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).
Often credited with inventing the steamboat, Robert Fulton was actually the man who put the design into practice. As a young man, Fulton dreamed of becoming a painter and went to Paris to study. His commissions were few, and he turned to engineering and inventions. In Paris, Fulton designed an experimental submarine, which caught the eye of Robert Livingston, then the wealthy American ambassador to France. Livingston convinced Fulton to return to the United States and concentrate on steamboat design. Fulton's first boat, the Clermont, was tested on the Hudson River.