must seize is the outbreak of insurrections, is also highly instructive in view of what happened ...
— The Fight For The Republic In China • B.L. Putnam Weale

... convenient too would be such a rapid intercourse between London and country bankers, in regard to balances, advances, and money transactions; how desirable in law business between London and country practitioners; and how important in cases of bankruptcy or insolvency! In family concerns, notices of deaths, births, accidents, progressive sickness, &c. it would often be deeply interesting. The state of elections, the issues of lawsuits, determinations of the legislature, questions for answers, and numberless ...
— A Morning's Walk from London to Kew • Richard Phillips

... beginning to face some of the stern realities of life. He worked hard; but the black cloud of ruin came nearer and nearer. Other difficulties were added to those they already had to face, and finally, in 1818, the brothers were obliged to go into bankruptcy. ...
— Four Famous American Writers: Washington Irving, Edgar Allan Poe, • Sherwin Cody

... educated, had a business which was beginning to be in a bad way. Fauchelevent had seen this simple workman grow rich, while he, a lawyer, was being ruined. This had filled him with jealousy, and he had done all he could, on every occasion, to injure Madeleine. Then bankruptcy had come; and as the old man had nothing left but a cart and a horse, and neither family nor ...
— Les Miserables - Complete in Five Volumes • Victor Hugo

... moment when the increasing and unmanageable deficit brought national bankruptcy and confusion to the very door of the state, a course of angry and mercenary pamphleteering on Finance, while connecting him with discontented men of wealth and influence, willing, jointly with the police, to hire or use his ready pen, forced on him education in another important, ...
— Harper's New Monthly Magazine, Volume 1, No. 3, August, 1850. • Various

... and then turned him out of school to begin that career of private enterprise we have compactly recorded. France achieved similar imbecilities; Germany was, if possible worse; Russia under the waste and stresses of militarism festered towards bankruptcy and decay. All Europe was producing big guns and countless swarms of little Smallways. The Asiatic peoples had been forced in self-defence into a like diversion of the new powers science had brought them. On the eve of the outbreak of the war there ...
— The War in the Air • Herbert George Wells

... than of philosophy and reflection. His mind struck deep root in the past; his local attachments and family pride were intense. Abbotsford was his darling, and the expenses of this domain and of the baronial hospitality which he there extended to all comers were among the causes of his bankruptcy. The enormous toil which he exacted of himself, to pay off the debt of 117,000 pounds, contracted by the failure of his publishers, cost him his life. It is said that he was more gratified when the Prince Regent created him a baronet, ...
— Brief History of English and American Literature • Henry A. Beers

... war, London was raising another building on the spot consecrated by centuries of prayer and praise; and that as the result of the treaty of peace, their national religion was assured, while the metropolis might continue to extend her commerce without fear of disaster and bankruptcy.[66] ...
— Bell's Cathedrals: The Cathedral Church of St. Paul - An Account of the Old and New Buildings with a Short Historical Sketch • Arthur Dimock

... 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 ...
— History Of Friedrich II. of Prussia, Volume V. (of XXI.) • Thomas Carlyle

... sequence of 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 paid the reckoning ...
— An Inquiry Into The Nature Of Peace And The Terms Of Its Perpetuation • Thorstein Veblen

... pecuniary habit of mind upon the growth of institutions is seen in those enactments and conventions that make for security of property, enforcement of contracts, facility of pecuniary transactions, vested interests. Of such bearing are changes affecting bankruptcy and receiverships, limited liability, banking and currency, coalitions of laborers or employers, trusts and pools. The community's institutional furniture of this kind is of immediate consequence only to the ...
— The Theory of the Leisure Class • Thorstein Veblen

... in himself. Since their college days, he had always placed himself second, while setting Claude very high on fame's ladder—on the same rung, indeed, as the masters who revolutionise a period. Then he had been grievously affected by that bankruptcy of genius; he had become full of bitter, heartfelt pity at the sight of the horrible torture of impotency. Did one ever know who was the madman in art? Every failure touched him to the quick, and the more a picture or a book verged upon aberration, ...
— His Masterpiece • Emile Zola

... faculty. It would be a hard question to tell what Gould is worth. I know men who believe that he is to-day the richest citizen in New York. I know others who are confident that he is not worth over one million, and others who are certain that he is on the eve of bankruptcy, but this last ...
— Hidden Treasures - Why Some Succeed While Others Fail • Harry A. Lewis

... independent career for his son, if it were possible. Commerce, for example! Yes! there was a future in commerce. As a proof of it there was the grocer opposite him, a simpleton who probably did not put the screws on enough and had just hanged himself rather than go into bankruptcy. M. Violette would gladly see his son in business. If he could begin with M. Gaufre? Why not? The young man might become in the end his uncle's partner and make his fortune. M. Violette ...
— A Romance of Youth, Complete • Francois Coppee

... understood at the time, were confined to the mercantile class, bankers, and brokers; and since the regulation of commerce, foreign and inter-state, was to be placed under the sole charge of the General government, it was necessary that bankruptcy should be included. The subject of patents is placed under the General government, though the patent is a private right, because it was the will of the convention that the patent should be good in all the States, ...
— The American Republic: Its Constitution, Tendencies, and Destiny • A. O. Brownson

... good type of the woman "you have seen at Barcelona." Intelligent, haughty, whole-souled, sentimental and sympathetic, she was nevertheless smitten by the dry Ferdinand du Tillet, who sought her hand in marriage at one time, but forsook her when he learned of the bankruptcy of the Aldrigger family. The lawyer Desroches also considered asking the hand of Malvina, but he too gave up the idea. The young girl was counseled by Eugene de Rastignac, who took it upon himself to see that she ...
— Repertory Of The Comedie Humaine, Complete, A — Z • Anatole Cerfberr and Jules Franois Christophe

... firm. She ought to be interested in all the losses and gains of shop and store. She ought to have a right—she has a right—to know everything. If a man goes into a business transaction that he dare not tell his wife of, you may depend that he is on the way either to bankruptcy or moral ruin. There may be some things which he does not wish to trouble his wife with; but if he dare not tell her, he is on ...
— The Wedding Ring - A Series of Discourses for Husbands and Wives and Those - Contemplating Matrimony • T. De Witt Talmage

... frauds, I feel the meanest!" groaned Gwen. "Beatrice will think me a perfect miser, hoarding up my money and not willing to spend a farthing on anybody! If she only knew the bankruptcy of my box! Was any wretched girl ever in such a fix? Oh! Gwen Gascoyne, you've got yourself into an atrocious mess altogether, and I don't see how you're ever going ...
— The Youngest Girl in the Fifth - A School Story • Angela Brazil

... we have the exemption law which secures to the debtor the food necessary for his family and the tools by which he makes his living. Christ's doctrine has been applied further still; we have the bankruptcy law which gives a new lease of life to an insolvent debtor if his failure is without criminal fault on his part. By turning over to his creditors all the property he has above exemptions he can go forth from court ...
— In His Image • William Jennings Bryan

... worst. Such a spirit of non-resistance would mean the overthrow of all security, and the reversion to wild lawlessness. It is an utter travesty of Christ's teaching. Extremes meet. Violence and servility join hands. Anarchism and Tolstoyism reveal the total bankruptcy of ...
— Christianity and Ethics - A Handbook of Christian Ethics • Archibald B. C. Alexander

... as a sinner: I want some sort of release from my past transgressions that will give me a new start. I have gotten behind; I am borrowing money to pay interest with, and I see no way out. I must have a spiritual bankruptcy law. Somebody must come in to my relief, or I am everlastingly undone. And so I preach this blest doctrine of the Book of God: "By grace are ye saved, through faith, and that not of yourselves: it (the salvation) is the gift of God." I take salvation as ...
— The world's great sermons, Volume 8 - Talmage to Knox Little • Grenville Kleiser

... economy expanded by about 4% - most forecasters expect similar growth in 2000. Beginning in 1999 the baht stabilized and inflation and interest rates began coming down. The CHUAN government has cooperated closely with the IMF and adhered to its mandated recovery program, including passage of new bankruptcy and foreclosure laws. The regional recovery boosted exports, while fiscal stimulus buoyed domestic demand. While slow progress has been made in recapitalizing the financial sector, tough measures - such as implementing a privatization plan and forcing the private sector to restructure ...
— The 2000 CIA World Factbook • United States. Central Intelligence Agency.

... the United States, yet even here the ethical standard of the South was not able to maintain itself against the demands of the cotton industry. When, after 1850, the price of slaves had risen to a monopoly height, the leaders of the plantation system, brought to the edge of bankruptcy by the crude and reckless farming necessary under a slave regime, and baffled, at least temporarily, in their quest of new rich land to exploit, began instinctively to feel that the only salvation of American slavery lay in the ...
— The Suppression of the African Slave Trade to the United States of America - 1638-1870 • W. E. B. Du Bois

... is inconvenient; that is, it is the moral character that breaks down. But this puts an infinitely worse face on the matter, and suggests, beside, that probably not even the other three succeed in saving their souls, but are perchance bankrupt in a worse sense than they who fail honestly. Bankruptcy and repudiation are the springboards from which much of our civilization vaults and turns its somersets, but the savage stands on the unelastic plank of famine. Yet the Middlesex Cattle Show goes off here with eclat annually, as if all the joints ...
— Walden, and On The Duty Of Civil Disobedience • Henry David Thoreau

... privy purse is entirely exhausted, but there is also no money in the state and district treasuries. Gold and silver seem to have wholly disappeared; stocks and commercial paper are depreciating every day, and the bankruptcy of ...
— Napoleon and the Queen of Prussia • L. Muhlbach

... whether he would hold to the principle of tolerance embodied in the Edict of Nantes, or do the work of fanaticism and priestly ambition. The one course meant prosperity, progress, and the rise of a middle class; the other meant bankruptcy and the Dragonades,—and this was the King's choice. Crushing taxation, misery, and ruin followed, till France burst out at last in a frenzy, drunk with the wild dreams of Rousseau. Then came the Terror and the Napoleonic ...
— A Half Century of Conflict - Volume I - France and England in North America • Francis Parkman

... forgotten his bridge long before it was taken down. His soul was engrossed by the contemplation of the wonderful event which was daily developing itself in France. Bankruptcy had brought on the crisis. In August, 1788, the interest was not paid on the national debt, and Brienne resigned. The States-General met in May of the next year; in June they declared themselves ...
— Atlantic Monthly, Vol. IV, No. 26, December, 1859 • Various

... must be said that while Nicanor and Pasion have been honorable and justly esteemed men, many of their colleagues have been rogues. Many a "table" has been closed very suddenly, when its owner absconded, or collapsed in bankruptcy, and the unlucky depositors and creditors have been left penniless, during the "rearrangement of the tables," ...
— A Day In Old Athens • William Stearns Davis

... to render without extenuation the impressions received: of dignity, plenty, and peace at Malie, of bankruptcy and distraction at Mulinuu. And I wish I might here bring to an end ungrateful labours. But I am sensible that there remain two points on which it would be improper to be silent. I should be blamed if I did not indicate a practical conclusion; and I should blame myself if I did not do a little ...
— The Works of Robert Louis Stevenson - Swanston Edition Vol. 17 (of 25) • Robert Louis Stevenson

... changed her address, she took no notice of the mason's repeated applications. "Turpsichor" had then been sold cheap to a man who had started a tea-garden, in the vain hope of reviving the glories of those forgotten institutions; when he had drifted into bankruptcy, she had been knocked down for a song to a second-hand shop, where she had been bought for next to nothing by Mr Poulter as "the very thing." Now she stood in the entrance hall of the academy, where, it can truthfully ...
— Sparrows - The Story of an Unprotected Girl • Horace W. C. Newte

... petition in bankruptcy was filed late yesterday afternoon against Hyman Maimin, 83 West Tonawanda Street, Syracuse. It is claimed that he transferred assets to the amount of eight thousand dollars last week. Mr. Maimin says that he has been doing business at a heavy loss of late, but that he hopes to be ...
— Abe and Mawruss - Being Further Adventures of Potash and Perlmutter • Montague Glass

... [43] Fraudulent bankruptcy is a sore and prevailing evil. It is thieving under the protection of the law. How many live in state, until their creditors get a few shillings in the pound, and the bankrupt gets the curse ...
— The Works of John Bunyan • John Bunyan

... dilapidated clothes; and some seem gaunt and pale with hunger—the speculators, and thieving quartermasters and commissaries only, looking sleek and comfortable. If this state of things continue a year or so longer, they will have their reward. There will be governmental bankruptcy, and all their gains will turn to dust ...
— A Rebel War Clerk's Diary at the Confederate States Capital • John Beauchamp Jones

... license if they would share half the profits of the trip with him and take along two of his servants as auditors of the returns. One can imagine the indignation of the dauntless explorers at this answer. Their cargo of furs the preceding year had saved New France from bankruptcy. Offering to venture their lives a second time for the extension of the French domain, they were told they might do so if they would share half the profits with an avaricious governor. Their answer was ...
— Pathfinders of the West • A. C. Laut

... had narrowing majorities. What will the House do as to the Lords' amendments on the Bankruptcy Bill?" There was a Bill that had gone down from the House of Commons, but had not originated with the Government. It had, however, been fostered by Ministers in the House of Lords, and had been sent back ...
— The Prime Minister • Anthony Trollope

... hope. Fifty years ago nobody would listen to a gospel of rebellion, and such a great man as Carlyle was actually preaching that to labour is to pray. To-day men are ready to lay down their working tools and listen to any insurrectionist, so aware has mankind become of an impending spiritual bankruptcy. Never in any preceding generation has the young man standing on the threshold of life felt more unsettled. His unsettlement has frequently turned to frenzy and anarchy in individual cases. Never has he cast his eyes about more desperately for a way of redemption or a spiritual ...
— A Tramp's Sketches • Stephen Graham

... with superhuman powers to walk the earth, to administer His justice and to 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, ...
— Edmond Dantes • Edmund Flagg

... reported that he was in a position of pecuniary embarrassment, owing to the failure of a mercantile house with which he had been intimately connected. Whispers affecting his own solvency had followed on the bankruptcy of the firm. He had already endeavoured to obtain advances of money on the usual conditions, and had been met by excuses for delay. His friend had now arrived with a letter of introduction to a capitalist, well known in commercial circles for ...
— Stories by English Authors: England • Various

... between the wholesale and retail prices is often enough to make successful a lecture course which would have otherwise died prematurely of bankruptcy. Where a meeting cannot live on the collection, the book sales may mean financial salvation. The morning we sold $220 of books at the Garrick we also took a collection of $80. Without the book sales $80 would have been the total receipts, and this collection was normal. Yet the Garrick ...
— The Art of Lecturing - Revised Edition • Arthur M. (Arthur Morrow) Lewis

... though he might show little kindliness or honesty in dealing with the poorer class of borrowers, he was respected and absolutely reliable in regard to money. It was not unusual for people to place their money in a rich Bania's hands without interest, even paying him a small sum for safe-keeping. Bankruptcy was considered disgraceful, and was visited with social penalties little less severe than those enforced for breaches of caste rules. There was a firm belief that a merchant's condition in the next world depended on the discharge ...
— The Tribes and Castes of the Central Provinces of India - Volume II • R. V. Russell

... and lonely life he had lived since his father, a poor gentleman of good family, had died in exile at Boulogne. Really, his father, a stout but impecunious horse-dealer of the name of Budgett, certainly in exile at Boulogne owing to a standing difference with the bankruptcy laws of his country, was alive still. But Arthur was very fond of himself, and once in the mood of self-pity, he could invent pathetic anecdote after pathetic anecdote of his privations which would have touched the heart of a hardened grandmother, much more of a susceptible girl. She fell ...
— The Admirable Tinker - Child of the World • Edgar Jepson

... interest in the affair that their advertising matter might decrease; Mr. Sherrill's great department store, for instance, did not approve of this sort of agitation. Certain stationers, booksellers and other business men had got "cold feet," as Mr. Jason put it, the prospect of bankruptcy suddenly looming ahead of them,—since the Corn National ...
— The Crossing • Winston Churchill

... announce in precise and solemn terms the convocation of the States-General in 1789, that bankruptcy might be averted and the national honour saved. Said he: "The year in which the king assembles the nation will be the finest in his life. Everybody knows that he has been deceived, and could not help being ...
— The World's Greatest Books, Vol X • Various

... affect you and Mary," he wrote. "I may as well tell you now that all the Five Elms money has been reinvested, and is safe. As for myself, I can assure you that, after the appalling anxiety of the last ten years, the thought of bankruptcy is a ...
— Mary Olivier: A Life • May Sinclair

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

... attention. Of the reasonableness of their complaints no man could doubt who knew their situation. Rents were paid from the capital of the farmer; and numbers of tenants had already been driven from their farms in bankruptcy and beggary. The capital of others, also, was daily extorted from them to meet their current expenses; and when that capital was exhausted they, too, must go forth ruined men. It had been said, "Reduce your rents, and you will remove the mischief," But this ...
— The History of England in Three Volumes, Vol.III. - From George III. to Victoria • E. Farr and E. H. Nolan

... consideration, to say nothing of trials and failures in the effort to gain business experience, the age of these enterprises must be counted a creditable showing. And it is a good recommendation to the commercial world that the Negro has not made a reputation for bankruptcy assignments. When one reflects that nearly all of these proprietors and promoters have migrated to New York City from less progressive communities and that the chances to get experience in a well-established business before ...
— The Negro at Work in New York City - A Study in Economic Progress • George Edmund Haynes

... They could not dine without me; they could not sup without me; they could not get drunk without me; no pleasure was sweet but in my company. What mattered it that, while I ministered to their amusement, I was necessarily heaping debt upon debt—accumulating miseries for future years—laying up bankruptcy, and care, and shame, and a broken heart, and an early death? But listen, Constance! Are you listening?—attentively?—Well! note now, I am a just man. I do not blame my noble friends, my gentle patrons, for this. No: if I were forgetful of my interests, if I preferred their pleasure ...
— Godolphin, Complete • Edward Bulwer-Lytton

... also know 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

... asked why he did not allow his operas to be performed at that institution, he answered:—"Je ne fais pas donner des operas sans choeur, sans orchestre, sans chanteurs, et sans decorations." The Opera-Comique had indeed been suffering from bankruptcy; still, whatever its shortcomings were, it was not altogether without good singers, in proof of which assertion may be named the tenor Chollet, Madame Casimir, and Mdlle. Prevost. But it was at the Italian Opera that a constellation ...
— Frederick Chopin as a Man and Musician - Volume 1-2, Complete • Frederick Niecks

... more: he sat up all night over the books; and his heart died with him. Bankruptcy seemed coming towards him, slow perhaps, but sure. And meantime to live with the sword hanging over ...
— Hard Cash • Charles Reade

... divulged which passed between them on these matters, and he might repose the same confidence in us. As to the formation of the Household, the Queen made two conditions, viz. that the persons to compose her Court should not be on the verge of bankruptcy, and that their moral character should bear investigation. On the Queen's accession Lord Melbourne had been very careless in his appointments, and great harm had resulted to the Court therefrom. Since her marriage I had insisted upon a closer ...
— The Letters of Queen Victoria, Vol 2 (of 3), 1844-1853 • Queen Victoria

... author proceeds to assess the social and ethical conditions which threaten the world with spiritual bankruptcy. As he says: ...
— When Winter Comes to Main Street • Grant Martin Overton

... is 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 of the heart." ...
— Clotel; or, The President's Daughter • William Wells Brown

... took place a day or two later in his little study in 29, Turner Street, Commercial Road, a wee room overflowing with books, in which he looked singularly out of place. Later I learned that he had failed in business in consequence of Christian persecution, and, resolute to avoid bankruptcy, he had sold everything he possessed, save his books, had sent his wife and daughters to live in the country with his father-in-law, had taken two tiny rooms in Turner Street, where he could live for a mere trifle, ...
— Annie Besant - An Autobiography • Annie Besant

... change, except in its details; he would finish his course at the school, receive a church, and pursue with moderate success his task of holding a parish up to certain ideals. The death of the uncle who was paying his way, following his bankruptcy, brought Wilson to a halt from even this slow pace. At first he had been stunned by this sudden order of Fate. His house-bleached fellows had gathered around in the small, whitewashed room where he had had so many tough struggles with Greek roots and his Hebrew grammar. ...
— The Web of the Golden Spider • Frederick Orin Bartlett

... Deans," said Saddletree, "is ca'd sequestering a witness; but it's clean different (whilk maybe ye wadna fund out o' yoursell) frae sequestering ane's estate or effects, as in cases of bankruptcy. I hae aften been sequestered as a witness, for the Sheriff is in the use whiles to cry me in to witness the declarations at precognitions, and so is Mr. Sharpitlaw; but I was ne'er like to be sequestered o' land and gudes but ance, and that ...
— The Heart of Mid-Lothian, Complete, Illustrated • Sir Walter Scott

... to its depths the young republic of the New World. The first scene in this dramatic affair occurred in the spring of 1789, a few days after Washington was inaugurated. The king of France, Louis XVI, driven into bankruptcy by extravagance and costly wars, was forced to resort to his people for financial help. Accordingly he called, for the first time in more than one hundred fifty years, a meeting of the national parliament, the "Estates General," composed of representatives ...
— History of the United States • Charles A. Beard and Mary R. Beard

... the truth would be to say that an American is really not ashamed of curiosity. It is not so simple as it looks. Men will carry off curiosity with various kinds of laughter and bravado, just as they will carry off drunkenness or bankruptcy. But very few people are really proud of lying on a door-step, and very few people are really proud of longing to look through a key-hole. I do not speak of looking through it, which involves questions of ...
— What I Saw in America • G. K. Chesterton

... lose and nothing to gain by war, and who have already, in their groaning, tax-burdened people, a sufficient reminder of the folly and criminality of war? They have not money for another war, which would bring on the dangers of bankruptcy and the ...
— Buchanan's Journal of Man, May 1887 - Volume 1, Number 4 • Various

... in your money. In fifteen years this money was to be paid, with interest. On the twentieth of November, this year, the people of Graustark must pay 25,000,000 gavvos. The time is at hand, and that is why we recall the war so vividly. It means the bankruptcy of ...
— Graustark • George Barr McCutcheon

... complicate matters, there 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 his own shoulders. Hence his resources were in a crippled condition, ...
— The Historical Nights' Entertainment • Rafael Sabatini

... said Mr Wilkins when they came to talk of ordinary matters, "God has mingled mercy with my sorrows. My business has indeed been ruined, and I have passed through the bankruptcy court; but I am by no means so unfortunate as hundreds of people who have been reduced to absolute poverty by this crash. You remember my brother James—Uncle Jimmy? well, he has got a flourishing business in the West Indies. For some years ...
— Philosopher Jack • R.M. Ballantyne

... rates, 2 pounds 13s. 9d.; poor rates, 18 pounds; making a total to be paid of 36 pounds 12s. 9d.! The failure of the harvest that year added also to the general distress so that the nation might have been said to have been on the very eve of bankruptcy. So bad was the flour in 1816, and so scanty the supply, that everybody seemed occupied in hunting up and inventing new modes of preparing it for consumption, as well as appropriating unheard of articles as food. I recollect ...
— Recollections of Old Liverpool • A Nonagenarian

... the Count de Moustier but one hour ago. But I did not speak to him of the Almighty, because he is an atheist. Yet if we were prudent and merciful it was because we are religious. When men are irreligious, the Lord forsakes them; and if bloodshed and bankruptcy follow it is not to be ...
— The Maid of Maiden Lane • Amelia E. Barr

... gradual: but religion, if it is to be a reality, means in the end the establishment of vital personal relations with the living Christ. It means the acceptance of His challenge, self-surrender to His appeal, the combination of an acknowledged desire to serve Him with acknowledged impotence and bankruptcy before GOD. ...
— Religious Reality • A.E.J. Rawlinson

... home and enjoy in peace the glory it has earned them. Besides, the risk of death for each soldier becomes a certainty if the fighting goes on for ever: he hopes to escape for six months, but knows he cannot escape for six years. The risk of bankruptcy for the citizen becomes a certainty in the same way. Now what does this ...
— Back to Methuselah • George Bernard Shaw

... if then, perchance, Genoa should be freed, Sacco will be hailed his country's savior. Let no one trick out to me the threadbare tale of honesty, if the fate of empires hang on the bankruptcy of a prodigal and the lust of a debauchee. By heaven, Sacco, I admire the wise design of Providence, that in us would heal the corruptions in the heart of the state by the vile ulcers on its limbs. Is ...
— The Works of Frederich Schiller in English • Frederich Schiller

... 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 ...
— The Story of My Life - Being Reminiscences of Sixty Years' Public Service in Canada • Egerton Ryerson

... in this war. In the fall of 1832 he was a candidate for the legislature, but was defeated. He then opened a store with a partner named Berry. Lincoln was made postmaster, but Berry proved a drunkard and spendthrift, bringing the concern to bankruptcy, and soon after died, to fill a drunkard's grave, leaving Lincoln to pay all the debts. But during all this time Lincoln had been improving his spare moments learning surveying, and for the next few years he ...
— Hidden Treasures - Why Some Succeed While Others Fail • Harry A. Lewis

... steady light in her soft expressive eyes and when she had listened to his ardent declaration of love calmly replied:—"Hubert Tracy I will be your wife but only on these conditions—you will save my father from bankruptcy and ruin. Yes, save and protect his gray hairs and I will bless you until ...
— Marguerite Verne • Agatha Armour

... President of this nation, knowing the way its people would respond to any demand that might be made upon them, need have fears or doubts as to what stand it would finally take. But what I fear more than anything else is the possibility of world bankruptcy that will inevitably follow our getting into this thing, Not only world chaos and bankruptcy, but all of the distempers, social, moral, and industrial, that will flow from this world cataclysm. No sane man, therefore, who knows the dangerous elements ...
— Woodrow Wilson as I Know Him • Joseph P. Tumulty

... all but the universal business practice of the time, thousands of business houses closed their doors. The effect was cumulative; the fabric of credit, broken at one point, was weakened correspondingly in other places and the guilty and the innocent were alike plunged into the morass of bankruptcy. ...
— The American Empire • Scott Nearing

... few days she was better, and the house agent found her quite business-like. The said house agent had come down with one secret object in his heart. It was now nine months since the bankruptcy of a too well-known nobleman had thrown a splendid old house on the market. It had been in the hands of all the chief agents in London, and they had hardly had a bite for it. Even millionaires were shy of it so far, the fact ...
— Great Possessions • Mrs. Wilfrid Ward

... rout of creditors, people who rifled the bank, and went home to consume or invest their money in order to be succeeded by others. Hence, in the matter of civilization, the Middle Ages ended in an extraordinary slow ruin, a bankruptcy like that which overtook France before '89, and from which, as France was restored by the bold seizure and breaking up of property of the revolution, the world was restored by the bold breaking of feudal and spiritual mortmain, the restoring of wasted energies to utility, ...
— Euphorion - Being Studies of the Antique and the Mediaeval in the - Renaissance - Vol. II • Vernon Lee

... and sound in mind. In order to attain this desirable end, it is necessary to live properly during the first part of life. It is true that people may dissipate and reform and then live long in comfort, but usually those who spend too lavishly destroy their capital and go into physical or mental bankruptcy. ...
— Maintaining Health • R. L. Alsaker

... appointed on the important subjects of Bankruptcy and the Freedmen. Of the committee on the former, Thomas A. Jenckes was appointed chairman. Thomas D. Eliot, of Massachusetts, was made chairman of ...
— History of the Thirty-Ninth Congress of the United States • Wiliam H. Barnes

... ill-advised effort to force them immediately to a specie basis, loans were called in everywhere, the circulation was greatly contracted, prices fell, manufacturers and merchants were unable to meet their obligations, factories shut down, mercantile firms went into bankruptcy, banks closed their doors, and business everywhere was completely prostrated. To make matters worse, the export price of the great "money crop," cotton, fell from 32 cents in 1818 to 17-1/2 cents in 1820. The provision market of the western farmers was greatly ...
— Outline of the development of the internal commerce of the United States - 1789-1900 • T.W. van Mettre

... hear from you, but if you won't come here before Xmas, I very much fear we shall not meet here at all, for I shall be off somewhere or other very soon out of this land of Paper credit (or rather no credit at all, for every body seems on the high road to Bankruptcy), and if I quit it again I shall not be ...
— The Works of Lord Byron: Letters and Journals, Volume 2. • Lord Byron

... in velvet-hung reticent windows. High above the street, an unexpected square hanging in the darkness, the window of an office where some one was working late, for a reason unknown and stimulating. A man meshed in bankruptcy, an ambitious boy, an ...
— Babbitt • Sinclair Lewis

... to many whether the Doctor's oven was red-hot or not, as he never allowed any person to approach him during the exhibition or take part in the proceedings. He made a tour of the United States in giving these exhibitions, which resulted in financial bankruptcy. At the breaking out of the cholera in 1832 he turned Doctor, and appended M.D., to his name, and suddenly his newspaper advertisements claimed for him the title of the celebrated Fire King, the curer of consumption, the maker of Chinese ...
— The Miracle Mongers, an Expos • Harry Houdini

... for the colonel and the lesser one for Thenardier. What redoubled the tenderness of his gratitude towards Thenardier, was the idea of the distress into which he knew that Thenardier had fallen, and which had engulfed the latter. Marius had learned at Montfermeil of the ruin and bankruptcy of the unfortunate inn-keeper. Since that time, he had made unheard-of efforts to find traces of him and to reach him in that dark abyss of misery in which Thenardier had disappeared. Marius had beaten the whole country; he had gone to Chelles, to Bondy, to Gourney, to Nogent, to ...
— Les Miserables - Complete in Five Volumes • Victor Hugo

... breakfast, by no means feeling like an invalid. Nevertheless he was aware he ought to be cautious, knowing that now, when the tension and excitement had relaxed, his body might have to confess to its consumption of capital and file a petition in bankruptcy. Sometimes, without a warning to one's strength, the body overcomes the severest hardships as if the thing were mere child's play; and all goes well so long as the stimulated body is in motion. It works on its surplus energy, and as soon ...
— Atlantis • Gerhart Hauptmann

... of respect and affection truly profound and vivid. This lady was greatly distinguished for her beauty as well as for her voice, which was compared with that of Catalani. She was much impressed by the noble behavior of Madame Recamier at the time of her husband's bankruptcy; and, by her delicate attentions, secured the most grateful love in return. Their earnest and faithful affection lasted until death. A novel, entitled "Une Passion dans le Grande Monde," in which Madame de Stael and Madame ...
— The Friendships of Women • William Rounseville Alger

... to ease him of considerable sums. Many worshipful and be-knighted names occur to my memory, who did him the honor to run in his debt to the amount of thousands, and to pay him with a lawsuit, or a commission of bankruptcy, as the case happened. But they are gone to a different accounting, and it would be ungenerous to visit their disgrace upon their descendants. My father was wont also to give openings, to those who were pleased to take them, to pick a quarrel with him. He ...
— Memoirs of the Life of Sir Walter Scott, Volume I (of 10) • John Gibson Lockhart

... belongs to them, or because they are incapable of understanding the meaning of property. If accused of theft, they deny their guilt or assert that the stolen articles have been hidden on their persons by others. They are inclined to forgery and fraudulent bankruptcy, and when their misdeeds are brought home to them they show no shame. Unnatural sexual offences and crimes against the authorities are also common. While they are seldom guilty of murder, they frequently commit arson, through carelessness, or with the idea of destroying their homes ...
— Criminal Man - According to the Classification of Cesare Lombroso • Gina Lombroso-Ferrero

... expense. A sale of twenty-five sets a day meant prosperity on paper, but unless capital could be raised from some other source to make and market those books through a period of months, perhaps even years, to come, it meant bankruptcy in reality. It was Hall's job, with Clemens to back him, to keep their ship afloat on these steadily ebbing financial waters. It was also Hall's affair to keep Mark Twain cheerful, to look pleasant himself, and to show how they were ...
— Innocents abroad • Mark Twain

... 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. To a mind less balanced by native intrepidity ...
— The Modern Scottish Minstrel, Volumes I-VI. - The Songs of Scotland of the Past Half Century • Various

... her need by displaying new resources. To her, he seemed pale indeed, after the brilliancy of the night before, and he caused not the faintest emotion to the hungry Beatrix. A great love is a credit opened to a power so voracious that bankruptcy is sure to come ...
— Beatrix • Honore de Balzac

... writing a new chapter on the Movements of the Fourth Century B. C., and making that my third stage. This was the time when the Greek mind, still in its full creative vigour, made its first response to the twofold failure of the world in which it had put its faith, the open bankruptcy of the Olympian religion and the collapse of the city-state. Both had failed, and each tried vainly to supply the place of the other. Greece responded by the creation of two great permanent types of philosophy which have influenced human ethics ever since, the Cynic and Stoic ...
— Five Stages of Greek Religion • Gilbert Murray

... woman I take you for," he answered, turning to leave the room. "Just as you please. Only it will be that or the bankruptcy ...
— The Malefactor • E. Phillips Oppenheim

... speaks of himself as having once possessed twenty thousand pounds, and maintains that his ten-minutes' walk round St. Paul's was worth ten times the purchase-money of the ticket. A prize thus obtained has, moreover, this special advantage: it is beyond the reach of fate; it cannot be squandered; bankruptcy cannot lay siege to it; friends cannot pull it down, nor enemies blow it up; it bears a charmed life, and none of woman born can break its integrity, even by the dissipation of a single fraction. Show me the property in these perilous times that is equally ...
— Atlantic Monthly, Volume 14, No. 84, October, 1864 - A Magazine Of Literature, Art, And Politics • Various

... said to these enterprising men, over whose courage, enthusiasm, and vigour I have been heartily pleased: 'That is all very well, but the German Empire is not strong enough, it would attract the ill-will of other States.' I had not the courage as Chancellor to declare to them this bankruptcy of the ...
— Bismarck and the Foundation of the German Empire • James Wycliffe Headlam

... of the public funds by the various political parties, together with a too liberal use of the printing-press for the purpose of turning out paper money when funds were needed, had caused a condition of affairs which was very near bankruptcy. This condition, moreover, was largely artificial, since Brazil is almost the first among the States of South America in the matter of natural resources and general aptitude for prosperity. Nevertheless, the costly wars carried ...
— South America • W. H. Koebel

... shall say that the reform of our system of observances is unimportant? When we see how this system induces fashionable extravagance, with its entailed bankruptcy and ruin—when we mark how greatly it limits the amount of social intercourse among the less wealthy classes—when we find that many who most need to be disciplined by mixing with the refined are driven away ...
— English Prose - A Series of Related Essays for the Discussion and Practice • Frederick William Roe (edit. and select.)



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



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