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265. [The Court shall, by general orders to be from time to time made pursuant to this Act] [Bankruptcy rules shall] regulate and fix the manner and time of the choice and appointment of creditors assignees of the bankrupt's ... estate and effects; and all creditors shall be entitled to vote in such choice personally, or by some agent duly authorized in writing; and the choice and appointment shall be made by the major part in value of the creditors: Provided that the Court shall have power to reject any person so chosen who shall appear to such Court unfit to be an assignee, or to remove any assignee; and upon such rejection or removal a new choice and appointment of another assignee shall be made in like manner.
© 1857 Crown Copyright
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