Section 26
SEC. 26. In all cases where the debtor resides out of the Philippine Islands: or has departed from the Philippine Islands; or can not, after due diligence, be found within the Philippine Islands; or conceals himself to avoid service of the order to show cause, or any other preliminary process or orders in the matter; or is a foreign corporation having no managing or business agent, cashier, and within the Philippine Islands upon whom service or nil process can he made, and it therefore becomes necessary in service of process and order to show cause, as provided in twenty-two of this Act, then the petitioning creditors, upon submitting affidavits requisite to procure an order of publication, and presenting a bond in double the amount of the if their claims against the debtor, shall be entitled the court directing the sheriff of the province or the matter is pending to take into his custody a sufficient amount of property of the debtor to satisfy the demands g creditors and the costs of the proceedings. Upon receiving such order of the court to take into custody property of the debtor, it shall he the duty of the sheriff to take possession of the property and effects of the debtor, not exempt from execution, to an extent sufficient to cover the amount provided for, and to prepare, within three days from the time of taking such possession, a complete inventory of all the property so taken, and to return it to the court as soon as completed. The time for taking the inventory and making return thereof may be extended for good causes shown to the court: or a judge thereof. The sheriff shall also prepare a schedule of the names and residences of the creditors, and the amount due each, from the books of the debtor, or from s«ch other papers or data, of the debtor available as may come to his possession, and shall file such such inventory with the clerk of the court.