receive the full of
his debt before the same estate shall be taken out of his possession
and sold for the profit of the other creditors. But, as to movable
effects, no right of pledge shall be admitted, unless the thing
claimed by any creditor as a pledge for his debt, shall have been
actually delivered to him before the bankruptcy was committed, and
shall have remained constantly in his hands; in which case, he shall
also be paid the whole of his just debt, before he shall be
dispossessed of such pledge to be sold for the benefit of the
creditors in general. The trustees shall make a report to the College
of Commerce in what state they have found the books, papers, and
affairs of the bankrupt, and by what means he has failed, and, if they
declare him to be an honest man, he shall be immediately discharged.
ARTICLE XVIII.
To multiply the ties, and to establish a more intimate and friendly
intercourse between the citizens and subjects of the contracting
parties, it is agreed, that whenever any citizen of the United States,
resident in any part of Russia, shall associate and enter into
partnership with any Russian merchant, he shall thereby acquire and be
entitled, for so long time as the said association and partnership
shall be continued, all the rights, liberties, privileges, immunities,
and exemptions, in navigation, trade, and commerce, of a native
subject of Russia. And on the other hand, whenever any Russian
merchant resident in any of the territories of the United States,
shall associate, and enter into partnership, with any merchant or
citizen of the United States, he shall thereby acquire and be entitled
to enjoy, for so long a time as the said association and partnership
shall be continued, all the rights, liberties, privileges, immunities,
and exemptions in navigation, trade, and commerce, of a native citizen
of the United States. But the said citizens and subjects, on the one
part and on the other, shall not be subjected on such account to any
tax or imposition whatever, and they shall also be exempt from all
burdens, charges, and services, of what nature soever, which are
peculiar to native citizens, and subjects, and burghers, and are not
exacted from the most favored nations.
ARTICLE XIX.
All necessary precaution shall be taken, that the brack be trusted to
persons of known ability and probity, and the brackers shall be
responsible for t
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