Mr. POMEROY. I withdraw the amendm ent. The Clerk then proceeded with the reading of the bill. The 14thsection was read, as follows: SEC. 14. Amibe “ Abife: That assoonsssald mince is appointed and qualified. the Judge. or where there isnoopposing interest, theregister shall, by an instrumentunder his hand, assignand convey to the assigneeall the estate. realandpersonal, of the bankrupt, with all his deeds. books and papersrelating thereto and such assignmentshall relate back to the coinmence ment of said proceeding sin bankruptcy, and thereupon byoperation oflaw, all such property and estate both real and personal shall vest in said nssignec, although the same is then attachedon mesno processes the property of the debtor and shall dissolve any such atgichment madewit in 6 months next preceding the commencement of said proceedings: Provide. howrner, That there shall be exccpted from the operation of thoprpvlsionsof thlssectlon the necessary household and kitchen furniture and such other articles and necessariesof such bankruptas the said nsstgnoeshall designateand set apart. having reterence in the amount to the family condition, and circumstancesof the bankru. but a togethernot to exceedin value in any case the sum of8000; and also the wearing a parelof such bankrupt and that of his wife and chil reu, and the uniform, arms, and equimentsofany person whois or hasbeepasoldier in t a militia or in the service of the U.S and such other groperty as now is, or hereafter shall be, exempted cm a inchment OIBEIGHIGor lay on execution by the laws of the U.S.; an the determination of the assigneein the matter shall on exception taken, besubicct to the final decision of the said court: and promdedfurther, That no mort gage of any vessel or of any other goodsor chattels made as security to any debt or debts, in gop faith and for rrcsen considerations and other wrsn valid, and du recorded. pursuant to any statute of the U.S or any State, shall be Invalidated or affected hereby; and all the property conve edby the bankrupt in fraud of his creditors; all rights in equity. ehosesin action, patentsand pat "ent rights and copyrights; all debtsdue him, or any personfor his use, an all liens and securitiesthere or and all his rights of actionfor propertyor estate. real or personal, and for any cause of action which the bankru i. had against any person arising from contract or from the unlawful taing or detention of the property of the bankrupt: and all his righ tsof redeemingsuch propertyor estatewith the like right title power, and authority to sell, manage, disposeo, sue or, and recoveror defend the snmc, as the bankrupt might or could have bad if no assignmenthad been made, shall, in virtue of the adjudication of bankruptcy and the appointment ofhis assignce, beat once vestedin such assignoo;and he may suefor and recover the said estate. debts, and effects, and may prosecute and defend all suits at law or in equity. pendin at the timcottheadjudication of bankruptcy. in which such bankrupt is a party in his own name, in D the same manner and with the like effectas the might have been presented or defended by such bankrupt; and a copy. duly certified by the clerk of the cour undert o seal thereof. of the assignment made y the judge or register, as the casemay be. to him as user ec, shall be conclusive evidence of his title as we assimeo to take. hold, sue for, and recover the property of the bankrupt as here in beforementioned; but no property held by the bankrupt in trust shall pass by such assignment. Noperson shall bu entitled to maintain an action against an assiguce inbankruptcy for apything done y him as such nssrgneo. Without provrousl givmg him 20 days noticeofsuch action. spool in the cause thereof. to the end that such nssi noc may have an opportunity of tendenug amends. should heseefit to dose. oN porsonshall be entitled, usagainsttheas siguee, to withhold from him possession of anybooks of uccount of the bankruptmr claim any lien thereon; and no suit in which the nssignce is a party shall be abaled by his death or removal from office, but the samemay beprosecutedand defendedby his success scours. comrabyybtch. esurviving or remaining amignee, as the the assigncoshallhave authority, under the order and direction of the court. to redeemordischargeanymortgageorconditionalcontract, or pledge or deposit. orlon uponany property real or arsenal, wheneverJgayable, and to tender due perormance of the condition thereof, or to sell the same, subect to such mortgage. lien, or other ine umbrnnces. lhe debtor shall also. at the request of the assignee, and at the expenseof the estate. make and executeany instruments. doed s and writingswhichmaybepro or to enable the assigneeto possesshimself fullyo all dthiaetcalsysegtisvoefnthaeticbeaonfkrhuispat. p Thinetinentu. bseysphuablll icimatmioon at least once a week for t roe successiveweeks, in such newsfiapersas shall, for that purpose. be desig natudby the court. dueregard beinghad to their General circulation in thy district, and shall within 6 months, 0M8; the misnment to him to be recorded in every registr of deedsor other officewithin the bUy U.S. whereaconveyanceof any landsowned the bankrupt ought by law to he reeonled; and the record of such assignment or a duly certified copy thereof shall be evidencethereofin all courts.