Page: 468↓
Subject_Bankruptcy.—
In a petition for approval of composition, and for exoneration of the bankrupt, in common form, the application must be at the instance of the bankrupt, with concurrence of the trustee, and not merely at the instance of the trustee.
In the sequestration of John and James Johnston, an offer of composition was agreed to, and an application was made for approval, and for exoneration, by the trustee alone.
Petition superseded accordingly.