In drafting the amendment that objection can be easily met.
I think the Bill should contain a provision that the creditors-a majority if you wish-should take control of the debtor's estate and put it in the hands of any person they think would be capable of winding it up to the best advantage. 'Such a provision would be especially applicable in my province, because, as I mentioned, we have not a sufficient number of skilled people to draw on in cases of this nature, and in out of the way places it would be necessary to secure a local man possessing the necessary qualifications. I think the principle is correct; the estate belongs to the creditors, and they should have control of it, rather than the Government should put A. B. in control because they have appointed him an official trustee. Under the old Act there was never any difficulty about the assignees appointed by the creditors; the difficulty always was with the official assignee. He was the man who made away with the estate.
Topic: BANKRUPTCY ACT.