Collier's New Encyclopedia

A complete general encyclopedia of 1921 — the world as it was understood just after the Great War, from Aachen to Zwingli, across twelve volumes and six thousand pages.

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Assembly (GENERAL an official name)

GENERAL, an official name of the supreme ecclesiastical court of the Established Church of Scotland, of the Free Church of Scotland, of the Presbyterian Church in Ireland, and of the two Presbyterian Churches in the United States. The term is also used in the United States to designate the dual legislative body of the several States , 21-Vol. I-Cyc separate until they had furnished France with a constitution, and the court was compelled to give its assent. In the 3,250 decrees passed by the Assembly were laid the foundation of a new epoch, and having accomplished this task. it dissolved itself, Sept. 30, 1791. The term is also applied to a joint meeting of the Senate and Corps Legislatif, for the purpose of electing a chief magistrate or the transaction of other extraordinary business.

ASSETS (French, assez, enough), property or goods available for the payment of a bankrupt or deceased person's obligations. Assets are personal or real , the former comprising all goods, chattels, goods, chattels , etc., devolving upon the executor as salable to discharge debts and legacies. In commerce and bankruptcy the term is often used as the antithesis of liabilities, to designate the stock in trade and entire property of an individual or an association.

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