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An Essay Upon Projects by Daniel Defoe
page 119 of 185 (64%)

This court should consist of a select number of persons, to be
chosen yearly out of the several wards of the City by the Lord Mayor
and Court of Aldermen, and out of the several Inns of Court by the
Lord Chancellor, or Lord Keeper, for the time being, and to consist
of,

A President, } To be chosen by the rest, and
A Secretary, } named every year also.
A Treasurer, }
A judge of causes for the proof of debts.
Fifty-two citizens, out of every ward two;
of which number to be twelve merchants.
Two lawyers (barristers at least) out of each
of the Inns of Court.

That a Commission of Inquiry into bankrupts' estates be given to
these, confirmed and settled by Act of Parliament, with power to
hear, try, and determine causes as to proof of debts, and disputes
in accounts between debtor and creditor, without appeal.

The office for this court to be at Guildhall, where clerks should be
always attending, and a quorum of the commissioners to sit de die in
diem, from three to six o'clock in the afternoon.

To this court every man who finds himself pressed by his affairs, so
that he cannot carry on his business, shall apply himself as
follows:-

He shall go to the secretary's office, and give in his name, with
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