Excerpt from Special Committee on Bill No. 41, an Act to Amend the Bankruptcy Act: Minutes of Proceedings and Evidence, No. 1, Tuesday, April 12, 1932, Wednesday, April 13, 1932The Special Committee on Bill no. 41, an Act to amend the Bankruptcy Act, met Wednesday, April 13, at 2 O'clock, Mr. Hackett, presiding.The chairman: Gentlemen, if the Committee will come to order we_ will proceed. Your sub-committee met for a few minutes yesterday afternoon and decided that the witnesses would be asked to speak to certain headings which will be given to each witness. This will-facilitate the determination in the first place of what should be taken down in shorthand and, in the second place, it will maintain some order and sequence in the testimony of the different witnesses. Mr. Varcoe of the Department of Justice, who drafted the Bill, was asked to be here to explain in a general way the purpose of the legislation. It was decided by the Committee to meet to day at 2 O'clock, to m - orrow at Friday at and on Tuesday at The Committee has been authorized to hold sittings while the House is in session. Mr. Grundy, from Winnipeg, has been very much interested in bankruptcy and has prepared a valuable statement on abuses and suggested legislation to remedy them. He was one of a committee of the Canadian Bar Association which, I think, was presided over by the president Of that body, Mr. Louis St. Laurent, of Quebec. I think as a preliminary to our work it would be of assistance to the Committee to have a general statement from Mr. Grundy. He has come a long way to help us, -and it is only fair that we should hear him as soon as we can. I think his statement would be a very useful preface to our labours.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.