Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: May 28, 2025
It does not however appear that any patent right was ever levied by the assignees, and the result of the proceeding was that the whole benefit of Cort's inventions was thus made over to the ironmasters and to the public.
If the certificate of bankruptcy is not granted, the creditors then select the permanent assignees, take extreme measures, and form an association to get possession of the whole property and the business of their debtor, seizing everything that he has or ever will have, his inheritance from his father, his mother, his aunt, et caetera.
Some lovers of justice, however, think that it is unnecessary all at once to endow the Trade with these windfalls, and that if an author's family, or his or their assignees, were prepared to publish cheap editions immediately after the expiration of the usual period of protection, they ought to be allowed to do so for a further period of, say, forty years.
The names of the assignees selected through the influence of du Tillet were very significant to Pillerault. Monsieur Bidault, called Gigonnet, the principal creditor, was the one to take no active part; and Molineux, the mischievous old man who lost nothing by the failure, was to manage everything.
It grants for fourteen years to the said Peter Cooper, his heirs, administrators, and assignees the exclusive right to make, use, or license others to use, the described improvement in the method of effecting rotary motion directly from the alternate rectilinear motion of a steam piston.
The assignees of the failure would, as du Tillet felt certain, follow his cue; and he, already possessed of the property paid over by the perfumer and his associates, could sell the lands at auction and buy them in at half their value with the funds of Roguin and the assets of the failure.
Barnum's money, to purchasing the East Bridgeport property at the assignees' sale and also taking up such clock notes as could be purchased at a reasonable percentage. Though this new plan did eventually result in putting more money in his pocket than the Jerome complication had taken out, yet the process was a slow one.
And even before this "signal instance of moral turpitude," the fact that so many old soldiers who had gone home with no other pay than government securities, to be exchanged for specie at the pleasure of a government which nobody had trusted, had sold out for a small sum, was one of the agitating themes of the country; and opinion was divided upon the right of the assignees to collect the full amount which the new government might be prepared to pay, while the moral rights of the worthy and original holder were ignored.
Subsequently, the assignees sold the grounds and outhouses of Iranistan to Elias Howe, Jr., the inventor of the sewing-machine. The property brought $50,000, which, with the $28,000 insurance went into Barnum's assets to satisfy clock creditors. It was Mr. Howe's intention to erect a splendid mansion on the estate, but his untimely and lamented death prevented the fulfilment of the plan.
'Break! says one of the assignees; 'how should he but break? why, he kept no books; you never saw books kept in such a scandalous manner in your life; why, he has not posted his cash-book, for I know not how many months; nor posted his day-book and journal at all, except here and there an account that he perhaps wanted to know the balance of; and as for balancing his cash, I don't see any thing of that done, I know not how long.
Word Of The Day
Others Looking