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"By the courts of commerce themselves. It is done constantly," saidMonsieur C. de Bonfons, bestriding Grandet's meaning, or thinking heguessed it, and kindly wishing to help him out with it. "Listen.""Y-yes," said Grandet humbly, with the mischievous expression of a boywho is inwardly laughing at his teacher while he pays him the greatestattention. human hair wigs portland oregon

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"When a man so respected and important as, for example, your latebrother," human hair wigs qatar

"M-my b-b-brother, yes." human hair wigs quality

",is threatened with insolvency," disadvantages of human hair wigs include

"They c-c-call it in-ins-s-solvency?"

"Yes; when his failure is imminent, the court of commerce, to which heis amenable (please follow me attentively), has the power, by adecree, to appoint a receiver. Liquidation, you understand, is not thesame as failure. When a man fails, he is dishonored; but when hemerely liquidates, he remains an honest man."

"T-t-that's very d-d-different, if it d-d-doesn't c-c-cost m-m-more,"said Grandet.

"But a liquidation can be managed without having recourse to thecourts at all. For," said the president, sniffing a pinch of snuff,"don't you know how failures are declared?"

"N-n-no, I n-n-never t-t-thought," answered Grandet.

"In the first place," resumed the magistrate, "by filing the schedulein the record office of the court, which the merchant may do himself,or his representative for him with a power of attorney duly certified.In the second place, the failure may be declared under compulsion fromthe creditors. Now if the merchant does not file his schedule, and ifno creditor appears before the courts to obtain a decree of insolvencyagainst the merchant, what happens?"

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