Exemptions are important in bankruptcy. If property is âexemptâ, it means the debtor. may keep the property and does not have to turn it over to the bankruptcy trustee. All property-. even property the debtor intends to keep -must be listed on the debtorâs bankruptcy schedules.
In 1803 Robert Fulton invented the steamboat In 1736, Jonathan Hulls took out a patent in England for a Newcomen engine-powered steamboat. (but James Watt's improvement to t â¦ he steam engine made it feasible).
In 1807, Fulton (with help) built the first commercial steamboat, the North River Steamboat (later known as the Clermont), which carried passengers between New York City and â¦ Albany, New York. He didn't invent the steamboat, his was just the first commercial steamboat.